Avino Silver & Gold Mines Ltd. (NYSE:ASM) to Post Q2 2024 Earnings of $0.01 Per Share, Roth Capital Forecasts

Avino Silver & Gold Mines Ltd. (NYSE:ASM - Free Report) - Analysts at Roth Capital issued their Q2 2024 EPS estimates for Avino Silver & Gold Mines in a note issued to investors on Tuesday, April 23rd. Roth Capital analyst J. Reagor anticipates that the company will earn $0.01 per share for the quarter. The consensus estimate for Avino Silver & Gold Mines' current full-year earnings is $0.04 per share. Roth Capital also issued estimates for Avino Silver & Gold Mines' Q3 2024 earnings at $0.01 EPS, FY2024 earnings at $0.02 EPS and FY2025 earnings at $0.02 EPS.

A number of other research analysts have also recently commented on the stock. HC Wainwright upped their target price on shares of Avino Silver & Gold Mines from $1.50 to $1.60 and gave the company a "buy" rating in a research report on Thursday, April 18th. StockNews.com initiated coverage on shares of Avino Silver & Gold Mines in a research report on Friday, March 8th. They issued a "sell" rating on the stock. Finally, Roth Mkm reissued a "buy" rating and set a $1.10 price target on shares of Avino Silver & Gold Mines in a research report on Tuesday.

Avino Silver & Gold Mines Trading Up 5.6 %

NYSE ASM traded up $0.04 during trading hours on Thursday, reaching $0.75. The company had a trading volume of 615,000 shares, compared to its average volume of 734,280. The stock has a 50-day moving average of $0.72 and a 200 day moving average of $0.57. Avino Silver & Gold Mines has a 1-year low of $0.40 and a 1-year high of $0.92. The company has a current ratio of 1.70, a quick ratio of 1.07 and a debt-to-equity ratio of 0.02. The stock has a market capitalization of $98.06 million, a P/E ratio of 17.94 and a beta of 2.08.

Avino Silver & Gold Mines (NYSE:ASM - Get Free Report) last posted its earnings results on Wednesday, March 20th. The company reported $0.02 EPS for the quarter. Avino Silver & Gold Mines had a net margin of 1.23% and a return on equity of 4.53%. The company had revenue of $12.53 million for the quarter, compared to analysts' expectations of $9.50 million.

Institutional Trading of Avino Silver & Gold Mines

A hedge fund recently raised its stake in Avino Silver & Gold Mines stock. Perritt Capital Management Inc. boosted its position in Avino Silver & Gold Mines Ltd. (NYSE:ASM - Free Report) by 300.0% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 800,000 shares of the company's stock after acquiring an additional 600,000 shares during the quarter. Perritt Capital Management Inc. owned 0.62% of Avino Silver & Gold Mines worth $419,000 at the end of the most recent quarter. Hedge funds and other institutional investors own 3.11% of the company's stock.

Avino Silver & Gold Mines Company Profile

Avino Silver & Gold Mines Ltd., together with its subsidiaries, engages in the acquisition, exploration, and advancement of mineral properties in Canada. It primarily explores for silver, gold, and copper deposits. The company owns interests in 42 mineral claims and four leased mineral claims, including Avino mine area property comprising four exploration concessions covering 154.4 hectares, 24 exploitation concessions covering 1,284.7 hectares, and one leased exploitation concession covering 98.83 hectares; Gomez Palacio property consists of nine exploration concessions covering 2,549 hectares; and Unification La Platosa properties, which include three leased concessions located in the state of Durango, Mexico.