Tidal Investments LLC Raises Stock Holdings in Avino Silver & Gold Mines Ltd. (NYSE:ASM)

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

Several other hedge funds have also recently bought and sold shares of the company. 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. XTX Topco Ltd purchased a new stake in Avino Silver & Gold Mines during the 3rd quarter worth about $100,000. Rathbones Group PLC acquired a new stake in Avino Silver & Gold Mines in the 2nd quarter valued at about $135,000. Finally, Marshall Wace LLP purchased a new position in shares of Avino Silver & Gold Mines in the 2nd quarter valued at about $165,000. Institutional investors and hedge funds own 3.11% of the company’s stock.

Avino Silver & Gold Mines Trading Down 6.0 %

Shares of Avino Silver & Gold Mines stock opened at $1.10 on Friday. The company has a current ratio of 2.36, a quick ratio of 1.43 and a debt-to-equity ratio of 0.01. The company has a fifty day simple moving average of $1.11 and a 200-day simple moving average of $1.16. The stock has a market cap of $154.53 million, a price-to-earnings ratio of 55.03 and a beta of 1.91. Avino Silver & Gold Mines Ltd. has a 12-month low of $0.44 and a 12-month high of $1.56.

Analyst Upgrades and Downgrades

Several analysts recently weighed in on the stock. Roth Mkm reaffirmed a “buy” rating and issued a $1.80 target price (down previously from $1.90) on shares of Avino Silver & Gold Mines in a report on Thursday, November 14th. Alliance Global Partners boosted their target price on shares of 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. Finally, HC Wainwright raised 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, November 14th.

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.