Avino Silver & Gold Mines (NYSEAMERICAN:ASM) Receives Buy Rating from HC Wainwright

HC Wainwright reiterated their buy rating on shares of Avino Silver & Gold Mines (NYSEAMERICAN:ASM) in a report released on Tuesday, AnalystRatings.com reports. They currently have a $1.50 price target on the basic materials company’s stock.

ASM has been the subject of a number of other research reports. TheStreet cut shares of Avino Silver & Gold Mines from a c- rating to a d+ rating in a research note on Tuesday, November 12th. Zacks Investment Research cut shares of Avino Silver & Gold Mines from a hold rating to a strong sell rating in a research note on Wednesday, January 22nd.

Shares of NYSEAMERICAN:ASM opened at $0.51 on Tuesday. Avino Silver & Gold Mines has a 12 month low of $0.39 and a 12 month high of $0.81.

An institutional investor recently raised its position in Avino Silver & Gold Mines stock. Renaissance Technologies LLC grew its stake in Avino Silver & Gold Mines Ltd (NYSEAMERICAN:ASM) by 33.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 434,138 shares of the basic materials company’s stock after buying an additional 107,831 shares during the period. Renaissance Technologies LLC owned approximately 0.56% of Avino Silver & Gold Mines worth $251,000 at the end of the most recent reporting period.

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 gold, silver, and copper deposits. The company owns interests in 42 mineral claims and 4 leased mineral claims comprising Avino mine area property comprising 4 concessions covering 154.4 hectares, 24 exploitation concessions covering 1,284.7 hectares, and 1 leased exploitation concession covering 98.83 hectares; Gomez Palacio property comprises 9 exploration concessions covering 2,549 hectares; Santiago Papasquiaro property comprising 4 exploration concessions covering 2,552.6 hectares and 1 exploitation concession covering 602.9 hectares; and Unification La Platosa properties comprising 3 leased concessions located in the state of Durango, Mexico.

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