Avino Silver & Gold Mines Ltd. (NYSE:ASM - Get Free Report)'s stock price fell 5.6% on Tuesday . The stock traded as low as $3.54 and last traded at $3.49. 784,357 shares changed hands during mid-day trading, a decline of 69% from the average session volume of 2,490,230 shares. The stock had previously closed at $3.69.
Analysts Set New Price Targets
Several research firms have weighed in on ASM. Roth Capital reiterated a "neutral" rating and issued a $3.50 target price on shares of Avino Silver & Gold Mines in a report on Tuesday, July 1st. Wall Street Zen downgraded shares of Avino Silver & Gold Mines from a "buy" rating to a "hold" rating in a research note on Friday, May 16th. Finally, HC Wainwright boosted their price target on shares of Avino Silver & Gold Mines from $2.20 to $2.80 and gave the company a "buy" rating in a research note on Thursday, May 15th. Two equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $2.58.
Get Our Latest Analysis on ASM
Avino Silver & Gold Mines Stock Performance
The firm's fifty day moving average price is $3.49 and its 200-day moving average price is $2.64. 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 firm has a market cap of $617.81 million, a price-to-earnings ratio of 212.86 and a beta of 1.66.
Hedge Funds Weigh In On Avino Silver & Gold Mines
A number of large investors have recently bought and sold shares of the company. Renaissance Technologies LLC raised its position in Avino Silver & Gold Mines by 382.0% during the 4th quarter. Renaissance Technologies LLC now owns 1,874,867 shares of the company's stock worth $1,652,000 after buying an additional 1,485,910 shares during the last quarter. Trek Financial LLC purchased a new position in shares of Avino Silver & Gold Mines in the 1st quarter valued at about $1,327,000. Bank of America Corp DE increased its holdings in shares of Avino Silver & Gold Mines by 184,842.4% in the 4th quarter. Bank of America Corp DE now owns 571,472 shares of the company's stock valued at $503,000 after purchasing an additional 571,163 shares in the last quarter. Millennium Management LLC purchased a new position in Avino Silver & Gold Mines during the 4th quarter valued at about $492,000. Finally, Jane Street Group LLC increased its holdings in Avino Silver & Gold Mines by 920.2% during the 4th quarter. Jane Street Group LLC now owns 399,750 shares of the company's stock valued at $352,000 after acquiring an additional 360,566 shares in the last quarter. Hedge funds and other institutional investors own 3.11% of the company's stock.
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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