HC Wainwright Issues Positive Forecast for Avino Silver & Gold Mines (NYSE:ASM) Stock Price

Avino Silver & Gold Mines (NYSE:ASM) had its price objective lifted by HC Wainwright from $1.50 to $1.80 in a research report released on Thursday,Benzinga reports. The brokerage currently has a buy rating on the stock. HC Wainwright also issued estimates for Avino Silver & Gold Mines’ FY2025 earnings at $0.08 EPS.

A number of other research firms have also recently issued reports on ASM. Roth Mkm restated a “buy” rating and set a $1.60 price objective (up from $1.25) on shares of Avino Silver & Gold Mines in a research report on Wednesday, July 17th. Alliance Global Partners increased 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.

Avino Silver & Gold Mines Stock Down 7.2 %

ASM stock opened at $1.03 on Thursday. Avino Silver & Gold Mines has a twelve month low of $0.44 and a twelve 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. The firm has a market capitalization of $144.67 million, a P/E ratio of 51.53 and a beta of 1.97. The business’s 50-day moving average price is $1.28.

Hedge Funds Weigh In On Avino Silver & Gold Mines

Several institutional investors have recently bought and sold shares of ASM. XTX Topco Ltd bought a new position in Avino Silver & Gold Mines in the third quarter valued at about $100,000. Jane Street Group LLC lifted its holdings in Avino Silver & Gold Mines by 276.3% in 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 period. Marshall Wace LLP bought a new position in shares of Avino Silver & Gold Mines in the 2nd quarter worth $165,000. Rathbones Group PLC acquired a new position in Avino Silver & Gold Mines in the second quarter valued at about $135,000. Finally, Tidal Investments LLC bought a new position in Avino Silver & Gold Mines during the 1st quarter worth approximately $1,906,000. Institutional investors own 3.11% of the company’s stock.

About Avino Silver & Gold Mines

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.