Roth Capital Weighs in on Avino Silver & Gold Mines Ltd.’s FY2024 Earnings (NYSE:ASM)

Avino Silver & Gold Mines Ltd. (NYSE:ASMFree Report) – Equities research analysts at Roth Capital decreased their FY2024 earnings per share estimates for Avino Silver & Gold Mines in a note issued to investors on Friday, March 22nd. Roth Capital analyst J. Reagor now expects that the company will post earnings per share of $0.01 for the year, down from their previous estimate of $0.02. The consensus estimate for Avino Silver & Gold Mines’ current full-year earnings is $0.03 per share.

Several other research analysts have also recently weighed in on ASM. StockNews.com started coverage on shares of Avino Silver & Gold Mines in a research note on Friday, March 8th. They issued a “sell” rating on the stock. HC Wainwright lowered their price objective on shares of Avino Silver & Gold Mines from $1.80 to $1.50 and set a “buy” rating on the stock in a research report on Friday, March 22nd.

Check Out Our Latest Analysis on ASM

Avino Silver & Gold Mines Stock Performance

NYSE:ASM opened at $0.58 on Monday. The stock has a market cap of $76.04 million, a P/E ratio of 14.30 and a beta of 2.03. The company has a quick ratio of 1.07, a current ratio of 1.70 and a debt-to-equity ratio of 0.02. The business’s 50-day moving average price is $0.52 and its two-hundred day moving average price is $0.50. Avino Silver & Gold Mines has a twelve month low of $0.40 and a twelve month high of $1.01.

Institutional Investors Weigh In On Avino Silver & Gold Mines

Hedge funds have recently made changes to their positions in the business. Renaissance Technologies LLC grew its holdings in shares of Avino Silver & Gold Mines by 48.3% during the 2nd quarter. Renaissance Technologies LLC now owns 1,339,500 shares of the company’s stock valued at $884,000 after purchasing an additional 436,400 shares during the last quarter. Perritt Capital Management Inc. boosted its position in Avino Silver & Gold Mines by 300.0% during the fourth quarter. Perritt Capital Management Inc. now owns 800,000 shares of the company’s stock valued at $419,000 after buying an additional 600,000 shares during the period. Citadel Advisors LLC boosted its position in Avino Silver & Gold Mines by 12.4% during the second quarter. Citadel Advisors LLC now owns 147,818 shares of the company’s stock valued at $98,000 after buying an additional 16,347 shares during the period. Finally, Virtu Financial LLC increased its holdings in shares of Avino Silver & Gold Mines by 25.9% in the first quarter. Virtu Financial LLC now owns 111,626 shares of the company’s stock worth $105,000 after buying an additional 22,934 shares during the period. 3.11% of the stock is currently owned by institutional investors.

Avino Silver & Gold Mines Company Profile

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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; Santiago Papasquiaro property comprises four exploration concessions covering 2,552.6 hectares and one exploitation concession covering 602.9 hectares; and Unification La Platosa properties, which include three leased concessions located in the state of Durango, Mexico.

Further Reading

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