Tidal Investments LLC lessened its holdings in Avino Silver & Gold Mines Ltd. (NYSE:ASM - Free Report) by 55.6% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 3,061,192 shares of the company's stock after selling 3,839,032 shares during the period. Tidal Investments LLC owned about 2.18% of Avino Silver & Gold Mines worth $2,697,000 as of its most recent SEC filing.
A number of other hedge funds have also made changes to their positions in the business. Mariner LLC purchased a new stake in Avino Silver & Gold Mines during the 4th quarter worth $41,000. Sprott Inc. increased its stake in Avino Silver & Gold Mines by 37.4% during the 4th quarter. Sprott Inc. now owns 251,400 shares of the company's stock worth $221,000 after buying an additional 68,400 shares during the period. XTX Topco Ltd increased its stake in 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 buying an additional 75,750 shares during the period. Prudential Financial Inc. purchased a new stake in Avino Silver & Gold Mines during the 4th quarter worth $80,000. Finally, JPMorgan Chase & Co. purchased a new stake in Avino Silver & Gold Mines during the 4th quarter worth $147,000. Hedge funds and other institutional investors own 3.11% of the company's stock.
Wall Street Analyst Weigh In
ASM has been the topic of several analyst reports. Wall Street Zen downgraded shares of Avino Silver & Gold Mines from a "buy" rating to a "hold" rating in a research note on Friday, May 16th. HC Wainwright lifted their price target on shares of Avino Silver & Gold Mines from $2.20 to $2.80 and gave the stock a "buy" rating in a research note on Thursday, May 15th.
Get Our Latest Stock Analysis on Avino Silver & Gold Mines
Avino Silver & Gold Mines Stock Up 3.1%
ASM stock traded up $0.10 during mid-day trading on Tuesday, hitting $3.16. 1,962,158 shares of the company were exchanged, compared to its average volume of 2,883,829. The company has a market capitalization of $446.93 million, a PE ratio of 157.83 and a beta of 1.69. 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 twelve month low of $0.83 and a twelve month high of $3.22. The firm has a fifty day simple moving average of $2.46 and a 200 day simple moving average of $1.91.
Avino Silver & Gold Mines Profile
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Free Report)
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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