Avino Silver & Gold Mines Ltd. (NYSE:ASM - Get Free Report)'s share price 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.
Wall Street Analyst Weigh In
Several equities analysts recently commented on the company. HC Wainwright boosted their target price on Avino Silver & Gold Mines from $2.20 to $2.80 and gave the stock a "buy" rating in a research report on Thursday, May 15th. Wall Street Zen cut 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 target price on shares of Avino Silver & Gold Mines in a report on Tuesday, July 1st. Two research analysts have rated the stock with a hold rating and three have issued a buy rating to the company's stock. Based on data from MarketBeat, Avino Silver & Gold Mines presently has an average rating of "Moderate Buy" and a consensus price target of $2.58.
Get Our Latest Report on Avino Silver & Gold Mines
Avino Silver & Gold Mines Trading Up 3.6%
The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.43 and a current ratio of 2.36. The company has a market cap of $506.66 million, a P/E ratio of 174.64 and a beta of 1.66. The stock has a 50-day moving average of $3.46 and a two-hundred day moving average of $2.60.
Institutional Inflows and Outflows
A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Dynamic Technology Lab Private Ltd increased its position in Avino Silver & Gold Mines by 18.5% during 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 in the last quarter. Sprott Inc. boosted its stake in shares of Avino Silver & Gold Mines by 4.2% in the 1st quarter. Sprott Inc. now owns 261,850 shares of the company's stock worth $482,000 after buying an additional 10,450 shares during the last quarter. Cambridge Investment Research Advisors Inc. raised its holdings in Avino Silver & Gold Mines by 12.5% in the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 187,789 shares of the company's stock worth $346,000 after purchasing an additional 20,900 shares during the period. Alps Advisors Inc. raised its holdings 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 worth $169,000 after purchasing an additional 38,002 shares during the period. Finally, Mariner LLC bought a new position in Avino Silver & Gold Mines in the 4th quarter worth $41,000. Institutional investors own 3.11% of the company's stock.
About Avino Silver & Gold Mines
(
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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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