Tidal Investments LLC Acquires 3,537,466 Shares of Avino Silver & Gold Mines Ltd. (NYSE:ASM)

Tidal Investments LLC boosted its stake in shares of Avino Silver & Gold Mines Ltd. (NYSE:ASM) by 105.2% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 6,900,224 shares of the company’s stock after purchasing an additional 3,537,466 shares during the quarter. Tidal Investments LLC owned about 4.91% of Avino Silver & Gold Mines worth $7,590,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Marshall Wace LLP bought a new stake in shares of Avino Silver & Gold Mines during the 2nd quarter worth about $165,000. Rathbones Group PLC bought a new stake in shares of Avino Silver & Gold Mines during the second quarter worth approximately $135,000. XTX Topco Ltd bought a new position in shares of Avino Silver & Gold Mines during the third quarter worth approximately $100,000. Finally, Jane Street Group LLC lifted its holdings 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 purchasing an additional 28,771 shares during the last quarter. 3.11% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on ASM. HC Wainwright boosted their target price on shares of Avino Silver & Gold Mines from $1.50 to $1.80 and gave the company a “buy” rating in a research report on Thursday, November 14th. Roth Mkm reissued a “buy” rating and set a $1.80 price target (down previously from $1.90) on shares of Avino Silver & Gold Mines in a research report on Thursday, November 14th. Finally, Alliance Global Partners lifted their price objective on Avino Silver & Gold Mines from $1.70 to $2.20 and gave the company a “buy” rating in a report on Friday, October 18th.

Avino Silver & Gold Mines Price Performance

Avino Silver & Gold Mines stock opened at $1.10 on Friday. The stock has a fifty day moving average of $1.11 and a 200-day moving average of $1.16. The stock has a market capitalization of $154.53 million, a P/E ratio of 55.03 and a beta of 1.91. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.43 and a current ratio of 2.36. Avino Silver & Gold Mines Ltd. has a 52 week low of $0.44 and a 52 week high of $1.56.

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.