314,900 Shares in Avino Silver & Gold Mines Ltd. $ASM Purchased by Renaissance Technologies LLC

Renaissance Technologies LLC purchased a new position in Avino Silver & Gold Mines Ltd. (NYSE:ASM) during the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 314,900 shares of the company’s stock, valued at approximately $1,990,000.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Cubist Systematic Strategies LLC acquired a new position in shares of Avino Silver & Gold Mines in the 1st quarter worth approximately $134,000. Dynamic Technology Lab Private Ltd lifted its stake in 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 valued at $58,000 after purchasing an additional 4,904 shares during the last quarter. Goldman Sachs Group Inc. boosted its holdings in Avino Silver & Gold Mines by 208.7% during the first quarter. Goldman Sachs Group Inc. now owns 209,440 shares of the company’s stock worth $385,000 after buying an additional 141,594 shares in the last quarter. Acadian Asset Management LLC acquired a new position in Avino Silver & Gold Mines in the first quarter worth approximately $669,000. Finally, American Century Companies Inc. acquired a new position in Avino Silver & Gold Mines in the second quarter worth approximately $422,000. 3.11% of the stock is owned by institutional investors and hedge funds.

Avino Silver & Gold Mines Trading Up 1.0%

NYSE:ASM opened at $7.38 on Wednesday. The stock has a market cap of $1.25 billion, a PE ratio of 369.18 and a beta of 1.76. Avino Silver & Gold Mines Ltd. has a fifty-two week low of $3.66 and a fifty-two week high of $11.99. The company has a debt-to-equity ratio of 0.01, a current ratio of 2.36 and a quick ratio of 1.43. The stock’s 50-day moving average is $6.13 and its two-hundred day moving average is $7.18.

Analysts Set New Price Targets

A number of equities research analysts have recently commented on ASM shares. HC Wainwright cut their price objective on Avino Silver & Gold Mines from $13.00 to $10.25 and set a “buy” rating for the company in a research report on Wednesday, July 22nd. Roth Capital decreased their target price on Avino Silver & Gold Mines from $8.00 to $6.50 and set a “neutral” rating on the stock in a report on Thursday, July 23rd. Two investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Avino Silver & Gold Mines currently has a consensus rating of “Moderate Buy” and an average target price of $8.50.

Avino Silver & Gold Mines Company 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.