Avino Silver & Gold Mines Ltd (ASM) Downgraded by Zacks Investment Research to “Sell”
Avino Silver & Gold Mines Ltd (NYSEMKT:ASM) was downgraded by Zacks Investment Research from a “hold” rating to a “sell” rating in a note issued to investors on Thursday.
According to Zacks, “Avino Silver & Gold Mines Ltd. is engaged in exploration and development of mineral properties. The company primarily explores for silver along with gold, copper and lead. Its properties are mainly located in British Columbia, the Yukon Territory, Mexico and Canada. Avino Silver & Gold Mines Ltd. is headquartered in Vancouver, Canada. “
A number of other brokerages have also recently weighed in on ASM. TheStreet cut shares of Avino Silver & Gold Mines from a “hold” rating to a “sell” rating in a research report on Monday, September 12th. Noble Financial reaffirmed a “buy” rating and set a $2.50 price target on shares of Avino Silver & Gold Mines in a research report on Tuesday, June 14th. Two equities research analysts have rated the stock with a sell rating and three have issued a buy rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus price target of $2.55.
Shares of Avino Silver & Gold Mines (NYSEMKT:ASM) traded down 3.83% on Thursday, reaching $2.26. 361,612 shares of the company’s stock traded hands. The company has a 50 day moving average of $2.39 and a 200-day moving average of $1.91. Avino Silver & Gold Mines has a 52 week low of $0.71 and a 52 week high of $3.14. The stock’s market capitalization is $100.55 million.
About Avino Silver & Gold Mines
Avino Silver & Gold Mines Ltd. is a resource company. The Company is focused on silver, gold, and copper exploration, extraction and processing. It extracts resources and processes a bulk concentrate at the San Gonzalo Mine and a copper concentrate from the Avino Mine, both of which are located on the Avino property in Durango, Mexico.
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