Avino Silver & Gold Mines’ (ASM) Buy Rating Reiterated at HC Wainwright

HC Wainwright reiterated their buy rating on shares of Avino Silver & Gold Mines (NYSE:ASM) in a research report released on Friday, MarketBeat reports. HC Wainwright currently has a $1.50 price target on the stock.

Separately, Roth Mkm reiterated a “buy” rating and issued a $1.60 price objective (up previously from $1.25) on shares of Avino Silver & Gold Mines in a report on Wednesday, July 17th.

Avino Silver & Gold Mines Price Performance

NYSE:ASM opened at $1.45 on Friday. The company has a debt-to-equity ratio of 0.02, a quick ratio of 1.30 and a current ratio of 2.11. The stock has a fifty day moving average of $1.17 and a 200 day moving average of $1.05. Avino Silver & Gold Mines has a 52-week low of $0.40 and a 52-week high of $1.49. The firm has a market capitalization of $195.40 million, a price-to-earnings ratio of 15.50 and a beta of 2.00.

Avino Silver & Gold Mines (NYSE:ASM) last issued its quarterly earnings results on Tuesday, August 13th. The company reported $0.03 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.02 by $0.01. The firm had revenue of $14.79 million during the quarter, compared to analyst estimates of $13.50 million. Avino Silver & Gold Mines had a return on equity of 9.26% and a net margin of 3.07%. On average, research analysts expect that Avino Silver & Gold Mines will post 0.04 EPS for the current fiscal year.

Institutional Trading of Avino Silver & Gold Mines

Large investors have recently bought and sold shares of the company. Rathbones Group PLC bought a new stake in Avino Silver & Gold Mines during the 2nd quarter valued at approximately $135,000. Marshall Wace LLP bought a new position in Avino Silver & Gold Mines in the 2nd quarter valued at approximately $165,000. Finally, Tidal Investments LLC bought a new position in Avino Silver & Gold Mines in the 1st quarter valued at approximately $1,906,000. 3.11% of the stock is owned by institutional investors.

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.