Avino Silver & Gold Mines Ltd. $ASM Stock Position Raised by Goldman Sachs Group Inc.

Goldman Sachs Group Inc. lifted its position in Avino Silver & Gold Mines Ltd. (NYSE:ASM - Free Report) by 208.7% in the 1st quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 209,440 shares of the company's stock after acquiring an additional 141,594 shares during the quarter. Goldman Sachs Group Inc. owned approximately 0.14% of Avino Silver & Gold Mines worth $385,000 as of its most recent filing with the SEC.

Other hedge funds have also made changes to their positions in the company. Dynamic Technology Lab Private Ltd lifted its position in shares of Avino Silver & Gold Mines by 18.5% in the 1st quarter. Dynamic Technology Lab Private Ltd now owns 31,452 shares of the company's stock valued at $58,000 after acquiring an additional 4,904 shares in the last quarter. Northwest & Ethical Investments L.P. acquired a new stake in shares of Avino Silver & Gold Mines during the 1st quarter valued at $118,000. Cubist Systematic Strategies LLC acquired a new stake in shares of Avino Silver & Gold Mines during the 1st quarter valued at $134,000. Two Sigma Advisers LP purchased a new position in shares of Avino Silver & Gold Mines during the 4th quarter valued at $67,000. Finally, Alps Advisors Inc. grew its holdings in shares of Avino Silver & Gold Mines by 70.3% during the 1st 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 in the last quarter. Hedge funds and other institutional investors own 3.11% of the company's stock.

Wall Street Analyst Weigh In

Several equities analysts have recently commented on ASM shares. Roth Capital boosted their price target on shares of Avino Silver & Gold Mines from $3.50 to $3.60 and gave the company a "neutral" rating in a report on Friday, August 15th. HC Wainwright restated a "buy" rating and set a $4.80 price target on shares of Avino Silver & Gold Mines in a report on Thursday, August 14th. Finally, Zacks Research cut shares of Avino Silver & Gold Mines from a "strong-buy" rating to a "hold" rating in a report on Monday, September 22nd. Three research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat.com, Avino Silver & Gold Mines currently has an average rating of "Moderate Buy" and an average price target of $3.10.

Avino Silver & Gold Mines Stock Up 6.5%

Avino Silver & Gold Mines stock opened at $5.11 on Friday. The company has a market capitalization of $771.93 million, a P/E ratio of 255.63 and a beta of 1.61. The firm's fifty day simple moving average is $4.05 and its 200-day simple moving average is $3.52. The company has a current ratio of 2.36, a quick ratio of 1.43 and a debt-to-equity ratio of 0.01. Avino Silver & Gold Mines Ltd. has a 1-year low of $0.85 and a 1-year high of $5.29.

Avino Silver & Gold Mines Company Profile

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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