Avino Silver & Gold Mines Ltd. (NYSE:ASM - Get Free Report) shot up 3.9% on Monday . The stock traded as high as $3.63 and last traded at $3.64. 2,296,454 shares traded hands during mid-day trading, a decline of 34% from the average session volume of 3,473,932 shares. The stock had previously closed at $3.50.
Wall Street Analysts Forecast Growth
Several brokerages 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 report on Friday, May 16th. HC Wainwright increased 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. Finally, Roth Capital restated a "neutral" rating and issued a $3.50 price objective on shares of Avino Silver & Gold Mines in a report on Tuesday, July 1st. Two analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average target price of $2.58.
View Our Latest Analysis on Avino Silver & Gold Mines
Avino Silver & Gold Mines Price Performance
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 $509.42 million, a P/E ratio of 175.59 and a beta of 1.66. The company's 50 day simple moving average is $3.47 and its 200 day simple moving average is $2.62.
Institutional Investors Weigh In On Avino Silver & Gold Mines
Several large investors have recently made changes to their positions in ASM. Renaissance Technologies LLC increased its position in shares of Avino Silver & Gold Mines by 382.0% during the fourth quarter. Renaissance Technologies LLC now owns 1,874,867 shares of the company's stock worth $1,652,000 after acquiring an additional 1,485,910 shares in the last quarter. Trek Financial LLC bought a new stake in shares of Avino Silver & Gold Mines during the first quarter worth $1,327,000. Bank of America Corp DE increased its position in shares of Avino Silver & Gold Mines by 184,842.4% during the fourth quarter. Bank of America Corp DE now owns 571,472 shares of the company's stock worth $503,000 after acquiring an additional 571,163 shares in the last quarter. Millennium Management LLC bought a new stake in shares of Avino Silver & Gold Mines during the fourth quarter worth $492,000. Finally, Acadian Asset Management LLC bought a new stake in shares of Avino Silver & Gold Mines during the first quarter worth $669,000. 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.
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