HC Wainwright Raises Avino Silver & Gold Mines (NYSE:ASM) Price Target to $2.20

Avino Silver & Gold Mines (NYSE:ASM) had its price objective lifted by equities researchers at HC Wainwright from $1.90 to $2.20 in a report issued on Wednesday,Benzinga reports. The brokerage presently has a “buy” rating on the stock. HC Wainwright’s target price points to a potential upside of 24.29% from the stock’s current price.

Separately, Roth Mkm reiterated a “buy” rating and set a $1.80 price target (down from $1.90) on shares of Avino Silver & Gold Mines in a research report on Thursday, November 14th.

Avino Silver & Gold Mines Trading Up 4.1 %

Shares of ASM opened at $1.77 on Wednesday. The firm’s 50 day simple moving average is $1.38 and its 200 day simple moving average is $1.16. The company has a market capitalization of $249.34 million, a P/E ratio of 88.54 and a beta of 1.87. The company has a debt-to-equity ratio of 0.01, a current ratio of 2.36 and a quick ratio of 1.43. Avino Silver & Gold Mines has a 1-year low of $0.55 and a 1-year high of $1.81.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the business. Jane Street Group LLC grew its position in 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 acquiring an additional 28,771 shares during the last quarter. Mariner LLC bought a new position in shares of Avino Silver & Gold Mines in the fourth quarter worth approximately $41,000. Two Sigma Advisers LP bought a new position in shares of Avino Silver & Gold Mines in the fourth quarter worth approximately $67,000. Prudential Financial Inc. bought a new position in shares of Avino Silver & Gold Mines in the fourth quarter worth approximately $80,000. Finally, XTX Topco Ltd bought a new position in shares of Avino Silver & Gold Mines in the third quarter worth approximately $100,000. 3.11% of the stock is currently owned by institutional investors.

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.