Avino Silver & Gold Mines (NYSE:ASM) Earns “Buy” Rating from Roth Mkm

Roth Mkm reissued their buy rating on shares of Avino Silver & Gold Mines (NYSE:ASM) in a research note issued to investors on Tuesday, Benzinga reports. The firm currently has a $1.10 price objective on the stock.

Several other brokerages have also weighed in on ASM. StockNews.com started coverage on Avino Silver & Gold Mines in a report on Friday, March 8th. They issued a sell rating for the company. HC Wainwright boosted their target price on Avino Silver & Gold Mines from $1.50 to $1.60 and gave the stock a buy rating in a research report on Thursday, April 18th.

Avino Silver & Gold Mines Price Performance

Shares of ASM opened at $0.71 on Tuesday. Avino Silver & Gold Mines has a 52-week low of $0.40 and a 52-week high of $0.92. The business’s 50 day moving average price is $0.71 and its two-hundred day moving average price is $0.57. The company has a debt-to-equity ratio of 0.02, a quick ratio of 1.07 and a current ratio of 1.70. The firm has a market cap of $92.82 million, a PE ratio of 17.40 and a beta of 2.08.

Avino Silver & Gold Mines (NYSE:ASM) last issued its quarterly earnings data on Wednesday, March 20th. The company reported $0.02 earnings per share for the quarter. Avino Silver & Gold Mines had a return on equity of 4.53% and a net margin of 1.23%. The business had revenue of $12.53 million for the quarter, compared to analysts’ expectations of $9.50 million. On average, equities analysts anticipate that Avino Silver & Gold Mines will post 0.04 EPS for the current year.

Institutional Trading of Avino Silver & Gold Mines

An institutional investor recently bought a new position in Avino Silver & Gold Mines stock. Rathbones Group PLC bought a new position in shares of Avino Silver & Gold Mines Ltd. (NYSE:ASM) in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 65,250 shares of the company’s stock, valued at approximately $34,000. Rathbones Group PLC owned approximately 0.05% of Avino Silver & Gold Mines at the end of the most recent quarter. 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.