314,900 Shares in Avino Silver & Gold Mines Ltd. $ASM Purchased by Renaissance Technologies LLC

Key Points

• Renaissance Technologies purchased 314,900 shares of Avino Silver & Gold Mines in the first quarter, valued at approximately $1.99 million and representing a 0.19% stake.
• Several other institutional investors also initiated or expanded positions, though institutional and hedge-fund ownership remains relatively low at 3.11%.
• ASM shares opened at $7.38, while analysts maintained an overall “Moderate Buy” rating with an average price target of $8.50; recent targets ranged from $6.50 to $10.25.

Renaissance Technologies LLC bought a new stake in shares of Avino Silver & Gold Mines Ltd. (NYSE:ASM - Free Report) in the first quarter, according to its most recent Form 13F filing with the SEC. The fund bought 314,900 shares of the company's stock, valued at approximately $1,990,000. Renaissance Technologies LLC owned 0.19% of Avino Silver & Gold Mines as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in the company. PNC Financial Services Group Inc. acquired a new position in shares of Avino Silver & Gold Mines during the first quarter worth approximately $29,000. Harbor Investment Advisory LLC acquired a new stake in Avino Silver & Gold Mines in the 1st quarter valued at approximately $44,000. Banque Cantonale Vaudoise bought a new stake in Avino Silver & Gold Mines during the 4th quarter valued at $44,000. Euro Pacific Asset Management LLC bought a new stake in Avino Silver & Gold Mines during the 1st quarter valued at $63,000. Finally, Caitong International Asset Management Co. Ltd boosted its position in Avino Silver & Gold Mines by 387.0% during the 4th quarter. Caitong International Asset Management Co. Ltd now owns 10,246 shares of the company's stock worth $64,000 after acquiring an additional 8,142 shares during the period. Institutional investors and hedge funds own 3.11% of the company's stock.

Avino Silver & Gold Mines Trading Up 1.0%

Avino Silver & Gold Mines stock opened at $7.38 on Wednesday. The firm has a 50 day simple moving average of $6.13 and a 200-day simple moving average of $7.18. 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 capitalization of $1.25 billion, a PE ratio of 369.18 and a beta of 1.76. Avino Silver & Gold Mines Ltd. has a 12-month low of $3.66 and a 12-month high of $11.99.

Analyst Ratings Changes

Several research analysts have recently issued reports on the company. Roth Capital decreased their price target on Avino Silver & Gold Mines from $8.00 to $6.50 and set a "neutral" rating for the company in a research note on Thursday, July 23rd. HC Wainwright cut their price objective on shares of Avino Silver & Gold Mines from $13.00 to $10.25 and set a "buy" rating on the stock in a research note on Wednesday, July 22nd. Two equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to MarketBeat.com, Avino Silver & Gold Mines presently has an average rating of "Moderate Buy" and an average target price of $8.50.

Avino Silver & Gold Mines Profile

Avino Silver & Gold Mines Ltd. is a Vancouver-based precious metals producer and explorer focused on the mining of silver, gold and copper. The company's flagship asset is the 100%-owned Avino Mine, situated near the historic town of Avino in the state of Durango, Mexico. Avino's operations encompass underground and open‐pit mining, milling and tailings reprocessing, delivering a diversified metal output. In addition to silver and gold production, the Avino Mine yields significant copper by-product credits, enhancing overall project economics.

Beyond its core Mexican operations, Avino holds interests in several exploration and development properties across North America.

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