Avino Silver & Gold Mines (TSE:ASM) Trading 1.4% Higher – Still a Buy?

Avino Silver & Gold Mines Ltd. (TSE:ASM)’s share price 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 Stock Up 1.4%

The firm’s 50-day simple moving average is C$9.28 and its 200-day simple moving average is C$10.01. The company has a debt-to-equity ratio of 3.03, a quick ratio of 1.29 and a current ratio of 5.78. The company has a market capitalization of C$1.58 billion, a price-to-earnings ratio of 40.86 and a beta of 2.99.

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