Avino Silver & Gold Mines (NYSE:ASM) Trading Up 8.5% – Still a Buy?

Avino Silver & Gold Mines Ltd. (NYSE:ASM)’s share price rose 8.5% during trading on Wednesday . The company traded as high as $1.27 and last traded at $1.34. Approximately 1,543,747 shares changed hands during mid-day trading, a decline of 8% from the average daily volume of 1,684,590 shares. The stock had previously closed at $1.23.

Analyst Ratings Changes

ASM has been the subject of a number of recent research reports. Roth Mkm reiterated a “buy” rating and set a $1.80 price target (down previously from $1.90) on shares of Avino Silver & Gold Mines in a research note on Thursday, November 14th. HC Wainwright reissued a “buy” rating and set a $1.90 price target (up previously from $1.80) on shares of Avino Silver & Gold Mines in a report on Wednesday, January 22nd.

Avino Silver & Gold Mines Trading Up 8.0 %

The stock has a market capitalization of $189.74 million, a PE ratio of 67.53 and a beta of 1.97. 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 moving average is $1.33 and its two-hundred day moving average is $1.13.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in the company. Two Sigma Advisers LP acquired a new position in Avino Silver & Gold Mines during the 4th quarter worth approximately $67,000. Two Sigma Investments LP acquired a new position in Avino Silver & Gold Mines during the fourth quarter worth $206,000. Millennium Management LLC purchased a new position in Avino Silver & Gold Mines in the fourth quarter worth $492,000. Captrust Financial Advisors acquired a new stake in Avino Silver & Gold Mines in the fourth quarter valued at $217,000. Finally, Bank of America Corp DE boosted its holdings in Avino Silver & Gold Mines by 184,842.4% during the fourth quarter. Bank of America Corp DE now owns 571,472 shares of the company’s stock worth $503,000 after buying an additional 571,163 shares in the last quarter. 3.11% of the stock is currently owned by institutional investors and hedge funds.

About Avino Silver & Gold Mines

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.