Avino Silver & Gold Mines (NYSE:ASM) Receives Buy Rating from Roth Mkm

Roth Mkm reiterated their buy rating on shares of Avino Silver & Gold Mines (NYSE:ASM) in a research report released on Thursday morning,Benzinga reports. Roth Mkm currently has a $1.80 price objective on the stock, down from their prior price objective of $1.90.

Several other equities research analysts have also recently issued reports on ASM. HC Wainwright boosted their price objective on shares of Avino Silver & Gold Mines from $1.50 to $1.80 and gave the company a “buy” rating in a research report on Thursday. Alliance Global Partners lifted their price target on Avino Silver & Gold Mines from $1.70 to $2.20 and gave the company a “buy” rating in a report on Friday, October 18th.

Avino Silver & Gold Mines Trading Down 7.2 %

ASM stock opened at $1.03 on Thursday. Avino Silver & Gold Mines has a 12 month low of $0.44 and a 12 month high of $1.56. The business’s 50-day moving average price is $1.28. The stock has a market cap of $144.67 million, a PE ratio of 51.53 and a beta of 1.97. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.30 and a current ratio of 2.36.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in ASM. Jane Street Group LLC grew its holdings in shares of Avino Silver & Gold Mines by 276.3% during the third quarter. Jane Street Group LLC now owns 39,184 shares of the company’s stock valued at $43,000 after buying an additional 28,771 shares during the last quarter. XTX Topco Ltd purchased a new position in shares of Avino Silver & Gold Mines in the third quarter worth about $100,000. Rathbones Group PLC acquired a new stake in shares of Avino Silver & Gold Mines during the second quarter worth about $135,000. Marshall Wace LLP purchased a new stake in Avino Silver & Gold Mines in the second quarter valued at approximately $165,000. Finally, Tidal Investments LLC acquired a new position in Avino Silver & Gold Mines in the 1st quarter worth approximately $1,906,000. 3.11% of the stock is currently owned by hedge funds and other institutional investors.

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.