Bard Associates Inc. reduced its holdings in Avino Silver & Gold Mines Ltd. (NYSE:ASM – Free Report) by 1.9% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 757,599 shares of the company’s stock after selling 15,000 shares during the quarter. Bard Associates Inc.’s holdings in Avino Silver & Gold Mines were worth $833,000 at the end of the most recent quarter.
Several other institutional investors have also bought and sold shares of ASM. Tidal Investments LLC acquired a new position in Avino Silver & Gold Mines in the first quarter worth approximately $1,906,000. Marshall Wace LLP acquired a new position in shares of Avino Silver & Gold Mines in the 2nd quarter worth $165,000. Finally, Rathbones Group PLC acquired a new stake in shares of Avino Silver & Gold Mines during the second quarter worth $135,000. Institutional investors and hedge funds own 3.11% of the company’s stock.
Wall Street Analysts Forecast Growth
ASM has been the subject of a number of research reports. Roth Mkm restated a “buy” rating and set a $1.80 price objective (down from $1.90) on shares of Avino Silver & Gold Mines in a research report on Thursday. HC Wainwright boosted their price target on Avino Silver & Gold Mines from $1.50 to $1.80 and gave the company a “buy” rating in a research note on Thursday. Finally, Alliance Global Partners raised their price objective on shares of Avino Silver & Gold Mines from $1.70 to $2.20 and gave the company a “buy” rating in a research report on Friday, October 18th.
Avino Silver & Gold Mines Stock Down 0.9 %
ASM opened at $1.10 on Friday. The firm has a market cap of $154.51 million, a P/E ratio of 55.53 and a beta of 1.97. The company has a debt-to-equity ratio of 0.02, a quick ratio of 1.30 and a current ratio of 2.11. The business has a 50 day moving average price of $1.28 and a 200 day moving average price of $1.12. Avino Silver & Gold Mines Ltd. has a twelve month low of $0.44 and a twelve month high of $1.56.
Avino Silver & Gold Mines (NYSE:ASM – Get Free Report) last issued its quarterly earnings data on Tuesday, August 13th. The company reported $0.03 earnings per share for the quarter, topping analysts’ consensus estimates of $0.02 by $0.01. Avino Silver & Gold Mines had a net margin of 6.57% and a return on equity of 12.29%. The business had revenue of $14.79 million during the quarter, compared to analysts’ expectations of $13.50 million. Research analysts forecast that Avino Silver & Gold Mines Ltd. will post 0.05 EPS for the current year.
Avino Silver & Gold Mines 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.
See Also
- Five stocks we like better than Avino Silver & Gold Mines
- What is a Special Dividend?
- Top-Performing Non-Leveraged ETFs This Year
- What is the Hang Seng index?
- Rivian’s Wild Ride: Is the Dip a Buying Opportunity?
- Best Aerospace Stocks Investing
- Freshworks Stock Soars 50% – Is This the Perfect Entry Point?
Want to see what other hedge funds are holding ASM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Avino Silver & Gold Mines Ltd. (NYSE:ASM – Free Report).
Receive News & Ratings for Avino Silver & Gold Mines Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Avino Silver & Gold Mines and related companies with MarketBeat.com's FREE daily email newsletter.