Avino Silver & Gold Mines (NYSE:ASM) Upgraded at StockNews.com

StockNews.com upgraded shares of Avino Silver & Gold Mines (NYSE:ASM) from a hold rating to a buy rating in a research report sent to investors on Monday.

Separately, HC Wainwright lifted their price objective on Avino Silver & Gold Mines from $1.90 to $2.20 and gave the company a “buy” rating in a report on Wednesday, March 12th.

Avino Silver & Gold Mines Stock Down 2.6 %

Shares of ASM stock opened at $1.85 on Monday. The stock has a market cap of $260.61 million, a P/E ratio of 92.55 and a beta of 1.87. Avino Silver & Gold Mines has a one year low of $0.55 and a one year high of $1.98. The stock has a fifty day moving average price of $1.43 and a 200 day moving average price of $1.19. The company has a debt-to-equity ratio of 0.01, a current ratio of 2.36 and a quick ratio of 1.43.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Jane Street Group LLC lifted its holdings in shares of 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 period. Mariner LLC acquired a new stake in shares of Avino Silver & Gold Mines in the fourth quarter valued at $41,000. Two Sigma Advisers LP acquired a new stake in shares of Avino Silver & Gold Mines in the fourth quarter valued at $67,000. Prudential Financial Inc. acquired a new stake in shares of Avino Silver & Gold Mines in the fourth quarter valued at $80,000. Finally, XTX Topco Ltd acquired a new stake in shares of Avino Silver & Gold Mines in the third quarter valued at $100,000. 3.11% of the stock is owned by institutional investors.

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.