Avino Silver & Gold Mines Ltd. (NYSE:ASM - Get Free Report) gapped down before the market opened on Thursday . The stock had previously closed at $3.97, but opened at $3.85. Avino Silver & Gold Mines shares last traded at $3.82, with a volume of 2,541,573 shares changing hands.
Wall Street Analysts Forecast Growth
Several brokerages have weighed in on ASM. HC Wainwright increased their price objective on Avino Silver & Gold Mines from $2.20 to $2.80 and gave the company a "buy" rating in a report on Thursday, May 15th. Wall Street Zen lowered Avino Silver & Gold Mines from a "buy" rating to a "hold" rating in a report on Friday, May 16th. Finally, Roth Capital reissued a "neutral" rating and set a $3.50 price objective on shares of Avino Silver & Gold Mines in a report on Tuesday, July 1st. Two investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company's stock. According to MarketBeat.com, Avino Silver & Gold Mines presently has a consensus rating of "Moderate Buy" and a consensus target price of $2.58.
Check Out Our Latest Analysis on ASM
Avino Silver & Gold Mines Stock Up 1.2%
The stock has a fifty day moving average price of $3.60 and a 200 day moving average price of $2.74. 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 stock has a market capitalization of $543.41 million, a P/E ratio of 186.34 and a beta of 1.66.
Institutional Investors Weigh In On Avino Silver & Gold Mines
A number of institutional investors and hedge funds have recently made changes to their positions in the business. Mariner LLC purchased a new stake in Avino Silver & Gold Mines during the fourth quarter valued at about $41,000. Dynamic Technology Lab Private Ltd increased its holdings 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 purchasing an additional 4,904 shares during the period. Two Sigma Advisers LP bought a new stake in Avino Silver & Gold Mines during the 4th quarter valued at approximately $67,000. Prudential Financial Inc. bought a new stake in Avino Silver & Gold Mines during the 4th quarter valued at approximately $80,000. Finally, Northwest & Ethical Investments L.P. bought a new stake in Avino Silver & Gold Mines during the 1st quarter valued at approximately $118,000. Hedge funds and other institutional investors own 3.11% of the company's stock.
About Avino Silver & Gold Mines
(
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.
Featured Stories
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 Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Looking for the next FAANG stock before everyone has heard about it? Enter your email address to see which stocks MarketBeat analysts think might become the next trillion dollar tech company.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
