Baader Bank Aktiengesellschaft Trims Stock Holdings in Avino Silver & Gold Mines Ltd. $ASM

Baader Bank Aktiengesellschaft reduced its stake in Avino Silver & Gold Mines Ltd. (NYSE:ASM) by 88.4% during the 4th quarter, Holdings Channel reports. The institutional investor owned 21,472 shares of the company’s stock after selling 163,359 shares during the period. Baader Bank Aktiengesellschaft’s holdings in Avino Silver & Gold Mines were worth $133,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. SBI Securities Co. Ltd. grew its position in Avino Silver & Gold Mines by 42.4% in the 3rd quarter. SBI Securities Co. Ltd. now owns 8,440 shares of the company’s stock valued at $44,000 after acquiring an additional 2,515 shares in the last quarter. Prudential Financial Inc. grew its position in Avino Silver & Gold Mines by 4.3% in the 2nd quarter. Prudential Financial Inc. now owns 77,600 shares of the company’s stock valued at $279,000 after acquiring an additional 3,200 shares in the last quarter. Stone House Investment Management LLC grew its position in Avino Silver & Gold Mines by 1,137.6% in the 4th quarter. Stone House Investment Management LLC now owns 4,208 shares of the company’s stock valued at $26,000 after acquiring an additional 3,868 shares in the last quarter. Rathbones Group PLC grew its position in Avino Silver & Gold Mines by 21.1% in the 3rd quarter. Rathbones Group PLC now owns 25,550 shares of the company’s stock valued at $134,000 after acquiring an additional 4,450 shares in the last quarter. Finally, Dynamic Technology Lab Private Ltd grew its position in shares of Avino Silver & Gold Mines by 18.5% during the first quarter. Dynamic Technology Lab Private Ltd now owns 31,452 shares of the company’s stock worth $58,000 after buying an additional 4,904 shares in the last quarter. 3.11% of the stock is currently owned by hedge funds and other institutional investors.

Avino Silver & Gold Mines Stock Performance

Shares of ASM opened at $7.14 on Friday. The stock has a 50 day moving average price of $6.87 and a 200 day moving average price of $6.89. 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 company has a market capitalization of $1.20 billion, a price-to-earnings ratio of 357.18 and a beta of 1.68. Avino Silver & Gold Mines Ltd. has a 52-week low of $2.51 and a 52-week high of $11.99.

Analysts Set New Price Targets

A number of equities analysts have recently commented on ASM shares. Alliance Global Partners reissued a “buy” rating on shares of Avino Silver & Gold Mines in a research report on Friday, February 20th. iA Financial set a $8.75 price objective on Avino Silver & Gold Mines in a research report on Friday, January 23rd. HC Wainwright boosted their price objective on Avino Silver & Gold Mines to $13.00 and gave the stock a “buy” rating in a research report on Thursday. Finally, Roth Mkm reissued a “neutral” rating and set a $8.00 price objective on shares of Avino Silver & Gold Mines in a research report on Friday. Two analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $9.92.

Avino Silver & Gold Mines Profile

Avino Silver & Gold Mines Ltd. is a Vancouver-based precious metals producer and explorer focused on the mining of silver, gold and copper. The company’s flagship asset is the 100%-owned Avino Mine, situated near the historic town of Avino in the state of Durango, Mexico. Avino’s operations encompass underground and open‐pit mining, milling and tailings reprocessing, delivering a diversified metal output. In addition to silver and gold production, the Avino Mine yields significant copper by-product credits, enhancing overall project economics.

Beyond its core Mexican operations, Avino holds interests in several exploration and development properties across North America.