Avino Silver & Gold Mines Ltd. (NYSEAMERICAN:ASM) was the recipient of a significant decrease in short interest in the month of March. As of March 29th, there was short interest totalling 1,203,252 shares, a decrease of 0.2% from the March 15th total of 1,205,724 shares. Based on an average daily volume of 140,693 shares, the days-to-cover ratio is currently 8.6 days. Currently, 2.8% of the shares of the stock are sold short.
An institutional investor recently raised its position in Avino Silver & Gold Mines stock. OppenheimerFunds Inc. boosted its position in Avino Silver & Gold Mines Ltd. (NYSEAMERICAN:ASM) by 1.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 2,270,000 shares of the basic materials company’s stock after acquiring an additional 42,800 shares during the quarter. OppenheimerFunds Inc. owned 4.31% of Avino Silver & Gold Mines worth $3,042,000 as of its most recent filing with the Securities & Exchange Commission.
ASM opened at $1.42 on Friday. Avino Silver & Gold Mines has a 52 week low of $1.14 and a 52 week high of $1.89.
Several research analysts have recently weighed in on the stock. HC Wainwright set a $3.00 target price on Avino Silver & Gold Mines and gave the company a “buy” rating in a research note on Wednesday, April 4th. Zacks Investment Research raised Avino Silver & Gold Mines from a “strong sell” rating to a “hold” rating in a research note on Wednesday, January 10th. Finally, Noble Financial reissued a “buy” rating on shares of Avino Silver & Gold Mines in a research note on Tuesday, January 16th.
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Avino Silver & Gold Mines Company Profile
Avino Silver & Gold Mines Ltd. engages in the production and sale of silver, gold, and copper; and the acquisition, exploration, and advancement of mineral properties. The company owns 42 mineral claims and leases 4 mineral claims in the state of Durango, Mexico. It also holds 100% interests in the Bralorne mine; and the Minto and Olympic-Kelvin properties located in the Lillooet Mining Division, British Columbia, Canada, as well as in the Eagle property located in the Mayo Mining Division of Yukon, Canada.
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