Avino Silver & Gold Mines (NYSE:ASM) Trading 3.2% Higher

Avino Silver & Gold Mines Ltd. (NYSE:ASM - Get Free Report) shares shot up 3.2% on Wednesday . The company traded as high as $0.92 and last traded at $0.90. 1,933,999 shares were traded during mid-day trading, an increase of 146% from the average session volume of 787,531 shares. The stock had previously closed at $0.87.

Wall Street Analysts Forecast Growth

A number of analysts have commented on ASM shares. HC Wainwright decreased their price objective on Avino Silver & Gold Mines from $1.60 to $1.50 and set a "buy" rating for the company in a report on Thursday, May 9th. StockNews.com upgraded shares of Avino Silver & Gold Mines from a "sell" rating to a "hold" rating in a research note on Friday, May 10th. 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, April 23rd.

Avino Silver & Gold Mines Stock Performance

The stock has a market capitalization of $119.72 million, a PE ratio of 16.38 and a beta of 2.02. The company has a current ratio of 1.77, a quick ratio of 1.11 and a debt-to-equity ratio of 0.01. The firm has a 50-day moving average price of $0.76 and a 200-day moving average price of $0.63.

Avino Silver & Gold Mines (NYSE:ASM - Get Free Report) last posted its quarterly earnings results on Wednesday, May 8th. The company reported $0.02 EPS for the quarter. Avino Silver & Gold Mines had a net margin of 3.21% and a return on equity of 5.39%. The company had revenue of $12.39 million for the quarter, compared to analysts' expectations of $10.70 million. As a group, equities analysts forecast that Avino Silver & Gold Mines Ltd. will post 0.04 EPS for the current fiscal year.

Hedge Funds Weigh In On Avino Silver & Gold Mines

A hedge fund recently bought a new stake in Avino Silver & Gold Mines stock. Rathbones Group PLC bought a new stake in shares of Avino Silver & Gold Mines Ltd. (NYSE:ASM - Free Report) during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 65,250 shares of the company's stock, valued at approximately $34,000. Rathbones Group PLC owned about 0.05% of Avino Silver & Gold Mines as of its most recent filing with the Securities and Exchange Commission. 3.11% of the stock is owned by institutional investors.

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.