Tidal Investments LLC Has $7.59 Million Position in Avino Silver & Gold Mines Ltd. (NYSE:ASM)

Tidal Investments LLC raised its position in Avino Silver & Gold Mines Ltd. (NYSE:ASM) by 105.2% in the 3rd quarter, Holdings Channel.com reports. The firm owned 6,900,224 shares of the company’s stock after buying an additional 3,537,466 shares during the period. Tidal Investments LLC’s holdings in Avino Silver & Gold Mines were worth $7,590,000 at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. Jane Street Group LLC raised its holdings in Avino Silver & Gold Mines by 276.3% in the 3rd quarter. Jane Street Group LLC now owns 39,184 shares of the company’s stock valued at $43,000 after buying an additional 28,771 shares during the last quarter. XTX Topco Ltd bought a new position in shares of Avino Silver & Gold Mines during the third quarter valued at $100,000. Rathbones Group PLC acquired a new position in shares of Avino Silver & Gold Mines during the second quarter worth $135,000. Finally, Marshall Wace LLP acquired a new stake in Avino Silver & Gold Mines in the second quarter valued at $165,000. 3.11% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of equities research analysts have commented on the company. Roth Mkm reiterated a “buy” rating and issued a $1.80 price target (down previously from $1.90) on shares of Avino Silver & Gold Mines in a research report on Thursday, November 14th. HC Wainwright increased their price objective on shares of Avino Silver & Gold Mines from $1.50 to $1.80 and gave the stock a “buy” rating in a research report on Thursday, November 14th. Finally, Alliance Global Partners upped their price target on shares of Avino Silver & Gold Mines from $1.70 to $2.20 and gave the company a “buy” rating in a research report on Friday, October 18th.

Avino Silver & Gold Mines Price Performance

ASM stock opened at $1.10 on Friday. Avino Silver & Gold Mines Ltd. has a 1 year low of $0.44 and a 1 year high of $1.56. The stock has a market capitalization of $154.53 million, a PE ratio of 55.03 and a beta of 1.91. The company’s 50-day moving average is $1.11 and its 200-day moving average is $1.16. The company has a debt-to-equity ratio of 0.01, a current ratio of 2.36 and a quick ratio of 1.43.

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.