Avino Silver & Gold Mines (TSE:ASM) Trading Up 9.6% – Time to Buy?

Avino Silver & Gold Mines Ltd. (TSE:ASM) traded up 9.6% during mid-day trading on Wednesday . The company traded as high as C$1.49 and last traded at C$1.49. 159,964 shares traded hands during mid-day trading, an increase of 109% from the average session volume of 76,430 shares. The stock had previously closed at C$1.36.

Wall Street Analyst Weigh In

Separately, Alliance Global Partners raised shares of Avino Silver & Gold Mines to a “strong-buy” rating in a research report on Friday, October 18th.

Avino Silver & Gold Mines Stock Performance

The company has a current ratio of 2.11, a quick ratio of 1.29 and a debt-to-equity ratio of 3.20. The firm’s fifty day moving average price is C$1.46 and its 200 day moving average price is C$1.48. The firm has a market capitalization of C$213.46 million, a PE ratio of 158.00 and a beta of 2.02.

Insider Buying and Selling at Avino Silver & Gold Mines

In related news, Senior Officer Trevitt Jennifer sold 25,000 shares of the firm’s stock in a transaction that occurred on Thursday, November 21st. The shares were sold at an average price of C$1.58, for a total transaction of C$39,500.00. Corporate insiders own 1.94% 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.