Roth Mkm reaffirmed their buy rating on shares of Avino Silver & Gold Mines (NYSE:ASM – Free Report) in a research report report published on Thursday,Benzinga reports. They currently have a $1.80 price objective on the stock, down from their previous price objective of $1.90.
Several other research firms also recently commented on ASM. Alliance Global Partners raised their price objective on Avino Silver & Gold Mines from $1.70 to $2.20 and gave the stock a “buy” rating in a research note on Friday, October 18th. HC Wainwright increased their price objective on shares of Avino Silver & Gold Mines from $1.50 to $1.80 and gave the stock a “buy” rating in a research note on Thursday.
Get Our Latest Stock Report on ASM
Avino Silver & Gold Mines Stock Performance
Avino Silver & Gold Mines (NYSE:ASM – Get Free Report) last announced its earnings results on Tuesday, August 13th. The company reported $0.03 EPS for the quarter, beating 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. As a group, equities analysts anticipate 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
Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Rathbones Group PLC purchased a new position in shares of Avino Silver & Gold Mines in the second quarter valued at $135,000. Marshall Wace LLP purchased a new position in Avino Silver & Gold Mines in the second quarter worth about $165,000. Finally, Tidal Investments LLC bought a new stake in shares of Avino Silver & Gold Mines in the 1st quarter valued at approximately $1,906,000. 3.11% of the stock is owned by institutional investors.
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 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.
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