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

Roth Mkm restated their buy rating on shares of Avino Silver & Gold Mines (NYSE:ASM) in a research note issued to investors on Thursday morning,Benzinga reports. Roth Mkm currently has a $1.80 target price on the stock, down from their previous target price of $1.90.

Other equities analysts also recently issued research reports about the company. Alliance Global Partners increased their price target on Avino Silver & Gold Mines from $1.70 to $2.20 and gave the stock a “buy” rating in a research report on Friday, October 18th. HC Wainwright increased their price objective on shares of Avino Silver & Gold Mines from $1.50 to $1.80 and gave the company a “buy” rating in a research note on Thursday.

Avino Silver & Gold Mines Trading Up 4.5 %

Avino Silver & Gold Mines stock traded up $0.05 during midday trading on Thursday, reaching $1.15. The stock had a trading volume of 1,096,211 shares, compared to its average volume of 1,075,808. The company has a quick ratio of 1.30, a current ratio of 2.11 and a debt-to-equity ratio of 0.02. The firm has a market cap of $161.51 million, a price-to-earnings ratio of 57.52 and a beta of 1.97. Avino Silver & Gold Mines has a 52-week low of $0.44 and a 52-week high of $1.56. The company has a fifty day moving average of $1.29 and a 200 day moving average of $1.12.

Avino Silver & Gold Mines (NYSE:ASM) last announced its quarterly earnings data on Tuesday, August 13th. The company reported $0.03 EPS for the quarter, beating the consensus estimate of $0.02 by $0.01. Avino Silver & Gold Mines had a return on equity of 12.29% and a net margin of 6.57%. The company had revenue of $14.79 million for the quarter, compared to the consensus estimate of $13.50 million. On average, analysts anticipate that Avino Silver & Gold Mines will post 0.05 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the company. Rathbones Group PLC purchased a new stake in shares of Avino Silver & Gold Mines during the second quarter worth about $135,000. Marshall Wace LLP purchased a new position in Avino Silver & Gold Mines in the 2nd quarter worth $165,000. Finally, Tidal Investments LLC acquired a new stake in Avino Silver & Gold Mines during the 1st quarter worth about $1,906,000. 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.