U S Global Investors Inc. bought a new position in Avino Silver & Gold Mines Ltd. (NYSE:ASM - Free Report) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 1,065,432 shares of the company's stock, valued at approximately $3,836,000. U S Global Investors Inc. owned about 0.73% of Avino Silver & Gold Mines at the end of the most recent reporting period.
Other hedge funds also recently bought and sold shares of the company. Pinion Investment Advisors LLC acquired a new position in Avino Silver & Gold Mines in the 2nd quarter worth about $41,000. Dynamic Technology Lab Private Ltd increased its position in Avino Silver & Gold Mines by 18.5% in the 1st quarter. Dynamic Technology Lab Private Ltd now owns 31,452 shares of the company's stock worth $58,000 after purchasing an additional 4,904 shares during the last quarter. Northwest & Ethical Investments L.P. acquired a new position in Avino Silver & Gold Mines in the 1st quarter worth about $118,000. Cubist Systematic Strategies LLC bought a new stake in shares of Avino Silver & Gold Mines during the 1st quarter worth about $134,000. Finally, Alps Advisors Inc. boosted its stake in shares of Avino Silver & Gold Mines by 70.3% during the 1st quarter. Alps Advisors Inc. now owns 92,088 shares of the company's stock worth $169,000 after acquiring an additional 38,002 shares in the last quarter. 3.11% of the stock is owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
ASM has been the subject of several analyst reports. Roth Capital set a $5.00 target price on Avino Silver & Gold Mines and gave the stock a "neutral" rating in a report on Friday, October 3rd. Zacks Research cut Avino Silver & Gold Mines from a "strong-buy" rating to a "hold" rating in a research report on Monday, September 22nd. Finally, HC Wainwright reaffirmed a "buy" rating and set a $4.80 target price on shares of Avino Silver & Gold Mines in a research report on Thursday, August 14th. Three investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat, Avino Silver & Gold Mines presently has a consensus rating of "Moderate Buy" and a consensus price target of $3.45.
Read Our Latest Stock Analysis on Avino Silver & Gold Mines
Avino Silver & Gold Mines Price Performance
Shares of NYSE:ASM opened at $5.03 on Friday. The business has a 50 day moving average price of $4.42 and a 200 day moving average price of $3.71. Avino Silver & Gold Mines Ltd. has a twelve month low of $0.85 and a twelve month high of $5.64. The company has a market cap of $759.85 million, a price-to-earnings ratio of 251.63 and a beta of 1.58. The company has a quick ratio of 1.43, a current ratio of 2.36 and a debt-to-equity ratio of 0.01.
About Avino Silver & Gold Mines
(
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.
See Also
Want to see what other hedge funds are holding ASM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Avino Silver & Gold Mines Ltd. (NYSE:ASM - Free Report).
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