Millennium Management LLC Makes New Investment in Avino Silver & Gold Mines Ltd. (NYSE:ASM)

Millennium Management LLC purchased a new stake in Avino Silver & Gold Mines Ltd. (NYSE:ASM - Free Report) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 558,598 shares of the company's stock, valued at approximately $492,000. Millennium Management LLC owned 0.40% of Avino Silver & Gold Mines at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in ASM. Renaissance Technologies LLC increased its stake in shares of Avino Silver & Gold Mines by 382.0% in the 4th quarter. Renaissance Technologies LLC now owns 1,874,867 shares of the company's stock valued at $1,652,000 after purchasing an additional 1,485,910 shares during the last quarter. Bank of America Corp DE increased its stake in shares of Avino Silver & Gold Mines by 184,842.4% in the fourth quarter. Bank of America Corp DE now owns 571,472 shares of the company's stock valued at $503,000 after buying an additional 571,163 shares during the period. Jane Street Group LLC lifted its position in shares of Avino Silver & Gold Mines by 920.2% in the 4th quarter. Jane Street Group LLC now owns 399,750 shares of the company's stock worth $352,000 after purchasing an additional 360,566 shares during the period. Captrust Financial Advisors acquired a new position in Avino Silver & Gold Mines in the fourth quarter valued at $217,000. Finally, JPMorgan Chase & Co. bought a new position in shares of Avino Silver & Gold Mines during the 4th quarter worth approximately $147,000. 3.11% of the stock is owned by institutional investors and hedge funds.

Avino Silver & Gold Mines Stock Up 6.6%

ASM traded up $0.23 during trading on Thursday, hitting $3.71. 9,339,057 shares of the company's stock were exchanged, compared to its average volume of 2,192,673. The stock has a market cap of $538.44 million, a P/E ratio of 185.59 and a beta of 1.66. The company has a quick ratio of 1.43, a current ratio of 2.36 and a debt-to-equity ratio of 0.01. Avino Silver & Gold Mines Ltd. has a fifty-two week low of $0.83 and a fifty-two week high of $3.74. The business's 50 day moving average is $3.03 and its two-hundred day moving average is $2.25.

Analyst Ratings Changes

ASM has been the topic of several research reports. Wall Street Zen lowered shares of Avino Silver & Gold Mines from a "buy" rating to a "hold" rating in a report on Friday, May 16th. 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 research report on Thursday, May 15th.

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.