Roth Capital Issues Optimistic Estimate for ASM Earnings

Key Points

• Roth Capital revised its earnings per share (EPS) estimate for Avino Silver & Gold Mines Ltd. to $0.21 for FY2025, up from a previous estimate of $0.18.
• A number of analysts have varying ratings on the stock, with Roth maintaining a "Neutral" rating and a price target of $5.00, while Zacks Research downgraded it from "strong-buy" to "hold".
• Institutional investors have shown increased interest, with Bank of America Corp DE significantly increasing its stake by 610.3% in the second quarter.

Avino Silver & Gold Mines Ltd. (NYSE:ASM - Free Report) - Investment analysts at Roth Capital increased their FY2025 EPS estimates for shares of Avino Silver & Gold Mines in a research note issued on Friday, October 3rd. Roth Capital analyst J. Reagor now anticipates that the company will post earnings per share of $0.21 for the year, up from their previous forecast of $0.18. Roth Capital has a "Neutral" rating and a $5.00 price objective on the stock. 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' Q4 2025 earnings at $0.05 EPS.

A number of other equities research analysts also recently weighed in on ASM. Zacks Research lowered Avino Silver & Gold Mines from a "strong-buy" rating to a "hold" rating in a research report on Monday, September 22nd. HC Wainwright reiterated a "buy" rating and set a $4.80 target price on shares of Avino Silver & Gold Mines in a research note on Thursday, August 14th. Three analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average target price of $3.45.

Avino Silver & Gold Mines Stock Performance

Shares of ASM stock opened at $5.45 on Monday. The stock has a market capitalization of $823.29 million, a price-to-earnings ratio of 272.64 and a beta of 1.58. Avino Silver & Gold Mines has a one year low of $0.85 and a one year high of $5.59. The company's 50-day simple moving average is $4.22 and its 200-day simple moving average is $3.63. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.43 and a current ratio of 2.36.

Hedge Funds Weigh In On Avino Silver & Gold Mines

Several hedge funds and other institutional investors have recently made changes to their positions in ASM. Tower Research Capital LLC TRC bought a new position in Avino Silver & Gold Mines in the 2nd quarter worth approximately $138,000. Tidal Investments LLC grew its position in Avino Silver & Gold Mines by 11.6% in the 2nd quarter. Tidal Investments LLC now owns 3,709,669 shares of the company's stock valued at $13,355,000 after buying an additional 385,245 shares in the last quarter. Man Group plc acquired a new position in Avino Silver & Gold Mines during the 2nd quarter valued at about $2,196,000. Bank of America Corp DE increased its stake in Avino Silver & Gold Mines by 610.3% during the 2nd quarter. Bank of America Corp DE now owns 876,330 shares of the company's stock valued at $3,155,000 after buying an additional 752,949 shares during the period. Finally, Ameriprise Financial Inc. bought a new stake in shares of Avino Silver & Gold Mines during the 2nd quarter worth about $855,000. 3.11% of the stock is currently owned by institutional investors and hedge funds.

About Avino Silver & Gold Mines

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.