JPMorgan Chase & Co. acquired a new position in shares of Avino Silver & Gold Mines Ltd. (NYSE:ASM - Free Report) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 166,591 shares of the company's stock, valued at approximately $147,000. JPMorgan Chase & Co. owned 0.12% of Avino Silver & Gold Mines at the end of the most recent reporting period.
Other hedge funds have also modified their holdings of the company. Jane Street Group LLC increased its position in shares of Avino Silver & Gold Mines by 276.3% in the third quarter. Jane Street Group LLC now owns 39,184 shares of the company's stock valued at $43,000 after acquiring an additional 28,771 shares during the last quarter. Prudential Financial Inc. acquired a new position in shares of Avino Silver & Gold Mines during the 4th quarter worth approximately $80,000. Finally, Sprott Inc. raised its stake in shares of 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 purchasing an additional 68,400 shares in the last quarter. 3.11% of the stock is currently owned by institutional investors.
Analysts Set New Price Targets
Several equities analysts recently weighed in on ASM shares. StockNews.com cut shares of Avino Silver & Gold Mines from a "buy" rating to a "hold" rating in a research note on Wednesday. HC Wainwright reissued a "buy" rating and issued a $2.20 price objective on shares of Avino Silver & Gold Mines in a research report on Thursday, April 17th.
Get Our Latest Research Report on ASM
Avino Silver & Gold Mines Stock Performance
Shares of NYSE ASM traded up $0.14 during midday trading on Friday, hitting $2.56. 2,155,599 shares of the company's stock were exchanged, compared to its average volume of 2,657,233. Avino Silver & Gold Mines Ltd. has a 12 month low of $0.80 and a 12 month high of $2.58. The company's 50 day moving average price is $2.04 and its 200 day moving average price is $1.69. The company has a quick ratio of 1.43, a current ratio of 2.36 and a debt-to-equity ratio of 0.01. The firm has a market capitalization of $362.65 million, a PE ratio of 128.06 and a beta of 1.69.
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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