Avino Silver & Gold Mines Ltd. (NYSE:ASM - Get Free Report)'s stock price shot up 40.1% during mid-day trading on Wednesday . The company traded as high as $1.73 and last traded at $2.05. 3,863,734 shares changed hands during mid-day trading, an increase of 136% from the average session volume of 1,638,855 shares. The stock had previously closed at $1.46.
Analysts Set New Price Targets
ASM has been the subject of several recent analyst reports. HC Wainwright restated a "buy" rating and set a $2.20 target price on shares of Avino Silver & Gold Mines in a research note on Thursday. StockNews.com raised Avino Silver & Gold Mines from a "hold" rating to a "buy" rating in a research note on Monday, March 17th.
Get Our Latest Stock Report on ASM
Avino Silver & Gold Mines Stock Down 2.5 %
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 company has a market capitalization of $277.65 million, a price-to-earnings ratio of 98.05 and a beta of 1.68. The firm's fifty day moving average price is $1.79 and its 200-day moving average price is $1.49.
Hedge Funds Weigh In On Avino Silver & Gold Mines
Several large investors have recently bought and sold shares of ASM. Jane Street Group LLC lifted its holdings in shares of Avino Silver & Gold Mines by 276.3% during the third quarter. Jane Street Group LLC now owns 39,184 shares of the company's stock worth $43,000 after purchasing an additional 28,771 shares during the period. Mariner LLC acquired a new stake in shares of Avino Silver & Gold Mines in the fourth quarter valued at about $41,000. Two Sigma Advisers LP bought a new position in shares of Avino Silver & Gold Mines during the fourth quarter worth about $67,000. Prudential Financial Inc. bought a new position in shares of Avino Silver & Gold Mines during the fourth quarter worth about $80,000. Finally, XTX Topco Ltd acquired a new position in shares of Avino Silver & Gold Mines in the third quarter worth approximately $100,000. 3.11% of the stock is currently owned by institutional investors.
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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