Roth Mkm Reiterates “Buy” Rating for Avino Silver & Gold Mines (NYSE:ASM)

Roth Mkm reaffirmed their buy rating on shares of Avino Silver & Gold Mines (NYSE:ASM) in a report published on Tuesday morning, Benzinga reports. They currently have a $1.10 price objective on the stock.

Other equities analysts have also recently issued reports about the company. StockNews.com assumed coverage on Avino Silver & Gold Mines in a research note on Friday, March 8th. They set a sell rating on the stock. HC Wainwright boosted their target price on Avino Silver & Gold Mines from $1.50 to $1.60 and gave the company a buy rating in a research note on Thursday, April 18th.

Avino Silver & Gold Mines Trading Up 0.9 %

Avino Silver & Gold Mines stock traded up $0.01 during trading hours on Tuesday, reaching $0.70. The company had a trading volume of 208,508 shares, compared to its average volume of 736,961. The company has a debt-to-equity ratio of 0.02, a current ratio of 1.70 and a quick ratio of 1.07. The company has a 50-day moving average price of $0.70 and a 200 day moving average price of $0.56. The firm has a market cap of $91.29 million, a price-to-earnings ratio of 18.64 and a beta of 2.07. Avino Silver & Gold Mines has a 12-month low of $0.40 and a 12-month high of $0.92.

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

Institutional Investors Weigh In On Avino Silver & Gold Mines

An institutional investor recently bought a new position in Avino Silver & Gold Mines stock. Rathbones Group PLC purchased a new position in Avino Silver & Gold Mines Ltd. (NYSE:ASM) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 65,250 shares of the company’s stock, valued at approximately $34,000. Rathbones Group PLC owned 0.05% of Avino Silver & Gold Mines 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.