Avino Silver & Gold Mines (NYSE:ASM) Given “Buy” Rating at HC Wainwright

Avino Silver & Gold Mines (NYSE:ASM)‘s stock had its “buy” rating reaffirmed by stock analysts at HC Wainwright in a report issued on Wednesday,Benzinga reports. They presently have a $1.90 price target on the stock, up from their prior price target of $1.80. HC Wainwright’s target price indicates a potential upside of 66.67% from the stock’s current price.

Several other analysts have also recently commented on the company. Alliance Global Partners raised their target price 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. Roth Mkm reissued a “buy” rating and set a $1.80 price target (down from $1.90) on shares of Avino Silver & Gold Mines in a report on Thursday, November 14th.

Avino Silver & Gold Mines Price Performance

NYSE ASM opened at $1.14 on Wednesday. The company has a 50-day moving average price of $0.95 and a two-hundred day moving average price of $1.11. Avino Silver & Gold Mines has a 52 week low of $0.44 and a 52 week high of $1.56. The stock has a market cap of $160.17 million, a price-to-earnings ratio of 57.03 and a beta of 1.95. The company has a current ratio of 2.36, a quick ratio of 1.43 and a debt-to-equity ratio of 0.01.

Institutional Trading of Avino Silver & Gold Mines

A number of hedge funds and other institutional investors have recently modified their holdings of the company. Jane Street Group LLC lifted its stake in Avino Silver & Gold Mines by 276.3% during the third quarter. Jane Street Group LLC now owns 39,184 shares of the company’s stock valued at $43,000 after purchasing an additional 28,771 shares during the last quarter. XTX Topco Ltd acquired a new stake in shares of Avino Silver & Gold Mines during the 3rd quarter valued at $100,000. Marshall Wace LLP bought a new stake in shares of Avino Silver & Gold Mines during the 2nd quarter worth $165,000. Finally, Tidal Investments LLC grew its holdings in shares of Avino Silver & Gold Mines by 105.2% in the 3rd quarter. Tidal Investments LLC now owns 6,900,224 shares of the company’s stock worth $7,590,000 after acquiring an additional 3,537,466 shares during the last quarter. Institutional investors own 3.11% of the company’s stock.

About Avino Silver & Gold Mines

Avino Silver & Gold Mines Ltd. engages in the mining and exploration activities. It focuses on silver reserves in the Durango region of North Central Mexico. It operates through the Silver, Gold, and Copper segments. The company was founded on May 15, 1968 and is headquartered in Vancouver, Canada.