Caisse de depot et placement du Quebec Acquires Shares of 159,423 Avino Silver & Gold Mines Ltd. $ASM

Caisse de depot et placement du Quebec acquired a new stake in shares of Avino Silver & Gold Mines Ltd. (NYSE:ASM) during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 159,423 shares of the company’s stock, valued at approximately $1,010,000.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. PNC Financial Services Group Inc. purchased a new position in shares of Avino Silver & Gold Mines in the first quarter worth $29,000. Harbor Investment Advisory LLC purchased a new position in Avino Silver & Gold Mines during the first quarter valued at $44,000. Banque Cantonale Vaudoise purchased a new position in Avino Silver & Gold Mines during the fourth quarter valued at $44,000. Euro Pacific Asset Management LLC purchased a new position in Avino Silver & Gold Mines during the first quarter valued at $63,000. Finally, Caitong International Asset Management Co. Ltd increased its holdings in Avino Silver & Gold Mines by 387.0% in the 4th quarter. Caitong International Asset Management Co. Ltd now owns 10,246 shares of the company’s stock valued at $64,000 after acquiring an additional 8,142 shares during the last quarter. Institutional investors own 3.11% of the company’s stock.

Analyst Ratings Changes

ASM has been the topic of several research analyst reports. Roth Capital boosted their price target on shares of Avino Silver & Gold Mines from $7.00 to $7.50 and gave the stock a “neutral” rating in a research note on Tuesday, August 25th. HC Wainwright raised their price objective on Avino Silver & Gold Mines from $10.25 to $10.50 and gave the company a “buy” rating in a research report on Thursday, August 13th. Two analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to MarketBeat, Avino Silver & Gold Mines has a consensus rating of “Moderate Buy” and an average price target of $8.92.

Avino Silver & Gold Mines Stock Performance

NYSE:ASM opened at $7.47 on Monday. The company has a debt-to-equity ratio of 0.01, a current ratio of 2.36 and a quick ratio of 1.43. Avino Silver & Gold Mines Ltd. has a 1 year low of $4.00 and a 1 year high of $11.99. The stock’s 50 day simple moving average is $6.38 and its two-hundred day simple moving average is $6.94. The company has a market cap of $1.27 billion, a price-to-earnings ratio of 373.69 and a beta of 1.76.

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.