Avino Silver & Gold Mines Ltd (NYSEAMERICAN:ASM)’s share price traded down 9.8% on Thursday . The stock traded as low as $0.45 and last traded at $0.46. 576,710 shares traded hands during trading, an increase of 137% from the average session volume of 243,296 shares. The stock had previously closed at $0.51.
Several equities analysts have recently weighed in on the stock. Zacks Investment Research upgraded shares of Avino Silver & Gold Mines from a “hold” rating to a “buy” rating and set a $0.75 price objective on the stock in a report on Tuesday, March 19th. HC Wainwright restated a “buy” rating and issued a $1.50 target price on shares of Avino Silver & Gold Mines in a report on Thursday, February 28th. Finally, Noble Financial restated a “hold” rating on shares of Avino Silver & Gold Mines in a report on Tuesday, January 22nd.
Avino Silver & Gold Mines (NYSEAMERICAN:ASM) last posted its earnings results on Wednesday, May 8th. The basic materials company reported ($0.01) earnings per share for the quarter, hitting the Zacks’ consensus estimate of ($0.01). The business had revenue of $6.71 million during the quarter, compared to analyst estimates of $8.51 million.
About Avino Silver & Gold Mines (NYSEAMERICAN:ASM)
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 gold, silver, and copper deposits. The company owns interests in 42 mineral claims and 4 leased mineral claims comprising Avino mine area property comprising 4 concessions covering 154.4 hectares, 24 exploitation concessions covering 1,284.7 hectares, and 1 leased exploitation concession covering 98.83 hectares; Gomez Palacio property comprises 9 exploration concessions covering 2,549 hectares; Santiago Papasquiaro property comprising 4 exploration concessions covering 2,552.6 hectares and 1 exploitation concession covering 602.9 hectares; and Unification La Platosa properties comprising 3 leased concessions located in the state of Durango, Mexico.
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