Avino Silver & Gold Mines (NYSE:ASM – Get Free Report)‘s stock had its “buy” rating reaffirmed by stock analysts at HC Wainwright in a report released on Friday, MarketBeat Ratings reports. They currently have a $1.50 price objective on the stock. HC Wainwright’s target price points to a potential upside of 10.29% from the company’s current price.
Separately, Roth Mkm reissued a “buy” rating and issued a $1.60 price target (up previously from $1.25) on shares of Avino Silver & Gold Mines in a research note on Wednesday, July 17th.
Read Our Latest Stock Report on ASM
Avino Silver & Gold Mines Price Performance
Avino Silver & Gold Mines (NYSE:ASM – Get Free Report) last announced its quarterly earnings results on Tuesday, August 13th. The company reported $0.03 earnings per share for the quarter, beating analysts’ consensus estimates of $0.02 by $0.01. Avino Silver & Gold Mines had a net margin of 3.07% and a return on equity of 9.26%. The firm had revenue of $14.79 million for the quarter, compared to analyst estimates of $13.50 million. Sell-side analysts predict that Avino Silver & Gold Mines will post 0.04 EPS for the current fiscal year.
Institutional Inflows and Outflows
Several large investors have recently added to or reduced their stakes in ASM. Tidal Investments LLC bought a new stake in Avino Silver & Gold Mines during the 1st quarter worth about $1,906,000. Marshall Wace LLP acquired a new stake in shares of Avino Silver & Gold Mines in the second quarter valued at about $165,000. Finally, Rathbones Group PLC acquired a new stake in shares of Avino Silver & Gold Mines in the second quarter valued at about $135,000. Institutional investors and hedge funds own 3.11% of the company’s stock.
Avino Silver & Gold Mines Company Profile
Avino Silver & Gold Mines Ltd., 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.
Featured Articles
- Five stocks we like better than Avino Silver & Gold Mines
- What is the Dogs of the Dow Strategy? Overview and Examples
- Misses and Beats: 3 Stocks That Are Moving Markets Right Now
- What Are the U.K. Market Holidays? How to Invest and Trade
- Cisco on the Rise: AI Potential and Analyst Upgrades Drive Gains
- The How and Why of Investing in Gold Stocks
- MarketBeat Week in Review – 10/14 – 10/18
Receive News & Ratings for Avino Silver & Gold Mines Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Avino Silver & Gold Mines and related companies with MarketBeat.com's FREE daily email newsletter.