Roth Capital Has Optimistic Outlook of ASM FY2025 Earnings

Avino Silver & Gold Mines Ltd. (NYSE:ASM) – Analysts at Roth Capital raised their FY2025 earnings estimates for Avino Silver & Gold Mines in a note issued to investors on Friday, October 18th. Roth Capital analyst J. Reagor now forecasts that the company will earn $0.06 per share for the year, up from their prior forecast of $0.05. The consensus estimate for Avino Silver & Gold Mines’ current full-year earnings is $0.04 per share.

Several other research firms have also commented on ASM. HC Wainwright reissued a “buy” rating and issued a $1.50 price target on shares of Avino Silver & Gold Mines in a research report on Friday. Roth Mkm reissued a “buy” rating and set a $1.60 price target (up from $1.25) on shares of Avino Silver & Gold Mines in a research report on Wednesday, July 17th. Finally, Alliance Global Partners raised their price target on shares of Avino Silver & Gold Mines from $1.70 to $2.20 and gave the company a “buy” rating in a report on Friday.

Avino Silver & Gold Mines Stock Up 9.7 %

Avino Silver & Gold Mines stock opened at $1.36 on Monday. 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 stock has a market capitalization of $183.27 million, a price-to-earnings ratio of 15.50 and a beta of 2.00. The business’s fifty day moving average is $1.15. Avino Silver & Gold Mines has a twelve month low of $0.40 and a twelve month high of $1.39.

Avino Silver & Gold Mines (NYSE:ASM) last announced its quarterly earnings results on Tuesday, August 13th. The company reported $0.03 earnings per share for the quarter, topping the consensus estimate of $0.02 by $0.01. The firm had revenue of $14.79 million during the quarter, compared to analysts’ expectations of $13.50 million. Avino Silver & Gold Mines had a net margin of 3.07% and a return on equity of 9.26%.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in ASM. Tidal Investments LLC acquired a new stake in Avino Silver & Gold Mines in the first quarter worth about $1,906,000. Rathbones Group PLC purchased a new stake in Avino Silver & Gold Mines during the 2nd quarter worth approximately $135,000. Finally, Marshall Wace LLP acquired a new position in Avino Silver & Gold Mines during the 2nd quarter valued at approximately $165,000. 3.11% of the stock is owned by institutional investors and hedge funds.

About Avino Silver & Gold Mines

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.