HC Wainwright Raises Avino Silver & Gold Mines (NYSE:ASM) Price Target to $1.60

Avino Silver & Gold Mines (NYSE:ASM - Free Report) had its price objective lifted by HC Wainwright from $1.50 to $1.60 in a report released on Thursday morning, Benzinga reports. They currently have a buy rating on the stock.

Separately, StockNews.com initiated coverage on Avino Silver & Gold Mines in a report on Friday, March 8th. They issued a sell rating on the stock.

Avino Silver & Gold Mines Trading Down 1.7 %

Shares of NYSE:ASM traded down $0.01 during midday trading on Thursday, reaching $0.74. The company's stock had a trading volume of 420,100 shares, compared to its average volume of 740,043. The firm has a market cap of $95.95 million, a price-to-earnings ratio of 18.85 and a beta of 2.08. The company has a quick ratio of 1.07, a current ratio of 1.70 and a debt-to-equity ratio of 0.02. Avino Silver & Gold Mines has a 1 year low of $0.40 and a 1 year high of $0.95. The business has a 50 day moving average price of $0.69 and a 200 day moving average price of $0.55.

Avino Silver & Gold Mines (NYSE:ASM - Get Free Report) last announced its quarterly earnings data on Wednesday, March 20th. The company reported $0.02 EPS for the quarter. The business had revenue of $12.53 million during the quarter, compared to the consensus estimate of $9.50 million. Avino Silver & Gold Mines had a return on equity of 4.53% and a net margin of 1.23%. Research analysts forecast that Avino Silver & Gold Mines will post 0.03 EPS for the current year.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the stock. LPL Financial LLC acquired a new position in shares of Avino Silver & Gold Mines during the third quarter worth about $25,000. Rathbones Group PLC acquired a new position in shares of Avino Silver & Gold Mines during the third quarter worth about $34,000. Millennium Management LLC acquired a new position in shares of Avino Silver & Gold Mines during the second quarter worth about $37,000. Citadel Advisors LLC purchased a new stake in shares of Avino Silver & Gold Mines during the fourth quarter worth about $47,000. Finally, Jane Street Group LLC increased its position in shares of Avino Silver & Gold Mines by 378.3% during the first quarter. Jane Street Group LLC now owns 57,470 shares of the company's stock worth $51,000 after acquiring an additional 45,454 shares during the last quarter. Institutional investors and hedge funds own 3.11% of the company's stock.

About Avino Silver & Gold Mines

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.