Avino Silver & Gold Mines’ (ASM) “Buy” Rating Reaffirmed at Roth Mkm

Roth Mkm reaffirmed their buy rating on shares of Avino Silver & Gold Mines (NYSE:ASM) in a research note issued to investors on Thursday morning,Benzinga reports. They currently have a $1.80 price objective on the stock, down from their prior price objective of $1.90.

A number of other analysts have also issued reports on the stock. HC Wainwright lifted their price target on shares of Avino Silver & Gold Mines from $1.50 to $1.80 and gave the stock a “buy” rating in a research note on Thursday. Alliance Global Partners raised their price objective on shares of Avino Silver & Gold Mines from $1.70 to $2.20 and gave the stock a “buy” rating in a report on Friday, October 18th.

Avino Silver & Gold Mines Stock Down 7.2 %

Shares of NYSE ASM opened at $1.03 on Thursday. The company has a current ratio of 2.36, a quick ratio of 1.30 and a debt-to-equity ratio of 0.01. Avino Silver & Gold Mines has a fifty-two week low of $0.44 and a fifty-two week high of $1.56. The company’s 50 day simple moving average is $1.28. The firm has a market cap of $144.67 million, a price-to-earnings ratio of 51.53 and a beta of 1.97.

Institutional Trading of Avino Silver & Gold Mines

A number of institutional investors and hedge funds have recently modified their holdings of the business. Tidal Investments LLC acquired a new position in Avino Silver & Gold Mines in the first quarter valued at approximately $1,906,000. Rathbones Group PLC bought a new stake in shares of Avino Silver & Gold Mines in the 2nd quarter worth approximately $135,000. Marshall Wace LLP acquired a new position in Avino Silver & Gold Mines during the 2nd quarter valued at approximately $165,000. Jane Street Group LLC boosted 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 valued at $43,000 after purchasing an additional 28,771 shares during the period. Finally, XTX Topco Ltd bought a new position in Avino Silver & Gold Mines during the 3rd quarter worth $100,000. 3.11% of the stock is owned by institutional investors and hedge funds.

About Avino Silver & Gold Mines

Avino Silver & Gold Mines Ltd., together with its subsidiaries, engages in the acquisition, exploration, and advancement of mineral properties in Canada. It primarily explores for silver, gold, and copper deposits. The company owns interests in 42 mineral claims and four leased mineral claims, including Avino mine area property comprising four exploration concessions covering 154.4 hectares, 24 exploitation concessions covering 1,284.7 hectares, and one leased exploitation concession covering 98.83 hectares; Gomez Palacio property consists of nine exploration concessions covering 2,549 hectares; and Unification La Platosa properties, which include three leased concessions located in the state of Durango, Mexico.