Avino Silver & Gold Mines (TSE:ASM) Trading Down 13.6% - Should You Sell?

Key Points

• Shares plunged ~13.6% intraday to C$7.48 on Thursday with about 1.01M shares traded (slightly below average), leaving the stock below both its 50‑day (C$11.70) and 200‑day (C$8.82) moving averages.
• Mixed fundamentals: the company reported C$0.14 EPS and a 30.4% net margin with ROE of 15.48%, but carries a high P/E (~53.4) and a debt‑to‑equity ratio of 2.57 on a C$1.17B market cap.
• Insider selling noted: an insider sold 10,000 shares at C$12.40 in February, and corporate insiders now own about 1.94% of the stock.

Avino Silver & Gold Mines Ltd. (TSE:ASM - Get Free Report)'s share price dropped 13.6% during mid-day trading on Thursday . The stock traded as low as C$7.10 and last traded at C$7.48. Approximately 1,011,496 shares traded hands during trading, a decline of 5% from the average daily volume of 1,063,876 shares. The stock had previously closed at C$8.66.

Avino Silver & Gold Mines Stock Down 13.7%

The company has a current ratio of 4.06, a quick ratio of 1.29 and a debt-to-equity ratio of 2.57. The firm has a market cap of C$1.17 billion, a PE ratio of 53.36 and a beta of 2.56. The business's 50-day simple moving average is C$11.70 and its 200 day simple moving average is C$8.82.

Avino Silver & Gold Mines (TSE:ASM - Get Free Report) last released its quarterly earnings data on Tuesday, March 10th. The company reported C$0.14 earnings per share (EPS) for the quarter. The firm had revenue of C$40.70 million for the quarter. Avino Silver & Gold Mines had a net margin of 30.42% and a return on equity of 15.48%. As a group, equities research analysts expect that Avino Silver & Gold Mines Ltd. will post 0.0949153 earnings per share for the current year.

Insiders Place Their Bets

In other Avino Silver & Gold Mines news, insider Jose Carlos Rodriguez Moreno sold 10,000 shares of the stock in a transaction on Monday, February 2nd. The stock was sold at an average price of C$12.40, for a total transaction of C$124,000.00. Following the sale, the insider owned 2,396,996 shares of the company's stock, valued at approximately C$29,722,750.40. This trade represents a 0.42% decrease in their position. 1.94% of the stock is currently owned by corporate insiders.

About Avino Silver & Gold Mines

Avino is a silver producer from its wholly owned Avino Mine near Durango, Mexico. The Company's silver, gold and copper production remains unhedged. The Company intends to maintain long-term sustainable and profitable mining operations to reward shareholders and the community alike through our growth at the historic Avino Property and the strategic acquisition of the adjacent La Preciosa which was finalized in Q1 2022. Early in 2024, the Pre-feasibility Study on the Oxide Tailings Project was completed.

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