Alliance Global Partners Boosts Avino Silver & Gold Mines (NYSE:ASM) Price Target to $2.20

Avino Silver & Gold Mines (NYSE:ASM) had its price target hoisted by Alliance Global Partners from $1.70 to $2.20 in a report published on Friday, Benzinga reports. They currently have a buy rating on the stock.

ASM has been the subject of a number of other reports. Roth Mkm reiterated a “buy” rating and issued a $1.60 price target (up from $1.25) on shares of Avino Silver & Gold Mines in a research note on Wednesday, July 17th. HC Wainwright reissued a “buy” rating and set a $1.50 price target on shares of Avino Silver & Gold Mines in a research note on Friday.

Avino Silver & Gold Mines Stock Performance

Avino Silver & Gold Mines stock opened at $1.45 on Friday. The company has a quick ratio of 1.30, a current ratio of 2.11 and a debt-to-equity ratio of 0.02. The stock has a market cap of $195.40 million, a PE ratio of 15.50 and a beta of 2.00. Avino Silver & Gold Mines has a 12-month low of $0.40 and a 12-month high of $1.49. The business’s 50-day moving average price is $1.17 and its two-hundred day moving average price is $1.05.

Avino Silver & Gold Mines (NYSE:ASM) last released its quarterly earnings data on Tuesday, August 13th. The company reported $0.03 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.02 by $0.01. The business had revenue of $14.79 million during the quarter, compared to analysts’ expectations of $13.50 million. Avino Silver & Gold Mines had a net margin of 3.07% and a return on equity of 9.26%. As a group, analysts expect that Avino Silver & Gold Mines will post 0.04 earnings per share for the current fiscal year.

Institutional Trading of Avino Silver & Gold Mines

Several institutional investors have recently modified their holdings of ASM. Tidal Investments LLC bought a new position in Avino Silver & Gold Mines during the 1st quarter worth $1,906,000. Rathbones Group PLC acquired a new stake in shares of Avino Silver & Gold Mines in the second quarter valued at about $135,000. Finally, Marshall Wace LLP bought a new position in shares of Avino Silver & Gold Mines during the second quarter worth about $165,000. Institutional investors 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.