HC Wainwright Has Positive 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) - Stock analysts at HC Wainwright raised their FY2025 earnings per share (EPS) estimates for Avino Silver & Gold Mines in a research note issued on Wednesday, July 23rd. HC Wainwright analyst H. Ihle now expects that the company will earn $0.23 per share for the year, up from their prior forecast of $0.18. HC Wainwright has a "Buy" rating and a $2.80 price objective on the stock. The consensus estimate for Avino Silver & Gold Mines' current full-year earnings is $0.04 per share.

Several other analysts have also recently commented on ASM. Roth Capital restated a "neutral" rating and set a $3.50 target price on shares of Avino Silver & Gold Mines in a report on Tuesday, July 1st. Wall Street Zen cut Avino Silver & Gold Mines from a "buy" rating to a "hold" rating in a report on Friday, May 16th. Two equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company's stock. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $2.58.

Avino Silver & Gold Mines Price Performance

Shares of ASM stock traded up $0.07 during trading hours on Friday, hitting $3.40. 2,147,709 shares of the company's stock were exchanged, compared to its average volume of 3,755,860. The stock's 50-day moving average is $3.61 and its 200-day moving average is $2.84. The company has a debt-to-equity ratio of 0.01, a current ratio of 2.36 and a quick ratio of 1.43. The stock has a market cap of $495.27 million, a price-to-earnings ratio of 169.33 and a beta of 1.66. Avino Silver & Gold Mines has a 52 week low of $0.83 and a 52 week high of $4.41.

Hedge Funds Weigh In On Avino Silver & Gold Mines

Several large investors have recently made changes to their positions in ASM. Mariner LLC acquired a new position in Avino Silver & Gold Mines in the fourth quarter valued at about $41,000. Pinion Investment Advisors LLC acquired a new stake in Avino Silver & Gold Mines in the 2nd quarter valued at approximately $41,000. Dynamic Technology Lab Private Ltd raised its position in Avino Silver & Gold Mines by 18.5% in the 1st quarter. Dynamic Technology Lab Private Ltd now owns 31,452 shares of the company's stock valued at $58,000 after buying an additional 4,904 shares during the last quarter. Two Sigma Advisers LP acquired a new position in shares of Avino Silver & Gold Mines during the 4th quarter worth approximately $67,000. Finally, Prudential Financial Inc. acquired a new position in shares of Avino Silver & Gold Mines during the 4th quarter worth approximately $80,000. Institutional investors and hedge funds own 3.11% of the company's stock.

Avino Silver & Gold Mines Company Profile

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.