Avino Silver & Gold Mines Ltd. (NYSE:ASM - Get Free Report)'s share price was down 5.2% on Wednesday . The stock traded as low as $3.99 and last traded at $3.96. Approximately 1,082,043 shares were traded during mid-day trading, a decline of 70% from the average daily volume of 3,667,821 shares. The stock had previously closed at $4.17.
Wall Street Analyst Weigh In
Several brokerages have recently commented on ASM. Roth Capital restated a "neutral" rating and issued a $3.50 target price on shares of Avino Silver & Gold Mines in a research report on Tuesday, July 1st. HC Wainwright boosted their target price on shares of Avino Silver & Gold Mines from $2.20 to $2.80 and gave the company a "buy" rating in a research report on Thursday, May 15th. Finally, Wall Street Zen cut shares of Avino Silver & Gold Mines from a "buy" rating to a "hold" rating in a research report on Friday, May 16th. Two analysts have rated the stock with a hold rating and three have issued a buy rating to the company's stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $2.58.
Check Out Our Latest Research Report on ASM
Avino Silver & Gold Mines Stock Performance
The company has a market cap of $540.50 million, a P/E ratio of 185.34 and a beta of 1.66. The company has a current ratio of 2.36, a quick ratio of 1.43 and a debt-to-equity ratio of 0.01. The company has a 50 day moving average price of $3.59 and a 200-day moving average price of $2.72.
Institutional Investors Weigh In On Avino Silver & Gold Mines
Institutional investors have recently added to or reduced their stakes in the business. Prudential Financial Inc. bought a new stake in shares of Avino Silver & Gold Mines in the 4th quarter valued at $80,000. JPMorgan Chase & Co. bought a new stake in shares of Avino Silver & Gold Mines in the 4th quarter valued at $147,000. Renaissance Technologies LLC boosted its stake in shares of Avino Silver & Gold Mines by 382.0% in the 4th 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 last quarter. Mariner LLC bought a new stake in shares of Avino Silver & Gold Mines in the 4th quarter valued at $41,000. Finally, XTX Topco Ltd boosted its stake in shares of Avino Silver & Gold Mines by 83.3% in the 4th quarter. XTX Topco Ltd now owns 166,641 shares of the company's stock valued at $147,000 after purchasing an additional 75,750 shares during the last quarter. 3.11% of the stock is owned by institutional investors.
Avino Silver & Gold Mines Company Profile
(
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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