Avino Silver & Gold Mines Ltd. (NYSE:ASM – Get Free Report)’s share price traded up 2.4% during trading on Wednesday . The company traded as high as $0.92 and last traded at $0.91. 477,405 shares traded hands during mid-day trading, a decline of 51% from the average session volume of 977,125 shares. The stock had previously closed at $0.89.
Analyst Upgrades and Downgrades
A number of analysts have commented on the company. HC Wainwright reduced their target price 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. Roth Mkm restated a “buy” rating and issued a $1.10 price target on shares of Avino Silver & Gold Mines in a research note on Tuesday, April 23rd. Finally, StockNews.com upgraded Avino Silver & Gold Mines from a “sell” rating to a “hold” rating in a research note on Friday, May 10th.
Check Out Our Latest Report on ASM
Avino Silver & Gold Mines Trading Up 3.0 %
Avino Silver & Gold Mines (NYSE:ASM – Get Free Report) last released its quarterly earnings results on Wednesday, May 8th. The company reported $0.02 earnings per share (EPS) for the quarter. The firm had revenue of $12.39 million for the quarter, compared to the consensus estimate of $10.70 million. Avino Silver & Gold Mines had a return on equity of 5.39% and a net margin of 3.21%. Sell-side analysts expect that Avino Silver & Gold Mines Ltd. will post 0.04 earnings per share for the current year.
Hedge Funds Weigh In On Avino Silver & Gold Mines
A hedge fund recently bought a new stake in Avino Silver & Gold Mines stock. Perritt Capital Management Inc. bought a new stake in shares of Avino Silver & Gold Mines Ltd. (NYSE:ASM – Free Report) during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 200,000 shares of the company’s stock, valued at approximately $103,000. Perritt Capital Management Inc. owned approximately 0.16% of Avino Silver & Gold Mines as of its most recent filing with the Securities and Exchange Commission (SEC). Hedge funds and other institutional investors own 3.11% of the company’s stock.
Avino Silver & Gold Mines Company Profile
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.
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