Shares of Avino Silver & Gold Mines Ltd. (NYSE:ASM - Get Free Report) gapped down before the market opened on Thursday . The stock had previously closed at $3.37, but opened at $3.22. Avino Silver & Gold Mines shares last traded at $3.48, with a volume of 1,959,367 shares trading hands.
Wall Street Analyst Weigh In
A number of equities research analysts recently weighed in on the company. HC Wainwright raised their price objective 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. Finally, Roth Capital restated a "neutral" rating and set a $3.50 price target on shares of Avino Silver & Gold Mines in a research note on Tuesday. Two equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company. Based on data from MarketBeat.com, Avino Silver & Gold Mines currently has a consensus rating of "Moderate Buy" and an average target price of $2.58.
Check Out Our Latest Stock Analysis on ASM
Avino Silver & Gold Mines Stock Performance
The company has a current ratio of 2.36, a quick ratio of 1.43 and a debt-to-equity ratio of 0.01. The firm has a 50-day moving average of $3.46 and a 200-day moving average of $2.59. The stock has a market capitalization of $506.66 million, a price-to-earnings ratio of 174.64 and a beta of 1.66.
Hedge Funds Weigh In On Avino Silver & Gold Mines
Several hedge funds have recently made changes to their positions in ASM. JPMorgan Chase & Co. purchased a new position in shares of Avino Silver & Gold Mines in the fourth quarter worth about $147,000. Captrust Financial Advisors purchased a new position in shares of Avino Silver & Gold Mines in the fourth quarter worth about $217,000. Millennium Management LLC purchased a new position in shares of Avino Silver & Gold Mines in the fourth quarter worth about $492,000. Bank of America Corp DE lifted its stake in Avino Silver & Gold Mines by 184,842.4% during the 4th quarter. Bank of America Corp DE now owns 571,472 shares of the company's stock valued at $503,000 after acquiring an additional 571,163 shares during the period. Finally, Two Sigma Investments LP acquired a new stake in Avino Silver & Gold Mines during the 4th quarter valued at approximately $206,000. 3.11% of the stock is owned by institutional investors and hedge funds.
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.
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