Perritt Capital Management Inc Cuts Stake in Avino Silver & Gold Mines Ltd. (NYSE:ASM)

Perritt Capital Management Inc lessened its stake in Avino Silver & Gold Mines Ltd. (NYSE:ASM) by 5.0% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 665,000 shares of the company’s stock after selling 35,000 shares during the quarter. Perritt Capital Management Inc owned approximately 0.47% of Avino Silver & Gold Mines worth $586,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Jane Street Group LLC increased its holdings in Avino Silver & Gold Mines by 276.3% in the 3rd quarter. Jane Street Group LLC now owns 39,184 shares of the company’s stock valued at $43,000 after acquiring an additional 28,771 shares during the last quarter. Prudential Financial Inc. purchased a new position in shares of Avino Silver & Gold Mines during the fourth quarter valued at about $80,000. XTX Topco Ltd bought a new stake in shares of Avino Silver & Gold Mines in the third quarter worth about $100,000. JPMorgan Chase & Co. purchased a new stake in shares of Avino Silver & Gold Mines in the fourth quarter worth about $147,000. Finally, Sprott Inc. boosted its stake in Avino Silver & Gold Mines by 37.4% during the fourth quarter. Sprott Inc. now owns 251,400 shares of the company’s stock valued at $221,000 after buying an additional 68,400 shares during the last quarter. Institutional investors own 3.11% of the company’s stock.

Analyst Ratings Changes

A number of analysts have issued reports on ASM shares. StockNews.com raised Avino Silver & Gold Mines from a “hold” rating to a “buy” rating in a research note on Monday, March 17th. HC Wainwright boosted their price target on shares of Avino Silver & Gold Mines from $1.90 to $2.20 and gave the stock a “buy” rating in a research report on Wednesday, March 12th.

Avino Silver & Gold Mines Trading Down 4.9 %

Shares of NYSE ASM opened at $1.75 on Wednesday. Avino Silver & Gold Mines Ltd. has a 1-year low of $0.68 and a 1-year high of $2.00. The company has a debt-to-equity ratio of 0.01, a current ratio of 2.36 and a quick ratio of 1.43. The business’s 50 day moving average is $1.61 and its two-hundred day moving average is $1.30. The stock has a market capitalization of $246.52 million, a P/E ratio of 87.54 and a beta of 1.87.

Avino Silver & Gold Mines Profile

Avino Silver & Gold Mines Ltd. engages in the mining and exploration activities. It focuses on silver reserves in the Durango region of North Central Mexico. It operates through the Silver, Gold, and Copper segments. The company was founded on May 15, 1968 and is headquartered in Vancouver, Canada.