Avino Silver & Gold Mines (NYSE:ASM) Earns Buy Rating from Roth Mkm

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

Several other brokerages have also recently commented on ASM. HC Wainwright increased their target price on shares of Avino Silver & Gold Mines from $1.50 to $1.80 and gave the stock a “buy” rating in a report on Thursday. Alliance Global Partners boosted their price target on shares of 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.

Avino Silver & Gold Mines Stock Performance

Shares of Avino Silver & Gold Mines stock opened at $1.03 on Thursday. The company has a debt-to-equity ratio of 0.02, a current ratio of 2.11 and a quick ratio of 1.30. The firm has a market cap of $144.67 million, a price-to-earnings ratio of 51.50 and a beta of 1.97. Avino Silver & Gold Mines has a one year low of $0.44 and a one year high of $1.56. The stock’s 50-day moving average is $1.28 and its 200-day moving average is $1.12.

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

Institutional Investors Weigh In On Avino Silver & Gold Mines

Several large investors have recently made changes to their positions in ASM. Tidal Investments LLC acquired a new position in Avino Silver & Gold Mines during the first quarter worth $1,906,000. Rathbones Group PLC bought a new position in shares of Avino Silver & Gold Mines in the 2nd quarter valued at about $135,000. Marshall Wace LLP acquired a new position in shares of Avino Silver & Gold Mines during the 2nd quarter worth about $165,000. Jane Street Group LLC increased its stake in shares of Avino Silver & Gold Mines by 276.3% during the 3rd quarter. Jane Street Group LLC now owns 39,184 shares of the company’s stock worth $43,000 after purchasing an additional 28,771 shares during the last quarter. Finally, XTX Topco Ltd bought a new stake in shares of Avino Silver & Gold Mines in the 3rd quarter valued at about $100,000. Institutional investors and hedge funds own 3.11% of the company’s stock.

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.