Avino Silver & Gold Mines Ltd. (NYSE:ASM - Get Free Report) shares shot up 0.7% on Wednesday . The company traded as high as $3.74 and last traded at $3.54. 8,465,466 shares traded hands during trading, an increase of 270% from the average session volume of 2,288,301 shares. The stock had previously closed at $3.51.
Analyst Ratings Changes
A number of research firms recently weighed in on ASM. Wall Street Zen lowered shares of Avino Silver & Gold Mines from a "buy" rating to a "hold" rating in a research report on Friday, May 16th. 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 report on Thursday, May 15th.
Get Our Latest Report on ASM
Avino Silver & Gold Mines Stock Performance
The firm's 50-day moving average price is $3.34 and its two-hundred day moving average price is $2.47. 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 stock has a market cap of $506.51 million, a price-to-earnings ratio of 174.59 and a beta of 1.66.
Hedge Funds Weigh In On Avino Silver & Gold Mines
Several institutional investors and hedge funds have recently bought and sold shares of ASM. Renaissance Technologies LLC lifted its holdings in Avino Silver & Gold Mines by 382.0% in the fourth quarter. Renaissance Technologies LLC now owns 1,874,867 shares of the company's stock valued at $1,652,000 after acquiring an additional 1,485,910 shares during the last quarter. Trek Financial LLC acquired a new position in Avino Silver & Gold Mines in the first quarter valued at approximately $1,327,000. Bank of America Corp DE lifted its holdings in Avino Silver & Gold Mines by 184,842.4% in the fourth 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 last quarter. Millennium Management LLC acquired a new position in shares of Avino Silver & Gold Mines in the 4th quarter valued at $492,000. Finally, Acadian Asset Management LLC acquired a new position in shares of Avino Silver & Gold Mines in the 1st quarter valued at $669,000. 3.11% of the stock is currently owned by institutional investors and hedge funds.
Avino Silver & Gold Mines Company Profile
(
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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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