Free Trial

Avino Silver & Gold Mines (NYSE:ASM) Hits New 52-Week High - Should You Buy?

Avino Silver & Gold Mines logo with Basic Materials background

Avino Silver & Gold Mines Ltd. (NYSE:ASM - Get Free Report) reached a new 52-week high during mid-day trading on Thursday . The stock traded as high as $3.74 and last traded at $3.68, with a volume of 806037 shares. The stock had previously closed at $3.51.

Wall Street Analyst Weigh In

ASM has been the subject of a number of recent analyst reports. HC Wainwright upped their price target on Avino Silver & Gold Mines from $2.20 to $2.80 and gave the company a "buy" rating in a research report on Thursday, May 15th. Wall Street Zen downgraded Avino Silver & Gold Mines from a "buy" rating to a "hold" rating in a report on Friday, May 16th.

Check Out Our Latest Research Report on ASM

Avino Silver & Gold Mines Price Performance

The company has a market cap of $505.72 million, a PE ratio of 178.59 and a beta of 1.66. The firm's 50-day moving average is $2.90 and its 200-day moving average is $2.16. The company has a quick ratio of 1.43, a current ratio of 2.36 and a debt-to-equity ratio of 0.01.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the company. Dynamic Technology Lab Private Ltd grew its stake in Avino Silver & Gold Mines by 18.5% in the first quarter. Dynamic Technology Lab Private Ltd now owns 31,452 shares of the company's stock worth $58,000 after purchasing an additional 4,904 shares during the period. Sprott Inc. boosted its holdings in shares of Avino Silver & Gold Mines by 4.2% during the 1st quarter. Sprott Inc. now owns 261,850 shares of the company's stock valued at $482,000 after buying an additional 10,450 shares in the last quarter. Cambridge Investment Research Advisors Inc. boosted its holdings in shares of Avino Silver & Gold Mines by 12.5% during the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 187,789 shares of the company's stock valued at $346,000 after buying an additional 20,900 shares in the last quarter. Alps Advisors Inc. grew its position in shares of Avino Silver & Gold Mines by 70.3% in the 1st quarter. Alps Advisors Inc. now owns 92,088 shares of the company's stock worth $169,000 after buying an additional 38,002 shares during the period. Finally, Mariner LLC bought a new position in shares of Avino Silver & Gold Mines in the 4th quarter worth about $41,000. Institutional investors own 3.11% of the company's stock.

Avino Silver & Gold Mines Company Profile

(Get Free Report)

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.

See Also

Should You Invest $1,000 in Avino Silver & Gold Mines Right Now?

Before you consider Avino Silver & Gold Mines, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Avino Silver & Gold Mines wasn't on the list.

While Avino Silver & Gold Mines currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

10 Best Cheap Stocks to Buy Now Cover

MarketBeat just released its list of 10 cheap stocks that have been overlooked by the market and may be seriously undervalued. Enter your email address and below to see which companies made the list.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

Congress Is Pouring Millions Into These 6 Surprising Stocks
3 Dirt-Cheap Stocks in a Market That’s Getting Expensive
Top 3 Defense Stocks to Profit From $175 Billion Golden Dome

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines