HC Wainwright restated their buy rating on shares of Avino Silver & Gold Mines (NYSE:ASM – Free Report) in a research note released on Friday, Benzinga reports. The firm currently has a $1.50 target price on the stock.
Separately, Roth Mkm reaffirmed a “buy” rating and issued a $1.60 target price (up from $1.25) on shares of Avino Silver & Gold Mines in a research report on Wednesday, July 17th.
Avino Silver & Gold Mines Stock Down 1.6 %
Avino Silver & Gold Mines (NYSE:ASM – Get Free Report) last announced its earnings results on Tuesday, August 13th. The company reported $0.03 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.02 by $0.01. Avino Silver & Gold Mines had a return on equity of 9.26% and a net margin of 3.07%. The company had revenue of $14.79 million for the quarter, compared to analyst estimates of $13.50 million. As a group, sell-side analysts predict that Avino Silver & Gold Mines will post 0.04 EPS for the current fiscal year.
Institutional Investors Weigh In On Avino Silver & Gold Mines
Several institutional investors and hedge funds have recently made changes to their positions in the company. Marshall Wace LLP acquired a new stake in shares of Avino Silver & Gold Mines during the 2nd quarter valued at approximately $165,000. Rathbones Group PLC acquired a new stake in shares of Avino Silver & Gold Mines during the 2nd quarter valued at approximately $135,000. Finally, Tidal Investments LLC acquired a new stake in shares of Avino Silver & Gold Mines during the 1st quarter valued at approximately $1,906,000. 3.11% of the stock is 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.
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