Avino Silver & Gold Mines (NYSE:ASM) Stock Rating Reaffirmed by Roth Mkm

Avino Silver & Gold Mines (NYSE:ASM)‘s stock had its “buy” rating reiterated by equities researchers at Roth Mkm in a note issued to investors on Tuesday, Benzinga reports. They presently have a $1.10 price objective on the stock. Roth Mkm’s price target would suggest a potential upside of 54.06% from the company’s previous close.

Several other research firms have also commented on ASM. HC Wainwright boosted their price target on shares of Avino Silver & Gold Mines from $1.50 to $1.60 and gave the company a “buy” rating in a report on Thursday, April 18th. StockNews.com began coverage on shares of Avino Silver & Gold Mines in a report on Friday, March 8th. They issued a “sell” rating for the company.

Avino Silver & Gold Mines Trading Down 0.5 %

NYSE:ASM opened at $0.71 on Tuesday. Avino Silver & Gold Mines has a one year low of $0.40 and a one year high of $0.92. The company has a debt-to-equity ratio of 0.02, a quick ratio of 1.07 and a current ratio of 1.70. The firm has a market cap of $92.82 million, a P/E ratio of 17.40 and a beta of 2.08. The firm has a 50-day simple moving average of $0.71 and a 200-day simple moving average of $0.57.

Avino Silver & Gold Mines (NYSE:ASM) last posted its quarterly earnings results on Wednesday, March 20th. The company reported $0.02 EPS for the quarter. Avino Silver & Gold Mines had a net margin of 1.23% and a return on equity of 4.53%. The business had revenue of $12.53 million during the quarter, compared to analyst estimates of $9.50 million. Equities analysts anticipate that Avino Silver & Gold Mines will post 0.04 EPS for the current fiscal year.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Avino Silver & Gold Mines stock. Perritt Capital Management Inc. increased its position in shares of Avino Silver & Gold Mines Ltd. (NYSE:ASM) by 300.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 800,000 shares of the company’s stock after acquiring an additional 600,000 shares during the quarter. Perritt Capital Management Inc. owned about 0.62% of Avino Silver & Gold Mines worth $419,000 as of its most recent SEC filing. Institutional investors own 3.11% of the company’s stock.

Avino Silver & Gold Mines Company Profile

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.