Trek Financial LLC Buys Shares of 721,451 Avino Silver & Gold Mines Ltd. (NYSE:ASM)

Trek Financial LLC purchased a new stake in shares of Avino Silver & Gold Mines Ltd. (NYSE:ASM - Free Report) during the 1st quarter, according to the company in its most recent filing with the SEC. The fund 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 SEC.

Other large investors have also added to or reduced their stakes in the company. JPMorgan Chase & Co. purchased a new stake in shares of Avino Silver & Gold Mines in the fourth quarter worth about $147,000. Captrust Financial Advisors purchased a new stake in shares of Avino Silver & Gold Mines in the fourth quarter worth about $217,000. Millennium Management LLC purchased a new stake in shares of Avino Silver & Gold Mines in the fourth quarter worth about $492,000. Bank of America Corp DE boosted 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 worth $503,000 after buying an additional 571,163 shares during the last quarter. Finally, Two Sigma Investments LP purchased a new stake in shares of Avino Silver & Gold Mines in the fourth quarter worth about $206,000. Hedge funds and other institutional investors own 3.11% of the company's stock.

Wall Street Analysts Forecast Growth

ASM has been the topic of a number of recent research reports. HC Wainwright upped their target price on 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. Wall Street Zen cut Avino Silver & Gold Mines from a "buy" rating to a "hold" rating in a report on Friday, May 16th. Finally, Roth Capital reaffirmed a "neutral" rating and issued a $3.50 price target on shares of Avino Silver & Gold Mines in a report on Tuesday, July 1st. Two investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company's stock. According to data from MarketBeat, Avino Silver & Gold Mines currently has an average rating of "Moderate Buy" and an average target price of $2.58.

Avino Silver & Gold Mines Price Performance

NYSE ASM traded up $0.32 during trading hours on Friday, reaching $4.22. The company's stock had a trading volume of 12,182,775 shares, compared to its average volume of 2,615,023. The firm has a market capitalization of $615.63 million, a price-to-earnings ratio of 211.11 and a beta of 1.66. Avino Silver & Gold Mines Ltd. has a 1-year low of $0.83 and a 1-year high of $4.31. The company has a debt-to-equity ratio of 0.01, a current ratio of 2.36 and a quick ratio of 1.43. The company's 50-day moving average is $3.53 and its two-hundred day moving average is $2.68.

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.