HC Wainwright Issues Positive Forecast for Avino Silver & Gold Mines (NYSE:ASM) Stock Price

Avino Silver & Gold Mines (NYSE:ASM) had its price target raised by HC Wainwright from $1.50 to $1.80 in a research note released on Thursday morning,Benzinga reports. They currently have a buy rating on the stock. HC Wainwright also issued estimates for Avino Silver & Gold Mines’ FY2025 earnings at $0.08 EPS.

Other research analysts have also recently issued research reports about the stock. Roth Mkm restated a “buy” rating and set a $1.60 target price (up previously from $1.25) on shares of Avino Silver & Gold Mines in a report on Wednesday, July 17th. Alliance Global Partners increased their price target on Avino Silver & Gold Mines from $1.70 to $2.20 and gave the company a “buy” rating in a research report on Friday, October 18th.

Avino Silver & Gold Mines Stock Performance

Shares of Avino Silver & Gold Mines stock opened at $1.03 on Thursday. The firm has a market cap of $144.67 million, a price-to-earnings ratio of 51.53 and a beta of 1.97. The company has a 50 day moving average price of $1.28. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.30 and a current ratio of 2.36. Avino Silver & Gold Mines has a 52-week low of $0.44 and a 52-week high of $1.56.

Hedge Funds Weigh In On Avino Silver & Gold Mines

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Tidal Investments LLC bought a new position in shares of Avino Silver & Gold Mines in the first quarter valued at about $1,906,000. Marshall Wace LLP acquired a new position in Avino Silver & Gold Mines in the 2nd quarter valued at about $165,000. Rathbones Group PLC acquired a new position in Avino Silver & Gold Mines in the 2nd quarter valued at about $135,000. XTX Topco Ltd bought a new position in Avino Silver & Gold Mines in the 3rd quarter valued at about $100,000. Finally, Jane Street Group LLC lifted its position in Avino Silver & Gold Mines by 276.3% during the third quarter. Jane Street Group LLC now owns 39,184 shares of the company’s stock worth $43,000 after acquiring an additional 28,771 shares during the last quarter. 3.11% of the stock is owned by 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.