HC Wainwright Weighs in on Avino Silver & Gold Mines Ltd.’s FY2024 Earnings (NYSE:ASM)

Avino Silver & Gold Mines Ltd. (NYSE:ASM) – Stock analysts at HC Wainwright increased their FY2024 EPS estimates for Avino Silver & Gold Mines in a research report issued to clients and investors on Thursday, April 18th. HC Wainwright analyst H. Ihle now expects that the company will earn $0.06 per share for the year, up from their previous forecast of $0.05. HC Wainwright currently has a “Buy” rating and a $1.60 target price on the stock. The consensus estimate for Avino Silver & Gold Mines’ current full-year earnings is $0.04 per share. HC Wainwright also issued estimates for Avino Silver & Gold Mines’ FY2025 earnings at $0.07 EPS.

A number of other research analysts also recently weighed in on the stock. StockNews.com began coverage on shares of Avino Silver & Gold Mines in a research report on Friday, March 8th. They issued a “sell” rating for the company. Roth Mkm reaffirmed a “buy” rating and issued a $1.10 target price on shares of Avino Silver & Gold Mines in a research report on Tuesday.

Avino Silver & Gold Mines Stock Up 3.1 %

Shares of ASM stock opened at $0.72 on Monday. The firm has a fifty day moving average of $0.71 and a 200-day moving average of $0.56. The company has a quick ratio of 1.07, a current ratio of 1.70 and a debt-to-equity ratio of 0.02. Avino Silver & Gold Mines has a 12-month low of $0.40 and a 12-month high of $0.92. The company has a market capitalization of $93.30 million, a price-to-earnings ratio of 18.64 and a beta of 2.07.

Avino Silver & Gold Mines (NYSE:ASM) last issued its quarterly earnings data on Wednesday, March 20th. The company reported $0.02 earnings per share (EPS) for the quarter. Avino Silver & Gold Mines had a net margin of 1.23% and a return on equity of 4.53%. The company had revenue of $12.53 million during the quarter, compared to the consensus estimate of $9.50 million.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Avino Silver & Gold Mines stock. Rathbones Group PLC acquired a new stake in Avino Silver & Gold Mines Ltd. (NYSE:ASM) in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm acquired 65,250 shares of the company’s stock, valued at approximately $34,000. Rathbones Group PLC owned 0.05% of Avino Silver & Gold Mines at the end of the most recent reporting period. 3.11% of the stock is owned by hedge funds and other institutional investors.

Avino Silver & Gold Mines Company Profile

Avino Silver & Gold Mines Ltd., together with its subsidiaries, engages in the acquisition, exploration, and advancement of mineral properties in Canada. It primarily explores for silver, gold, and copper deposits. The company owns interests in 42 mineral claims and four leased mineral claims, including Avino mine area property comprising four exploration concessions covering 154.4 hectares, 24 exploitation concessions covering 1,284.7 hectares, and one leased exploitation concession covering 98.83 hectares; Gomez Palacio property consists of nine exploration concessions covering 2,549 hectares; and Unification La Platosa properties, which include three leased concessions located in the state of Durango, Mexico.