Goldman Sachs Group Inc. Acquires 141,594 Shares of Avino Silver & Gold Mines Ltd. $ASM

Goldman Sachs Group Inc. grew its holdings in shares of Avino Silver & Gold Mines Ltd. (NYSE:ASM) by 208.7% during the first quarter, Holdings Channel reports. The firm owned 209,440 shares of the company’s stock after purchasing an additional 141,594 shares during the period. Goldman Sachs Group Inc.’s holdings in Avino Silver & Gold Mines were worth $385,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of ASM. Dynamic Technology Lab Private Ltd grew its stake in Avino Silver & Gold Mines by 18.5% in the 1st quarter. Dynamic Technology Lab Private Ltd now owns 31,452 shares of the company’s stock valued at $58,000 after buying an additional 4,904 shares during the last quarter. Two Sigma Advisers LP acquired a new position in Avino Silver & Gold Mines in the 4th quarter valued at $67,000. Northwest & Ethical Investments L.P. acquired a new position in Avino Silver & Gold Mines in the 1st quarter valued at $118,000. Cubist Systematic Strategies LLC acquired a new position in Avino Silver & Gold Mines in the 1st quarter valued at $134,000. Finally, Alps Advisors Inc. grew its stake in Avino Silver & Gold Mines by 70.3% in the 1st quarter. Alps Advisors Inc. now owns 92,088 shares of the company’s stock valued at $169,000 after buying an additional 38,002 shares during the last quarter. 3.11% of the stock is currently owned by institutional investors and hedge funds.

Avino Silver & Gold Mines Stock Performance

NYSE ASM opened at $5.11 on Friday. 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 company’s fifty day moving average is $4.05 and its two-hundred day moving average is $3.52. Avino Silver & Gold Mines Ltd. has a 52-week low of $0.85 and a 52-week high of $5.29. The firm has a market capitalization of $771.93 million, a price-to-earnings ratio of 255.63 and a beta of 1.61.

Analysts Set New Price Targets

A number of research analysts recently issued reports on the stock. HC Wainwright reiterated a “buy” rating and issued a $4.80 target price on shares of Avino Silver & Gold Mines in a research note on Thursday, August 14th. Roth Capital raised their price target on shares of Avino Silver & Gold Mines from $3.50 to $3.60 and gave the stock a “neutral” rating in a research report on Friday, August 15th. Finally, Zacks Research lowered shares of Avino Silver & Gold Mines from a “strong-buy” rating to a “hold” rating in a research report on Monday, September 22nd. Three equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat, Avino Silver & Gold Mines currently has an average rating of “Moderate Buy” and a consensus target price of $3.10.

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.