Avino Silver & Gold Mines (NYSE:ASM) Given Buy Rating at HC Wainwright

HC Wainwright restated their buy rating on shares of Avino Silver & Gold Mines (NYSE:ASM) in a report released on Friday, MarketBeat.com reports. HC Wainwright currently has a $1.50 price target on the stock.

Separately, Roth Mkm reiterated a “buy” rating and issued a $1.60 target price (up from $1.25) on shares of Avino Silver & Gold Mines in a research note on Wednesday, July 17th.

Avino Silver & Gold Mines Trading Up 9.7 %

NYSE:ASM opened at $1.36 on Friday. The company has a market cap of $183.27 million, a P/E ratio of 15.50 and a beta of 2.00. Avino Silver & Gold Mines has a 1 year low of $0.40 and a 1 year high of $1.39. The company has a debt-to-equity ratio of 0.02, a current ratio of 2.11 and a quick ratio of 1.30. The stock’s fifty day moving average price is $1.15 and its two-hundred day moving average price is $1.05.

Avino Silver & Gold Mines (NYSE:ASM) last issued its earnings results on Tuesday, August 13th. The company reported $0.03 EPS for the quarter, topping the consensus estimate of $0.02 by $0.01. Avino Silver & Gold Mines had a return on equity of 9.26% and a net margin of 3.07%. The business had revenue of $14.79 million during the quarter, compared to the consensus estimate of $13.50 million. As a group, analysts expect that Avino Silver & Gold Mines will post 0.04 EPS for the current year.

Institutional Investors Weigh In On Avino Silver & Gold Mines

Institutional investors and hedge funds have recently bought and sold shares of the stock. Rathbones Group PLC purchased a new position in Avino Silver & Gold Mines in the 2nd quarter worth approximately $135,000. Marshall Wace LLP bought a new stake in shares of Avino Silver & Gold Mines during the 2nd quarter worth $165,000. Finally, Tidal Investments LLC purchased a new position in Avino Silver & Gold Mines in the first quarter worth $1,906,000. 3.11% of the stock is owned by hedge funds and other institutional investors.

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.