Avino Silver & Gold Mines (NYSE:ASM) Given New $2.20 Price Target at HC Wainwright

Avino Silver & Gold Mines (NYSE:ASM) had its target price increased by HC Wainwright from $1.90 to $2.20 in a report published on Wednesday,Benzinga reports. HC Wainwright currently has a buy rating on the stock.

Separately, Roth Mkm reaffirmed a “buy” rating and issued a $1.80 price objective (down from $1.90) on shares of Avino Silver & Gold Mines in a research note on Thursday, November 14th.

Avino Silver & Gold Mines Price Performance

NYSE ASM traded up $0.27 during trading hours on Wednesday, hitting $1.68. 5,349,742 shares of the company’s stock traded hands, compared to its average volume of 1,624,953. The firm’s 50-day moving average is $1.35 and its 200-day moving average is $1.14. The company has a market capitalization of $235.95 million, a PE ratio of 83.79 and a beta of 1.87. The company has a debt-to-equity ratio of 0.01, a current ratio of 2.36 and a quick ratio of 1.43. Avino Silver & Gold Mines has a 52-week low of $0.53 and a 52-week high of $1.68.

Hedge Funds Weigh In On Avino Silver & Gold Mines

A number of hedge funds and other institutional investors have recently modified their holdings of ASM. Jane Street Group LLC increased its stake in shares of Avino Silver & Gold Mines by 276.3% during the 3rd quarter. Jane Street Group LLC now owns 39,184 shares of the company’s stock worth $43,000 after purchasing an additional 28,771 shares during the last quarter. Mariner LLC bought a new stake in Avino Silver & Gold Mines in the 4th quarter valued at $41,000. Sprott Inc. lifted its position in shares of Avino Silver & Gold Mines by 37.4% during the 4th quarter. Sprott Inc. now owns 251,400 shares of the company’s stock worth $221,000 after buying an additional 68,400 shares during the period. Two Sigma Advisers LP bought a new stake in Avino Silver & Gold Mines during the fourth quarter worth about $67,000. Finally, XTX Topco Ltd boosted its stake in Avino Silver & Gold Mines by 83.3% in the fourth quarter. XTX Topco Ltd now owns 166,641 shares of the company’s stock worth $147,000 after purchasing an additional 75,750 shares in the last quarter. Institutional investors and hedge funds own 3.11% of the company’s stock.

Avino Silver & Gold Mines Company Profile

Avino Silver & Gold Mines Ltd. engages in the mining and exploration activities. It focuses on silver reserves in the Durango region of North Central Mexico. It operates through the Silver, Gold, and Copper segments. The company was founded on May 15, 1968 and is headquartered in Vancouver, Canada.