Avino Silver & Gold Mines (TSE:ASM) Trading 1.4% Higher – Here’s Why

Avino Silver & Gold Mines Ltd. (TSE:ASM) rose 1.4% on Tuesday . The company traded as high as C$9.20 and last traded at C$8.99. Approximately 653,195 shares changed hands during mid-day trading, a decline of 36% from the average daily volume of 1,028,026 shares. The stock had previously closed at C$8.87.

Avino Silver & Gold Mines Price Performance

The company has a market capitalization of C$1.63 billion, a P/E ratio of 42.32 and a beta of 2.99. The company has a fifty day moving average price of C$9.25 and a 200 day moving average price of C$10.01. The company has a debt-to-equity ratio of 3.03, a current ratio of 5.78 and a quick ratio of 1.29.

Avino Silver & Gold Mines (TSE:ASM) last issued its earnings results on Wednesday, May 13th. The company reported C$0.20 earnings per share for the quarter. The firm had revenue of C$54.82 million for the quarter. Avino Silver & Gold Mines had a return on equity of 17.62% and a net margin of 33.31%. On average, sell-side analysts forecast that Avino Silver & Gold Mines Ltd. will post 0.0949153 EPS for the current fiscal year.

Avino Silver & Gold Mines Company Profile

Avino is a silver producer from its wholly owned Avino Mine near Durango, Mexico. The Company’s silver, gold and copper production remains unhedged. The Company intends to maintain long-term sustainable and profitable mining operations to reward shareholders and the community alike through our growth at the historic Avino Property and the strategic acquisition of the adjacent La Preciosa which was finalized in Q1 2022. Early in 2024, the Pre-feasibility Study on the Oxide Tailings Project was completed.