What is HC Wainwright's Estimate for ASM FY2025 Earnings?

Key Points

• HC Wainwright has raised its FY2025 earnings per share estimate for Avino Silver & Gold Mines from $0.18 to $0.23, maintaining a "Buy" rating and a target price of $2.80.
• The company currently has a consensus estimate for its full-year earnings at $0.04 per share, significantly below HC Wainwright's forecast.
• Recent movements among institutional investors show increasing interest in Avino Silver & Gold Mines, with multiple firms acquiring new positions in the stock.

Avino Silver & Gold Mines Ltd. (NYSE:ASM - Free Report) - Equities researchers at HC Wainwright boosted their FY2025 earnings per share estimates for Avino Silver & Gold Mines in a research note issued to investors on Wednesday, July 23rd. HC Wainwright analyst H. Ihle now anticipates that the company will post earnings per share of $0.23 for the year, up from their previous estimate of $0.18. HC Wainwright currently has a "Buy" rating and a $2.80 target price on the stock. The consensus estimate for Avino Silver & Gold Mines' current full-year earnings is $0.04 per share.

Several other equities analysts have also issued reports on the company. Roth Capital reiterated a "neutral" rating and issued a $3.50 target price on shares of Avino Silver & Gold Mines in a research note on Tuesday, July 1st. Wall Street Zen lowered Avino Silver & Gold Mines from a "buy" rating to a "hold" rating in a research note on Friday, May 16th. Two analysts have rated the stock with a hold rating and three have issued a buy rating to the company. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and an average price target of $2.58.

Avino Silver & Gold Mines Stock Performance

Shares of Avino Silver & Gold Mines stock opened at $3.54 on Friday. The stock's fifty day moving average price is $3.61 and its 200-day moving average price is $2.79. Avino Silver & Gold Mines has a 12 month low of $0.83 and a 12 month high of $4.41. The company has a current ratio of 2.36, a quick ratio of 1.43 and a debt-to-equity ratio of 0.01. The firm has a market cap of $516.43 million, a P/E ratio of 177.09 and a beta of 1.66.

Institutional Investors Weigh In On Avino Silver & Gold Mines

A number of institutional investors and hedge funds have recently modified their holdings of the company. Mariner LLC acquired a new position in Avino Silver & Gold Mines in the fourth quarter valued at approximately $41,000. Pinion Investment Advisors LLC acquired a new position in Avino Silver & Gold Mines in the second quarter valued at approximately $41,000. Dynamic Technology Lab Private Ltd lifted its holdings in Avino Silver & Gold Mines by 18.5% in the first quarter. Dynamic Technology Lab Private Ltd now owns 31,452 shares of the company's stock valued at $58,000 after acquiring an additional 4,904 shares during the period. Two Sigma Advisers LP purchased a new stake in shares of Avino Silver & Gold Mines in the fourth quarter valued at approximately $67,000. Finally, Prudential Financial Inc. purchased a new stake in shares of Avino Silver & Gold Mines in the fourth quarter valued at approximately $80,000. Institutional investors and hedge funds own 3.11% of the company's stock.

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.

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