HC Wainwright Boosts Avino Silver & Gold Mines (NYSE:ASM) Price Target to $1.80

Avino Silver & Gold Mines (NYSE:ASM) had its target price boosted by HC Wainwright from $1.50 to $1.80 in a research note issued to investors on Thursday,Benzinga reports. The firm currently has a buy rating on the stock. HC Wainwright also issued estimates for Avino Silver & Gold Mines’ FY2025 earnings at $0.08 EPS.

ASM has been the subject of a number of other reports. Roth Mkm restated a “buy” rating and set a $1.60 price objective (up from $1.25) on shares of Avino Silver & Gold Mines in a report on Wednesday, July 17th. Alliance Global Partners boosted their price target on 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 Trading Down 7.2 %

NYSE ASM opened at $1.03 on Thursday. The company has a market cap of $144.67 million, a P/E ratio of 51.50 and a beta of 1.97. Avino Silver & Gold Mines has a 12 month low of $0.44 and a 12 month high of $1.56. The company has a debt-to-equity ratio of 0.02, a current ratio of 2.11 and a quick ratio of 1.30. The company has a 50-day moving average of $1.28 and a 200-day moving average of $1.12.

Avino Silver & Gold Mines (NYSE:ASM) last released its earnings results on Tuesday, August 13th. The company reported $0.03 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.02 by $0.01. The firm had revenue of $14.79 million during the quarter, compared to the consensus estimate of $13.50 million. Avino Silver & Gold Mines had a net margin of 6.57% and a return on equity of 12.29%. As a group, equities analysts predict that Avino Silver & Gold Mines will post 0.05 earnings per share for the current year.

Hedge Funds Weigh In On Avino Silver & Gold Mines

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Tidal Investments LLC purchased a new position in Avino Silver & Gold Mines in the 1st quarter worth approximately $1,906,000. Marshall Wace LLP purchased a new position in shares of Avino Silver & Gold Mines in the second quarter valued at $165,000. Rathbones Group PLC purchased a new position in shares of Avino Silver & Gold Mines in the second quarter valued at $135,000. XTX Topco Ltd acquired a new stake in Avino Silver & Gold Mines during the 3rd quarter valued at $100,000. Finally, Jane Street Group LLC increased its stake in Avino Silver & Gold Mines by 276.3% during the 3rd quarter. Jane Street Group LLC now owns 39,184 shares of the company’s stock worth $43,000 after buying an additional 28,771 shares during the period. Institutional investors and hedge funds own 3.11% of the company’s stock.

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.