Avino Silver & Gold Mines Ltd. (NYSE:ASM - Get Free Report)'s stock price traded up 68.6% during trading on Wednesday . The stock traded as high as $1.73 and last traded at $2.46. 3,863,734 shares traded hands during mid-day trading, an increase of 111% from the average session volume of 1,834,162 shares. The stock had previously closed at $1.46.
Wall Street Analysts Forecast Growth
Several research analysts have commented on the stock. StockNews.com downgraded shares of Avino Silver & Gold Mines from a "buy" rating to a "hold" rating in a report on Wednesday, May 7th. HC Wainwright restated a "buy" rating and set a $2.20 price objective on shares of Avino Silver & Gold Mines in a research report on Thursday, April 17th.
Read Our Latest Stock 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 firm has a market capitalization of $345.65 million, a P/E ratio of 122.06 and a beta of 1.69. The firm's 50 day simple moving average is $2.12 and its two-hundred day simple moving average is $1.72.
Hedge Funds Weigh In On Avino Silver & Gold Mines
Several hedge funds and other institutional investors have recently modified their holdings of the company. Baader Bank Aktiengesellschaft bought a new position in shares of Avino Silver & Gold Mines during the first quarter valued at about $292,000. Alps Advisors Inc. raised its stake in shares of Avino Silver & Gold Mines by 70.3% during the first quarter. Alps Advisors Inc. now owns 92,088 shares of the company's stock valued at $169,000 after acquiring an additional 38,002 shares during the last quarter. Trek Financial LLC bought a new position in shares of Avino Silver & Gold Mines during the first quarter valued at about $1,327,000. Cambridge Investment Research Advisors Inc. raised its stake in shares of Avino Silver & Gold Mines by 12.5% during the first quarter. Cambridge Investment Research Advisors Inc. now owns 187,789 shares of the company's stock valued at $346,000 after acquiring an additional 20,900 shares during the last quarter. Finally, Two Sigma Advisers LP bought a new position in shares of Avino Silver & Gold Mines during the fourth quarter valued at about $67,000. 3.11% of the stock is owned by institutional investors.
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.
Further Reading
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