Avino Silver & Gold Mines (NYSE:ASM) Shares Up 4.3% - Still a Buy?

Avino Silver & Gold Mines Ltd. (NYSE:ASM - Get Free Report) shares were up 4.3% on Thursday . The company traded as high as $3.69 and last traded at $3.63. Approximately 1,877,892 shares changed hands during trading, a decline of 13% from the average daily volume of 2,166,116 shares. The stock had previously closed at $3.48.

Analyst Ratings Changes

ASM has been the topic of several analyst reports. Wall Street Zen lowered shares of Avino Silver & Gold Mines from a "buy" rating to a "hold" rating in a report on Friday, May 16th. HC Wainwright upped 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.

Avino Silver & Gold Mines Price Performance

The company's 50 day simple moving average is $3.12 and its 200 day simple moving average is $2.33. 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 cap of $516.67 million, a P/E ratio of 178.09 and a beta of 1.66.

Institutional Investors Weigh In On Avino Silver & Gold Mines

Institutional investors have recently added to or reduced their stakes in the stock. JPMorgan Chase & Co. acquired a new stake in shares of Avino Silver & Gold Mines in the 4th quarter valued at about $147,000. Captrust Financial Advisors bought a new position in shares of Avino Silver & Gold Mines during the fourth quarter worth about $217,000. Millennium Management LLC acquired a new stake in Avino Silver & Gold Mines in the 4th quarter valued at approximately $492,000. Bank of America Corp DE lifted its stake in Avino Silver & Gold Mines by 184,842.4% in 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 in the last quarter. Finally, Two Sigma Advisers LP bought a new stake in Avino Silver & Gold Mines in the 4th quarter valued at approximately $67,000. 3.11% of the stock is owned by institutional investors.

Avino Silver & Gold Mines Company Profile

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.