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

Avino Silver & Gold Mines (NYSE:ASM)‘s stock had its “buy” rating restated by Roth Mkm in a report released on Thursday,Benzinga reports. They presently have a $1.80 target price on the stock, down from their previous target price of $1.90. Roth Mkm’s price target suggests a potential upside of 56.54% from the company’s previous close.

ASM has been the subject of a number of other reports. Alliance Global Partners increased their target price on Avino Silver & Gold Mines from $1.70 to $2.20 and gave the stock a “buy” rating in a research note on Friday, October 18th. HC Wainwright boosted their price target on Avino Silver & Gold Mines from $1.50 to $1.80 and gave the company a “buy” rating in a report on Thursday.

Avino Silver & Gold Mines Trading Up 4.5 %

Shares of Avino Silver & Gold Mines stock traded up $0.05 during trading on Thursday, hitting $1.15. 1,096,211 shares of the company were exchanged, compared to its average volume of 1,075,808. The firm has a market capitalization of $161.51 million, a P/E ratio of 57.52 and a beta of 1.97. The firm’s fifty day moving average price is $1.29 and its 200 day moving average price is $1.12. The company has a debt-to-equity ratio of 0.02, a current ratio of 2.11 and a quick ratio of 1.30. Avino Silver & Gold Mines has a 1-year low of $0.44 and a 1-year high of $1.56.

Avino Silver & Gold Mines (NYSE:ASM) last announced its quarterly earnings results on Tuesday, August 13th. The company reported $0.03 earnings per share for the quarter, topping analysts’ consensus estimates of $0.02 by $0.01. The company had revenue of $14.79 million for the quarter, compared to analysts’ expectations of $13.50 million. Avino Silver & Gold Mines had a net margin of 6.57% and a return on equity of 12.29%. As a group, sell-side analysts expect that Avino Silver & Gold Mines will post 0.05 earnings per share for the current fiscal year.

Institutional Trading of Avino Silver & Gold Mines

Hedge funds have recently modified their holdings of the stock. Rathbones Group PLC bought a new stake in shares of Avino Silver & Gold Mines during the second quarter worth approximately $135,000. Marshall Wace LLP bought a new stake in Avino Silver & Gold Mines in the 2nd quarter valued at $165,000. Finally, Tidal Investments LLC bought a new stake in shares of Avino Silver & Gold Mines in the first quarter valued at about $1,906,000. Institutional investors and hedge funds 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.