HC Wainwright Boosts Avino Silver & Gold Mines (NYSE:ASM) Price Target to $1.80

Avino Silver & Gold Mines (NYSE:ASM) had its target price increased by HC Wainwright from $1.50 to $1.80 in a note issued to investors on Thursday,Benzinga reports. The firm currently has a “buy” rating on the stock. HC Wainwright’s price objective points to a potential upside of 74.76% from the stock’s previous close. HC Wainwright also issued estimates for Avino Silver & Gold Mines’ FY2025 earnings at $0.08 EPS.

A number of other research firms also recently commented on ASM. Alliance Global Partners lifted their target price on Avino Silver & Gold Mines from $1.70 to $2.20 and gave the stock a “buy” rating in a report on Friday, October 18th. Roth Mkm restated a “buy” rating and set a $1.60 price objective (up from $1.25) on shares of Avino Silver & Gold Mines in a research note on Wednesday, July 17th.

Avino Silver & Gold Mines Stock Performance

Shares of ASM opened at $1.03 on Thursday. Avino Silver & Gold Mines has a 12 month low of $0.44 and a 12 month high of $1.56. The stock has a fifty day moving average price of $1.28 and a 200-day moving average price of $1.12. The company has a current ratio of 2.11, a quick ratio of 1.30 and a debt-to-equity ratio of 0.02. The firm has a market cap of $144.67 million, a PE ratio of 51.50 and a beta of 1.97.

Avino Silver & Gold Mines (NYSE:ASM) last announced its quarterly earnings data on Tuesday, August 13th. The company reported $0.03 EPS for the quarter, beating the consensus estimate of $0.02 by $0.01. The firm had revenue of $14.79 million during the quarter, compared to analyst estimates of $13.50 million. Avino Silver & Gold Mines had a net margin of 6.57% and a return on equity of 12.29%. Equities research analysts predict that Avino Silver & Gold Mines will post 0.05 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Marshall Wace LLP purchased a new position in Avino Silver & Gold Mines in the 2nd quarter valued at $165,000. Rathbones Group PLC purchased a new position in shares of Avino Silver & Gold Mines in the second quarter worth about $135,000. Tidal Investments LLC purchased a new position in shares of Avino Silver & Gold Mines in the first quarter worth about $1,906,000. Jane Street Group LLC boosted its position in Avino Silver & Gold Mines by 276.3% during the third quarter. Jane Street Group LLC now owns 39,184 shares of the company’s stock worth $43,000 after acquiring an additional 28,771 shares during the last quarter. Finally, XTX Topco Ltd purchased a new stake in Avino Silver & Gold Mines during the 3rd quarter valued at about $100,000. 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.