Avino Silver & Gold Mines Ltd. (NYSE:ASM - Get Free Report) shares traded up 30.9% during mid-day trading on Wednesday . The stock traded as high as $2.50 and last traded at $3.14. 2,684,288 shares traded hands during trading, an increase of 35% from the average session volume of 1,987,805 shares. The stock had previously closed at $2.40.
Analyst Upgrades and Downgrades
ASM has been the topic of several research reports. Wall Street Zen downgraded Avino Silver & Gold Mines from a "buy" rating to a "hold" rating in a research report on Friday, May 16th. HC Wainwright lifted their price objective on shares of Avino Silver & Gold Mines from $2.20 to $2.80 and gave the company a "buy" rating in a report on Thursday, May 15th.
Get Our Latest Stock Analysis on ASM
Avino Silver & Gold Mines Stock Performance
The stock has a market cap of $449.06 million, a price-to-earnings ratio of 158.58 and a beta of 1.69. The firm's 50-day moving average is $2.64 and its two-hundred day moving average is $2.01. The company has a current ratio of 2.36, a quick ratio of 1.43 and a debt-to-equity ratio of 0.01.
Institutional Inflows and Outflows
Several hedge funds have recently added to or reduced their stakes in ASM. Sprott Inc. lifted its position in Avino Silver & Gold Mines by 37.4% during the fourth quarter. Sprott Inc. now owns 251,400 shares of the company's stock worth $221,000 after buying an additional 68,400 shares in the last quarter. Prudential Financial Inc. acquired a new stake in shares of Avino Silver & Gold Mines during the fourth quarter worth about $80,000. JPMorgan Chase & Co. acquired a new stake in Avino Silver & Gold Mines during the 4th quarter worth approximately $147,000. Renaissance Technologies LLC boosted 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 purchasing an additional 1,485,910 shares during the period. Finally, Mariner LLC purchased a new position in shares of Avino Silver & Gold Mines in the 4th quarter valued at about $41,000. 3.11% of the stock is 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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