Avino Silver & Gold Mines (NYSE:ASM) Earns “Buy” Rating from HC Wainwright

HC Wainwright reaffirmed their buy rating on shares of Avino Silver & Gold Mines (NYSE:ASM) in a research note released on Wednesday,Benzinga reports. They currently have a $1.90 price target on the stock, up from their previous price target of $1.80.

Several other analysts also recently commented on ASM. Roth Mkm reiterated a “buy” rating and set a $1.80 target price (down from $1.90) on shares of Avino Silver & Gold Mines in a research note on Thursday, November 14th. Alliance Global Partners boosted their price objective on shares of Avino Silver & Gold Mines from $1.70 to $2.20 and gave the company a “buy” rating in a report on Friday, October 18th.

Avino Silver & Gold Mines Stock Up 3.6 %

NYSE:ASM opened at $1.14 on Wednesday. The firm has a 50-day simple moving average of $0.95 and a two-hundred day simple moving average of $1.11. The firm has a market cap of $160.17 million, a P/E ratio of 57.03 and a beta of 1.95. Avino Silver & Gold Mines has a fifty-two week low of $0.44 and a fifty-two week high of $1.56. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.43 and a current ratio of 2.36.

Institutional Investors Weigh In On Avino Silver & Gold Mines

A number of large investors have recently made changes to their positions in the company. Tidal Investments LLC increased its stake in shares of Avino Silver & Gold Mines by 105.2% in the 3rd quarter. Tidal Investments LLC now owns 6,900,224 shares of the company’s stock worth $7,590,000 after purchasing an additional 3,537,466 shares in the last quarter. Marshall Wace LLP bought a new stake in Avino Silver & Gold Mines during the second quarter valued at about $165,000. XTX Topco Ltd purchased a new stake in Avino Silver & Gold Mines in the third quarter worth about $100,000. Finally, Jane Street Group LLC raised its stake in shares of Avino Silver & Gold Mines by 276.3% in the third quarter. Jane Street Group LLC now owns 39,184 shares of the company’s stock worth $43,000 after buying an additional 28,771 shares during the period. 3.11% of the stock is currently 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.