Roth Mkm Reiterates Buy Rating for Avino Silver & Gold Mines (NYSE:ASM)

Roth Mkm reissued their buy rating on shares of Avino Silver & Gold Mines (NYSE:ASM) in a research note released on Tuesday morning, Benzinga reports. The firm currently has a $1.10 price objective on the stock.

A number of other analysts have also issued reports on the stock. StockNews.com assumed coverage on shares of Avino Silver & Gold Mines in a research report on Friday, March 8th. They set a sell rating on the stock. HC Wainwright raised 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 research report on Thursday, April 18th.

Avino Silver & Gold Mines Stock Up 2.6 %

ASM stock opened at $0.77 on Tuesday. The company’s 50 day simple moving average is $0.73 and its 200-day simple moving average is $0.57. The firm has a market capitalization 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. The company has a debt-to-equity ratio of 0.02, a current ratio of 1.70 and a quick ratio of 1.07.

Avino Silver & Gold Mines (NYSE:ASM) last announced its earnings results on Wednesday, March 20th. The company reported $0.02 earnings per share (EPS) for the quarter. Avino Silver & Gold Mines had a net margin of 1.23% and a return on equity of 4.53%. The firm had revenue of $12.53 million for the quarter, compared to analyst estimates of $9.50 million. Equities analysts expect that Avino Silver & Gold Mines will post 0.04 earnings per share 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 purchased a new stake in Avino Silver & Gold Mines Ltd. (NYSE:ASM) during the third quarter, according to the company in its most recent filing with the SEC. The firm purchased 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 as of its most recent SEC filing. 3.11% of the stock is currently 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.