Avino Silver & Gold Mines’ (ASM) “Buy” Rating Reiterated at HC Wainwright

Avino Silver & Gold Mines (NYSE:ASM)‘s stock had its “buy” rating reissued by equities researchers at HC Wainwright in a research report issued to clients and investors on Wednesday,Benzinga reports. They currently have a $1.90 price objective on the stock, up from their prior price objective of $1.80. HC Wainwright’s target price would indicate a potential upside of 66.67% from the company’s current price.

A number of other research analysts also recently commented on ASM. Roth Mkm reissued a “buy” rating and issued a $1.80 price target (down previously from $1.90) on shares of Avino Silver & Gold Mines in a report on Thursday, November 14th. Alliance Global Partners increased their target price on Avino Silver & Gold Mines from $1.70 to $2.20 and gave the company a “buy” rating in a research note on Friday, October 18th.

Avino Silver & Gold Mines Stock Performance

NYSE:ASM opened at $1.14 on Wednesday. The firm has a 50-day moving average of $0.95 and a two-hundred day moving average of $1.11. The company has a debt-to-equity ratio of 0.01, a current ratio of 2.36 and a quick ratio of 1.43. The stock has a market cap of $160.17 million, a P/E ratio of 57.03 and a beta of 1.95. Avino Silver & Gold Mines has a 1-year low of $0.44 and a 1-year high of $1.56.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in the company. Jane Street Group LLC grew its position 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 valued at $43,000 after buying an additional 28,771 shares during the last quarter. XTX Topco Ltd bought a new position in shares of Avino Silver & Gold Mines during the third quarter valued at approximately $100,000. Marshall Wace LLP bought a new position in shares of Avino Silver & Gold Mines during the second quarter valued at approximately $165,000. Finally, Tidal Investments LLC raised its position in shares of Avino Silver & Gold Mines by 105.2% during the 3rd quarter. Tidal Investments LLC now owns 6,900,224 shares of the company’s stock worth $7,590,000 after purchasing an additional 3,537,466 shares during the period. 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.