Caisse de depot et placement du Quebec Invests $1.01 Million in Avino Silver & Gold Mines Ltd. $ASM

Key Points

• Caisse de dépôt et placement du Québec acquired 159,423 Avino Silver & Gold Mines shares in the second quarter, valued at approximately $1.01 million and representing a 0.09% stake.
• Other institutional investors also initiated or increased positions, though hedge funds and institutions collectively own only 3.11% of the company.
• Avino shares opened at $7.47, while analysts maintain a “Moderate Buy” consensus with an average price target of $8.92; recent targets range from $7.50 to $10.50.

Caisse de depot et placement du Quebec bought a new position in Avino Silver & Gold Mines Ltd. (NYSE:ASM - Free Report) during the second quarter, according to its most recent disclosure with the SEC. The firm bought 159,423 shares of the company's stock, valued at approximately $1,010,000. Caisse de depot et placement du Quebec owned 0.09% of Avino Silver & Gold Mines as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently bought and sold shares of the company. PNC Financial Services Group Inc. bought a new stake in Avino Silver & Gold Mines during the first quarter valued at about $29,000. Harbor Investment Advisory LLC bought a new position in shares of Avino Silver & Gold Mines in the first quarter worth about $44,000. Banque Cantonale Vaudoise bought a new position in shares of Avino Silver & Gold Mines in the fourth quarter worth about $44,000. Euro Pacific Asset Management LLC purchased a new position in shares of Avino Silver & Gold Mines during the 1st quarter valued at about $63,000. Finally, Caitong International Asset Management Co. Ltd lifted its position in shares of 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 valued at $64,000 after buying an additional 8,142 shares in the last quarter. 3.11% of the stock is currently owned by hedge funds and other institutional investors.

Avino Silver & Gold Mines Stock Performance

Shares of Avino Silver & Gold Mines stock opened at $7.47 on Monday. Avino Silver & Gold Mines Ltd. has a fifty-two week low of $4.00 and a fifty-two week high of $11.99. 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 capitalization of $1.27 billion, a P/E ratio of 373.69 and a beta of 1.76. The company has a fifty day moving average of $6.38 and a 200 day moving average of $6.94.

Analyst Ratings Changes

ASM has been the subject of several analyst reports. HC Wainwright increased their target price on shares of Avino Silver & Gold Mines from $10.25 to $10.50 and gave the stock a "buy" rating in a report on Thursday, August 13th. Roth Capital lifted their price target on shares of Avino Silver & Gold Mines from $7.00 to $7.50 and gave the company a "neutral" rating in a report on Tuesday, August 25th. Two equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat, Avino Silver & Gold Mines presently has an average rating of "Moderate Buy" and a consensus target price of $8.92.

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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