Trek Financial LLC bought a new stake in Avino Silver & Gold Mines Ltd. (NYSE:ASM - Free Report) in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 721,451 shares of the company's stock, valued at approximately $1,327,000. Trek Financial LLC owned 0.51% of Avino Silver & Gold Mines at the end of the most recent quarter.
Several other hedge funds have also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. purchased a new position in Avino Silver & Gold Mines in the fourth quarter valued at $147,000. Captrust Financial Advisors acquired a new position in Avino Silver & Gold Mines in the fourth quarter valued at approximately $217,000. Millennium Management LLC acquired a new position in Avino Silver & Gold Mines in the fourth quarter valued at approximately $492,000. Bank of America Corp DE lifted its position in 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 acquiring an additional 571,163 shares during the last quarter. Finally, Two Sigma Investments LP purchased a new stake in Avino Silver & Gold Mines in the fourth quarter valued at $206,000. Institutional investors and hedge funds own 3.11% of the company's stock.
Analyst Ratings Changes
Several research analysts have commented on the company. HC Wainwright lifted their price target on Avino Silver & Gold Mines from $2.20 to $2.80 and gave the stock a "buy" rating in a research report on Thursday, May 15th. Roth Capital restated a "neutral" rating and set a $3.50 target price on shares of Avino Silver & Gold Mines in a research report on Tuesday, July 1st. Finally, Wall Street Zen lowered shares of Avino Silver & Gold Mines from a "buy" rating to a "hold" rating in a research report on Friday, May 16th. Two research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average target price of $2.58.
Read Our Latest Research Report on ASM
Avino Silver & Gold Mines Stock Up 8.2%
Shares of NYSE ASM traded up $0.32 during midday trading on Friday, reaching $4.22. 12,182,409 shares of the company's stock were exchanged, compared to its average volume of 2,600,359. The business's fifty day moving average price is $3.49 and its two-hundred day moving average price is $2.64. Avino Silver & Gold Mines Ltd. has a 52-week low of $0.83 and a 52-week high of $4.31. The stock has a market capitalization of $615.63 million, a PE ratio of 211.11 and a beta of 1.66. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.43 and a current ratio of 2.36.
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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