Renaissance Technologies LLC Trims Stock Position in Avino Silver & Gold Mines Ltd. (NYSE:ASM)

Renaissance Technologies LLC reduced its stake in shares of Avino Silver & Gold Mines Ltd. (NYSE:ASM) by 13.9% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 431,975 shares of the company’s stock after selling 69,885 shares during the period. Renaissance Technologies LLC owned 0.32% of Avino Silver & Gold Mines worth $389,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of ASM. Rathbones Group PLC acquired a new stake in Avino Silver & Gold Mines during the second quarter worth approximately $135,000. Perritt Capital Management Inc. lifted its stake in shares of Avino Silver & Gold Mines by 300.0% during the 4th quarter. Perritt Capital Management Inc. now owns 800,000 shares of the company’s stock worth $419,000 after purchasing an additional 600,000 shares during the period. Finally, Tidal Investments LLC acquired a new stake in shares of Avino Silver & Gold Mines during the first quarter worth $1,906,000. Hedge funds and other institutional investors own 3.11% of the company’s stock.

Avino Silver & Gold Mines Trading Up 11.8 %

Shares of ASM opened at $1.23 on Friday. Avino Silver & Gold Mines Ltd. has a one year low of $0.40 and a one year high of $1.24. The stock has a 50-day moving average price of $1.09 and a 200 day moving average price of $1.03. The company has a debt-to-equity ratio of 0.02, a quick ratio of 1.30 and a current ratio of 2.11. The company has a market capitalization of $165.75 million, a P/E ratio of 14.00 and a beta of 2.00.

Avino Silver & Gold Mines (NYSE:ASM) last posted its quarterly earnings data on Tuesday, August 13th. The company reported $0.03 EPS for the quarter, beating analysts’ consensus estimates of $0.02 by $0.01. The firm had revenue of $14.79 million for the quarter, compared to the consensus estimate of $13.50 million. Avino Silver & Gold Mines had a net margin of 3.07% and a return on equity of 9.26%. Sell-side analysts forecast that Avino Silver & Gold Mines Ltd. will post 0.04 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of equities research analysts recently issued reports on the stock. Roth Mkm restated a “buy” rating and issued a $1.60 target price (up from $1.25) on shares of Avino Silver & Gold Mines in a report on Wednesday, July 17th. HC Wainwright restated a “buy” rating and set a $1.50 price objective on shares of Avino Silver & Gold Mines in a report on Thursday, August 15th.

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.