Roth Capital Issues Negative Estimate for ASM Earnings

Avino Silver & Gold Mines Ltd. (NYSE:ASM) – Equities researchers at Roth Capital dropped their Q4 2024 earnings estimates for Avino Silver & Gold Mines in a note issued to investors on Thursday, November 14th. Roth Capital analyst J. Reagor now anticipates that the company will post earnings of $0.01 per share for the quarter, down from their previous forecast of $0.02. The consensus estimate for Avino Silver & Gold Mines’ current full-year earnings is $0.05 per share. Roth Capital also issued estimates for Avino Silver & Gold Mines’ Q3 2025 earnings at $0.01 EPS and Q4 2025 earnings at $0.01 EPS.

Several other brokerages have also recently commented on ASM. Alliance Global Partners boosted their price objective on shares of Avino Silver & Gold Mines from $1.70 to $2.20 and gave the company a “buy” rating in a research note on Friday, October 18th. Roth Mkm reaffirmed a “buy” rating and set a $1.80 price objective (down previously from $1.90) on shares of Avino Silver & Gold Mines in a research note on Thursday. Finally, 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 note on Thursday.

Avino Silver & Gold Mines Trading Down 7.2 %

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

Hedge Funds Weigh In On Avino Silver & Gold Mines

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Jane Street Group LLC grew its stake in Avino Silver & Gold Mines by 276.3% in the 3rd quarter. Jane Street Group LLC now owns 39,184 shares of the company’s stock worth $43,000 after buying an additional 28,771 shares in the last quarter. XTX Topco Ltd purchased a new position in Avino Silver & Gold Mines in the 3rd quarter worth approximately $100,000. Rathbones Group PLC purchased a new position in Avino Silver & Gold Mines in the 2nd quarter worth approximately $135,000. Marshall Wace LLP purchased a new position in Avino Silver & Gold Mines in the 2nd quarter worth approximately $165,000. Finally, Tidal Investments LLC purchased a new position in Avino Silver & Gold Mines in the 1st quarter worth approximately $1,906,000. 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.