721,451 Shares in Avino Silver & Gold Mines Ltd. (NYSE:ASM) Acquired by Trek Financial LLC

Trek Financial LLC purchased a new stake in Avino Silver & Gold Mines Ltd. (NYSE:ASM - Free Report) during the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm purchased 721,451 shares of the company's stock, valued at approximately $1,327,000. Trek Financial LLC owned about 0.51% of Avino Silver & Gold Mines as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently made changes to their positions in the business. Mariner LLC acquired a new stake in Avino Silver & Gold Mines during the fourth quarter worth about $41,000. Two Sigma Advisers LP acquired a new stake in Avino Silver & Gold Mines during the fourth quarter valued at approximately $67,000. Prudential Financial Inc. acquired a new stake in Avino Silver & Gold Mines during the fourth quarter valued at approximately $80,000. JPMorgan Chase & Co. acquired a new stake in Avino Silver & Gold Mines during the fourth quarter valued at approximately $147,000. Finally, XTX Topco Ltd boosted its holdings in Avino Silver & Gold Mines by 83.3% during the fourth quarter. XTX Topco Ltd now owns 166,641 shares of the company's stock valued at $147,000 after purchasing an additional 75,750 shares in the last quarter. 3.11% of the stock is owned by institutional investors and hedge funds.

Avino Silver & Gold Mines Stock Performance

Avino Silver & Gold Mines stock traded down $0.03 during trading hours on Thursday, hitting $3.79. The company had a trading volume of 1,993,834 shares, compared to its average volume of 2,542,416. The firm has a market cap of $549.33 million, a PE ratio of 190.35 and a beta of 1.66. The company has a debt-to-equity ratio of 0.01, a current ratio of 2.36 and a quick ratio of 1.43. Avino Silver & Gold Mines Ltd. has a one year low of $0.83 and a one year high of $3.85. The firm has a 50-day moving average of $3.48 and a 200 day moving average of $2.63.

Analysts Set New Price Targets

A number of research firms have weighed in on ASM. Roth Capital reaffirmed a "neutral" rating and set a $3.50 price objective on shares of Avino Silver & Gold Mines in a report on Tuesday, July 1st. HC Wainwright lifted their price objective 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. Finally, Wall Street Zen downgraded Avino Silver & Gold Mines from a "buy" rating to a "hold" rating in a report on Friday, May 16th. Two investment analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus target price 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.