Baader Bank Aktiengesellschaft Buys New Holdings in Avino Silver & Gold Mines Ltd. (NYSE:ASM)

Key Points

• Baader Bank Aktiengesellschaft acquired a new position in Avino Silver & Gold Mines Ltd. during Q1, purchasing 169,436 shares valued at approximately $292,000.
• Several institutional investors, including Mariner LLC and JPMorgan Chase & Co., have recently increased their stakes in Avino Silver & Gold Mines, bringing the total institutional ownership to 3.11%.
• Wall Street analysts have a consensus rating of "Moderate Buy" for Avino Silver & Gold Mines, with average price targets ranging from $2.58 to $3.50.

Baader Bank Aktiengesellschaft acquired a new position in Avino Silver & Gold Mines Ltd. (NYSE:ASM - Free Report) during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 169,436 shares of the company's stock, valued at approximately $292,000. Baader Bank Aktiengesellschaft owned approximately 0.12% of Avino Silver & Gold Mines at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in ASM. Mariner LLC acquired a new stake in shares of Avino Silver & Gold Mines in the 4th quarter worth $41,000. Two Sigma Advisers LP acquired a new stake in shares of Avino Silver & Gold Mines during the fourth quarter worth about $67,000. Prudential Financial Inc. purchased a new position in shares of Avino Silver & Gold Mines in the 4th quarter valued at about $80,000. JPMorgan Chase & Co. acquired a new stake in shares of Avino Silver & Gold Mines during the 4th quarter worth about $147,000. Finally, XTX Topco Ltd raised its position in shares of Avino Silver & Gold Mines by 83.3% during the 4th quarter. XTX Topco Ltd now owns 166,641 shares of the company's stock worth $147,000 after acquiring an additional 75,750 shares in the last quarter. Hedge funds and other institutional investors own 3.11% of the company's stock.

Avino Silver & Gold Mines Stock Up 0.3%

ASM opened at $3.19 on Friday. The business's fifty day moving average is $3.59 and its two-hundred day moving average is $2.85. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.43 and a current ratio of 2.36. The company has a market cap of $465.37 million, a price-to-earnings ratio of 159.58 and a beta of 1.66. Avino Silver & Gold Mines Ltd. has a one year low of $0.83 and a one year high of $4.41.

Wall Street Analysts Forecast Growth

Several research analysts have commented on ASM shares. Roth Capital reaffirmed a "neutral" rating and set a $3.50 price target on shares of Avino Silver & Gold Mines in a research report on Tuesday, July 1st. Wall Street Zen lowered Avino Silver & Gold Mines from a "buy" rating to a "hold" rating in a report on Friday, May 16th. Finally, HC Wainwright boosted their target price on Avino Silver & Gold Mines from $2.20 to $2.80 and gave the company a "buy" rating in a report on Thursday, May 15th. Two research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. Based on data from MarketBeat, Avino Silver & Gold Mines presently has a consensus rating of "Moderate Buy" and a consensus price target of $2.58.

Avino Silver & Gold Mines 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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