Avino Silver & Gold Mines (NYSE:ASM) Receives “Buy” Rating from HC Wainwright

HC Wainwright restated their buy rating on shares of Avino Silver & Gold Mines (NYSE:ASM) in a research note issued to investors on Wednesday,Benzinga reports. They currently have a $1.90 price target on the stock, up from their prior price target of $1.80.

Several other equities research analysts have also recently weighed in on ASM. Roth Mkm reiterated a “buy” rating and issued a $1.80 price objective (down previously from $1.90) on shares of Avino Silver & Gold Mines in a report on Thursday, November 14th. Alliance Global Partners lifted 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 report on Friday, October 18th.

Avino Silver & Gold Mines Price Performance

Shares of Avino Silver & Gold Mines stock opened at $1.14 on Wednesday. The company’s fifty day simple moving average is $0.95 and its two-hundred day simple moving average is $1.11. Avino Silver & Gold Mines has a 12-month low of $0.44 and a 12-month high of $1.56. The firm has a market cap of $160.17 million, a PE ratio of 57.03 and a beta of 1.95. The company has a quick ratio of 1.43, a current ratio of 2.36 and a debt-to-equity ratio of 0.01.

Institutional Investors Weigh In On Avino Silver & Gold Mines

Hedge funds have recently made changes to their positions in the company. Jane Street Group LLC lifted its position in Avino Silver & Gold Mines by 276.3% during the third 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 period. XTX Topco Ltd purchased a new position in Avino Silver & Gold Mines during the 3rd quarter valued at about $100,000. Marshall Wace LLP purchased a new stake in Avino Silver & Gold Mines in the second quarter worth about $165,000. Finally, Tidal Investments LLC increased its stake in shares of Avino Silver & Gold Mines by 105.2% during the third quarter. Tidal Investments LLC now owns 6,900,224 shares of the company’s stock valued at $7,590,000 after purchasing an additional 3,537,466 shares in the last quarter. 3.11% of the stock is currently owned by institutional investors.

Avino Silver & Gold Mines Company Profile

Avino Silver & Gold Mines Ltd. engages in the mining and exploration activities. It focuses on silver reserves in the Durango region of North Central Mexico. It operates through the Silver, Gold, and Copper segments. The company was founded on May 15, 1968 and is headquartered in Vancouver, Canada.