Tidal Investments LLC Buys Shares of 3,059,206 Avino Silver & Gold Mines Ltd. (NYSE:ASM)

Tidal Investments LLC bought a new stake in Avino Silver & Gold Mines Ltd. (NYSE:ASM) during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 3,059,206 shares of the company’s stock, valued at approximately $1,906,000. Tidal Investments LLC owned approximately 2.30% of Avino Silver & Gold Mines at the end of the most recent reporting period.

Separately, Perritt Capital Management Inc. lifted its position in shares of Avino Silver & Gold Mines by 300.0% in the fourth quarter. Perritt Capital Management Inc. now owns 800,000 shares of the company’s stock worth $419,000 after buying an additional 600,000 shares during the last quarter. 3.11% of the stock is owned by institutional investors.

Avino Silver & Gold Mines Stock Down 4.0 %

Shares of NYSE:ASM traded down $0.04 on Friday, reaching $0.98. The company had a trading volume of 438,638 shares, compared to its average volume of 890,865. Avino Silver & Gold Mines Ltd. has a twelve month low of $0.40 and a twelve month high of $1.13. The company has a quick ratio of 1.11, a current ratio of 1.77 and a debt-to-equity ratio of 0.01. The stock has a market capitalization of $132.02 million, a P/E ratio of 21.60 and a beta of 2.00. The stock has a 50-day moving average price of $1.01 and a 200 day moving average price of $0.94.

Avino Silver & Gold Mines (NYSE:ASM) last posted its quarterly earnings data on Wednesday, May 8th. The company reported $0.02 earnings per share for the quarter. Avino Silver & Gold Mines had a return on equity of 5.39% and a net margin of 3.21%. The business had revenue of $12.39 million during the quarter, compared to analysts’ expectations of $10.70 million. On average, equities analysts expect that Avino Silver & Gold Mines Ltd. will post 0.05 EPS for the current year.

Analyst Upgrades and Downgrades

ASM has been the subject of a number of analyst reports. HC Wainwright reaffirmed a “buy” rating and issued a $1.50 price target on shares of Avino Silver & Gold Mines in a research report on Wednesday, July 17th. Roth Mkm reaffirmed a “buy” rating and issued a $1.60 price target (up previously from $1.25) on shares of Avino Silver & Gold Mines in a research report on Wednesday, July 17th. Finally, StockNews.com raised Avino Silver & Gold Mines from a “sell” rating to a “hold” rating in a research report on Friday, May 10th.

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.