Avino Silver & Gold Mines Ltd. (NYSE:ASM – Free Report) – Research analysts at HC Wainwright dropped their FY2024 earnings per share (EPS) estimates for shares of Avino Silver & Gold Mines in a research note issued to investors on Thursday, August 15th. HC Wainwright analyst H. Ihle now expects that the company will post earnings of $0.04 per share for the year, down from their prior forecast of $0.05. HC Wainwright has a “Buy” rating and a $1.50 price target on the stock. The consensus estimate for Avino Silver & Gold Mines’ current full-year earnings is $0.05 per share.
ASM has been the subject of a number of other research reports. Roth Mkm reiterated a “buy” rating and set a $1.60 price target (up previously from $1.25) on shares of Avino Silver & Gold Mines in a research note on Wednesday, July 17th. StockNews.com upgraded Avino Silver & Gold Mines from a “sell” rating to a “hold” rating in a research note on Friday, May 10th.
Check Out Our Latest Research Report on ASM
Avino Silver & Gold Mines Price Performance
ASM stock opened at $1.06 on Friday. The company has a market capitalization of $142.84 million, a P/E ratio of 17.85 and a beta of 2.01. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.11 and a current ratio of 1.77. Avino Silver & Gold Mines has a 52-week low of $0.40 and a 52-week high of $1.13. The business has a 50-day simple moving average of $0.98 and a two-hundred day simple moving average of $0.97.
Avino Silver & Gold Mines (NYSE:ASM – Get Free Report) last issued its earnings results on Tuesday, August 13th. The company reported $0.03 EPS for the quarter, beating analysts’ consensus estimates of $0.02 by $0.01. The business had revenue of $14.79 million during the quarter, compared to analyst estimates of $13.50 million. Avino Silver & Gold Mines had a return on equity of 5.39% and a net margin of 3.21%.
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. Perritt Capital Management Inc. boosted its stake in shares of Avino Silver & Gold Mines by 300.0% in the 4th quarter. Perritt Capital Management Inc. now owns 800,000 shares of the company’s stock worth $419,000 after buying an additional 600,000 shares during the last quarter. Tidal Investments LLC purchased a new position in shares of Avino Silver & Gold Mines in the 1st quarter worth approximately $1,906,000. Rathbones Group PLC purchased a new position in shares of Avino Silver & Gold Mines in the 2nd quarter worth approximately $135,000. Finally, Marshall Wace LLP purchased a new position in shares of Avino Silver & Gold Mines in the 2nd quarter worth approximately $165,000. Hedge funds and other institutional investors own 3.11% 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.
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