Avino Silver & Gold Mines (NYSE:ASM) Upgraded by StockNews.com to Buy Rating

StockNews.com upgraded shares of Avino Silver & Gold Mines (NYSE:ASM) from a hold rating to a buy rating in a research note published on Monday morning.

Separately, HC Wainwright raised their price objective on Avino Silver & Gold Mines from $1.90 to $2.20 and gave the stock a “buy” rating in a research note on Wednesday, March 12th.

Avino Silver & Gold Mines Stock Performance

ASM traded up $0.15 during trading on Monday, hitting $1.90. The company’s stock had a trading volume of 5,739,200 shares, compared to its average volume of 1,417,029. The company has a quick ratio of 1.43, a current ratio of 2.36 and a debt-to-equity ratio of 0.01. Avino Silver & Gold Mines has a one year low of $0.55 and a one year high of $1.90. The firm has a market cap of $267.65 million, a PE ratio of 95.05 and a beta of 1.87. The business’s 50 day simple moving average is $1.41 and its 200-day simple moving average is $1.18.

Institutional Investors Weigh In On Avino Silver & Gold Mines

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Jane Street Group LLC raised its position in shares of Avino Silver & Gold Mines by 276.3% during the third quarter. Jane Street Group LLC now owns 39,184 shares of the company’s stock valued at $43,000 after buying an additional 28,771 shares during the last quarter. Mariner LLC bought a new stake in shares of Avino Silver & Gold Mines during the fourth quarter valued at approximately $41,000. Sprott Inc. raised its position in shares of Avino Silver & Gold Mines by 37.4% during the fourth quarter. Sprott Inc. now owns 251,400 shares of the company’s stock valued at $221,000 after buying an additional 68,400 shares during the last quarter. Two Sigma Advisers LP bought a new stake in Avino Silver & Gold Mines in the 4th quarter valued at $67,000. Finally, XTX Topco Ltd increased its holdings in Avino Silver & Gold Mines by 83.3% in the 4th quarter. XTX Topco Ltd now owns 166,641 shares of the company’s stock valued at $147,000 after acquiring an additional 75,750 shares during the last quarter. 3.11% of the stock is owned by institutional investors.

Avino Silver & Gold Mines Company Profile

Avino Silver & Gold Mines Ltd. engages in the mining and exploration activities. It focuses on silver reserves in the Durango region of North Central Mexico. It operates through the Silver, Gold, and Copper segments. The company was founded on May 15, 1968 and is headquartered in Vancouver, Canada.