Avino Silver & Gold Mines Ltd. (NYSE:ASM) Shares Acquired by Sprott Inc.

Sprott Inc. lifted its stake in shares of Avino Silver & Gold Mines Ltd. (NYSE:ASM) by 37.4% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 251,400 shares of the company’s stock after purchasing an additional 68,400 shares during the quarter. Sprott Inc. owned about 0.18% of Avino Silver & Gold Mines worth $221,000 at the end of the most recent quarter.

Other hedge funds have also recently modified their holdings of the company. Jane Street Group LLC raised its position in 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 buying an additional 28,771 shares during the last quarter. XTX Topco Ltd acquired a new position in shares of Avino Silver & Gold Mines during the third quarter worth about $100,000. 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 worth $7,590,000 after acquiring an additional 3,537,466 shares during the period. 3.11% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently commented on ASM shares. Roth Mkm restated a “buy” rating and issued a $1.80 price objective (down previously from $1.90) on shares of Avino Silver & Gold Mines in a research report on Thursday, November 14th. HC Wainwright reissued a “buy” rating and issued a $1.90 price target (up from $1.80) on shares of Avino Silver & Gold Mines in a report on Wednesday, January 22nd.

Avino Silver & Gold Mines Stock Up 3.2 %

Shares of NYSE ASM opened at $1.29 on Thursday. The company has a quick ratio of 1.43, a current ratio of 2.36 and a debt-to-equity ratio of 0.01. The firm has a 50-day moving average price of $1.31 and a 200 day moving average price of $1.12. Avino Silver & Gold Mines Ltd. has a 52 week low of $0.45 and a 52 week high of $1.56. The stock has a market capitalization of $181.31 million, a price-to-earnings ratio of 64.53 and a beta of 1.97.

About Avino Silver & Gold Mines

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.