HC Wainwright Reiterates “Buy” Rating for Avino Silver & Gold Mines (NYSE:ASM)

Avino Silver & Gold Mines (NYSE:ASM)‘s stock had its “buy” rating reissued by equities research analysts at HC Wainwright in a note issued to investors on Wednesday,Benzinga reports. They currently have a $1.90 price objective on the stock, up from their prior price objective of $1.80. HC Wainwright’s price objective indicates a potential upside of 72.73% from the stock’s previous close.

ASM has been the topic of a number of other reports. Alliance Global Partners lifted their target price on Avino Silver & Gold Mines from $1.70 to $2.20 and gave the stock a “buy” rating in a research report on Friday, October 18th. Roth Mkm reissued a “buy” rating and set a $1.80 target price (down from $1.90) on shares of Avino Silver & Gold Mines in a research report on Thursday, November 14th.

Avino Silver & Gold Mines Trading Down 3.5 %

Avino Silver & Gold Mines stock opened at $1.10 on Wednesday. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.43 and a current ratio of 2.36. The business’s 50-day simple moving average is $0.97 and its 200-day simple moving average is $1.11. The firm has a market capitalization of $154.55 million, a PE ratio of 55.03 and a beta of 1.95. Avino Silver & Gold Mines has a 52 week low of $0.44 and a 52 week high of $1.56.

Institutional Investors Weigh In On Avino Silver & Gold Mines

A number of institutional investors have recently added to or reduced their stakes in ASM. Marshall Wace LLP bought a new stake in Avino Silver & Gold Mines during the 2nd quarter worth approximately $165,000. Jane Street Group LLC grew its position in Avino Silver & Gold Mines by 276.3% during the 3rd quarter. Jane Street Group LLC now owns 39,184 shares of the company’s stock worth $43,000 after acquiring an additional 28,771 shares during the last quarter. XTX Topco Ltd bought a new stake in Avino Silver & Gold Mines during the 3rd quarter worth approximately $100,000. Finally, Tidal Investments LLC grew its position in Avino Silver & Gold Mines by 105.2% during the 3rd quarter. Tidal Investments LLC now owns 6,900,224 shares of the company’s stock worth $7,590,000 after acquiring an additional 3,537,466 shares during the last quarter. 3.11% of the stock is owned by institutional investors and hedge funds.

Avino Silver & Gold Mines Company Profile

Avino Silver & Gold Mines Ltd. engages in the mining and exploration activities. It focuses on silver reserves in the Durango region of North Central Mexico. It operates through the Silver, Gold, and Copper segments. The company was founded on May 15, 1968 and is headquartered in Vancouver, Canada.