TD Asset Management Inc Makes New $909,000 Investment in Avino Silver & Gold Mines Ltd. $ASM

Key Points

• TD Asset Management acquired a new position of 173,286 shares of Avino Silver & Gold Mines (NYSE:ASM) in Q3, valued at approximately $909,000, representing roughly 0.11% ownership.
• Other institutional moves were larger: MIRAE Asset opened a ~$15.1M stake, Arrowstreet boosted holdings by 702.7% to ~3.07M shares, and total institutional ownership stands at about 3.11%.
• ASM has a market cap of $1.31B, a P/E of 391.7 and a 12‑month range of $1.26–$11.99; analysts rate it a "Moderate Buy" on average with a $9.50 target and recent upgrades (HC Wainwright to $12.50).

TD Asset Management Inc acquired a new position in shares of Avino Silver & Gold Mines Ltd. (NYSE:ASM - Free Report) in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 173,286 shares of the company's stock, valued at approximately $909,000. TD Asset Management Inc owned 0.11% of Avino Silver & Gold Mines as of its most recent SEC filing.

Other large investors also recently made changes to their positions in the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. acquired a new stake in Avino Silver & Gold Mines during the 2nd quarter worth approximately $15,116,000. Tidal Investments LLC increased its position in Avino Silver & Gold Mines by 11.6% during the 2nd quarter. Tidal Investments LLC now owns 3,709,669 shares of the company's stock worth $13,355,000 after buying an additional 385,245 shares during the period. Arrowstreet Capital Limited Partnership lifted its holdings in shares of Avino Silver & Gold Mines by 702.7% during the second quarter. Arrowstreet Capital Limited Partnership now owns 3,074,813 shares of the company's stock worth $11,069,000 after buying an additional 2,691,743 shares in the last quarter. Mackenzie Financial Corp bought a new stake in shares of Avino Silver & Gold Mines in the second quarter valued at about $6,194,000. Finally, Trek Financial LLC grew its stake in shares of Avino Silver & Gold Mines by 129.7% in the third quarter. Trek Financial LLC now owns 1,046,742 shares of the company's stock valued at $5,495,000 after acquiring an additional 591,121 shares in the last quarter. Institutional investors own 3.11% of the company's stock.

Avino Silver & Gold Mines Price Performance

ASM stock opened at $7.83 on Friday. The company's 50-day moving average price is $8.38 and its two-hundred day moving average price is $6.21. The firm has a market cap of $1.31 billion, a P/E ratio of 391.70 and a beta of 1.57. 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 12 month low of $1.26 and a 12 month high of $11.99.

Analyst Ratings Changes

A number of research firms recently commented on ASM. Roth Mkm raised their price target on shares of Avino Silver & Gold Mines from $5.50 to $7.25 and gave the stock a "neutral" rating in a research report on Friday, January 23rd. iA Financial set a $8.75 target price on shares of Avino Silver & Gold Mines in a report on Friday, January 23rd. HC Wainwright lifted their price target on shares of Avino Silver & Gold Mines from $7.40 to $12.50 and gave the company a "buy" rating in a research report on Friday, January 23rd. Alliance Global Partners reiterated a "buy" rating on shares of Avino Silver & Gold Mines in a research note on Friday, February 20th. Finally, Zacks Research downgraded Avino Silver & Gold Mines from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, November 19th. Two investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company's stock. Based on data from MarketBeat, Avino Silver & Gold Mines has an average rating of "Moderate Buy" and an average target price of $9.50.

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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