Avino Silver & Gold Mines (TSE:ASM) Trading Up 9.6% – Here’s What Happened

Avino Silver & Gold Mines Ltd. (TSE:ASM) shot up 9.6% during trading on Wednesday . The company traded as high as C$1.49 and last traded at C$1.49. 159,964 shares changed hands during mid-day trading, an increase of 109% from the average session volume of 76,430 shares. The stock had previously closed at C$1.36.

Analyst Ratings Changes

Separately, Alliance Global Partners raised Avino Silver & Gold Mines to a “strong-buy” rating in a report on Friday, October 18th.

Avino Silver & Gold Mines Stock Performance

The company has a debt-to-equity ratio of 3.20, a quick ratio of 1.29 and a current ratio of 2.11. The company has a market capitalization of C$201.30 million, a price-to-earnings ratio of 149.00 and a beta of 2.02. The firm’s 50 day simple moving average is C$1.47 and its 200-day simple moving average is C$1.47.

Insiders Place Their Bets

In other Avino Silver & Gold Mines news, Senior Officer Trevitt Jennifer sold 25,000 shares of the stock in a transaction that occurred on Thursday, November 21st. The shares were sold at an average price of C$1.58, for a total value of C$39,500.00. Corporate insiders own 1.94% 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.