Avino Silver & Gold Mines (NYSE:ASM) Shares Down 0.5%

Avino Silver & Gold Mines Ltd. (NYSE:ASM) was down 0.5% during trading on Wednesday . The stock traded as low as $0.70 and last traded at $0.71. Approximately 312,489 shares traded hands during mid-day trading, a decline of 77% from the average daily volume of 1,383,808 shares. The stock had previously closed at $0.72.

Analyst Upgrades and Downgrades

A number of analysts have issued reports on ASM shares. Roth Mkm reaffirmed a “buy” rating and issued a $1.10 target price on shares of Avino Silver & Gold Mines in a research note on Tuesday. HC Wainwright raised their target price on Avino Silver & Gold Mines from $1.50 to $1.60 and gave the stock a “buy” rating in a research note on Thursday, April 18th. Finally, StockNews.com started coverage on Avino Silver & Gold Mines in a research note on Friday, March 8th. They issued a “sell” rating for the company.

Avino Silver & Gold Mines Stock Down 0.5 %

The business has a fifty day moving average of $0.71 and a 200 day moving average of $0.57. The company has a market capitalization of $92.82 million, a PE ratio of 18.64 and a beta of 2.08. The company has a current ratio of 1.70, a quick ratio of 1.07 and a debt-to-equity ratio of 0.02.

Avino Silver & Gold Mines (NYSE:ASM) last announced its quarterly earnings data on Wednesday, March 20th. The company reported $0.02 earnings per share (EPS) for the quarter. The business had revenue of $12.53 million during the quarter, compared to analysts’ expectations of $9.50 million. Avino Silver & Gold Mines had a return on equity of 4.53% and a net margin of 1.23%. Equities research analysts anticipate that Avino Silver & Gold Mines Ltd. will post 0.04 EPS for the current year.

Institutional Investors Weigh In On Avino Silver & Gold Mines

A hedge fund recently bought a new stake in Avino Silver & Gold Mines stock. Perritt Capital Management Inc. bought a new position in shares of Avino Silver & Gold Mines Ltd. (NYSE:ASM) during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 200,000 shares of the company’s stock, valued at approximately $103,000. Perritt Capital Management Inc. owned approximately 0.16% of Avino Silver & Gold Mines as of its most recent filing with the SEC. Hedge funds and other 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.