Avino Silver & Gold Mines (ASM) Set to Announce Earnings on Tuesday

Avino Silver & Gold Mines (TSE:ASM) will issue its quarterly earnings data after the market closes on Tuesday, November 12th. Analysts expect the company to announce earnings of C$0.03 per share for the quarter.

Avino Silver & Gold Mines (TSE:ASM) last posted its quarterly earnings data on Tuesday, August 13th. The company reported C$0.04 earnings per share for the quarter, beating analysts’ consensus estimates of C$0.03 by C$0.01. Avino Silver & Gold Mines had a net margin of 3.07% and a return on equity of 1.51%. The business had revenue of C$20.23 million for the quarter, compared to analysts’ expectations of C$18.48 million.

Avino Silver & Gold Mines Price Performance

ASM stock opened at C$1.68 on Tuesday. The stock has a market cap of C$226.97 million, a PE ratio of 168.00 and a beta of 2.02. Avino Silver & Gold Mines has a 12 month low of C$0.57 and a 12 month high of C$2.15. The company has a 50-day moving average price of C$1.58 and a 200 day moving average price of C$1.38. The company has a current ratio of 2.11, a quick ratio of 1.29 and a debt-to-equity ratio of 3.20.

Insider Activity

In related news, Senior Officer Trevitt Jennifer sold 25,000 shares of the firm’s stock in a transaction dated Wednesday, September 25th. The shares were sold at an average price of C$1.59, for a total value of C$39,750.00. In other Avino Silver & Gold Mines news, Senior Officer Peter Latta sold 40,000 shares of the company’s stock in a transaction on Thursday, October 10th. The stock was sold at an average price of C$1.60, for a total value of C$64,000.00. Also, Senior Officer Trevitt Jennifer sold 25,000 shares of the stock in a transaction on Wednesday, September 25th. The stock was sold at an average price of C$1.59, for a total value of C$39,750.00. Insiders own 1.94% of the company’s stock.

Analyst Upgrades and Downgrades

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

About Avino Silver & Gold Mines

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.