Roth Mkm Reaffirms “Buy” Rating for Avino Silver & Gold Mines (NYSE:ASM)

Roth Mkm reaffirmed their buy rating on shares of Avino Silver & Gold Mines (NYSE:ASM) in a report released on Tuesday, Benzinga reports. They currently have a $1.10 price objective on the stock.

A number of other equities analysts also recently weighed in on ASM. StockNews.com started coverage on shares of Avino Silver & Gold Mines in a report on Friday, March 8th. They set a sell rating on the stock. HC Wainwright boosted their target price on shares of Avino Silver & Gold Mines from $1.50 to $1.60 and gave the stock a buy rating in a report on Thursday, April 18th.

Avino Silver & Gold Mines Stock Performance

Shares of ASM stock opened at $0.77 on Tuesday. The company’s fifty day simple moving average is $0.73 and its 200-day simple moving average is $0.57. 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 firm has a market cap of $100.62 million, a PE ratio of 17.85 and a beta of 2.08. Avino Silver & Gold Mines has a 12 month low of $0.40 and a 12 month high of $0.92.

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

Hedge Funds Weigh In On Avino Silver & Gold Mines

An institutional investor recently bought a new position in Avino Silver & Gold Mines stock. Rathbones Group PLC acquired a new stake in Avino Silver & Gold Mines Ltd. (NYSE:ASM) during the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 65,250 shares of the company’s stock, valued at approximately $34,000. Rathbones Group PLC owned about 0.05% of Avino Silver & Gold Mines at the end of the most recent reporting period. 3.11% of the stock is owned by institutional investors and hedge funds.

Avino Silver & Gold Mines Company Profile

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.