Avino Silver & Gold Mines (NYSE:ASM – Get Free Report) had its price target boosted by equities researchers at HC Wainwright from $1.50 to $1.60 in a research report issued to clients and investors on Thursday, Benzinga reports. The brokerage presently has a “buy” rating on the stock. HC Wainwright’s target price points to a potential upside of 113.11% from the company’s previous close.
Separately, StockNews.com began coverage on shares of Avino Silver & Gold Mines in a research report on Friday, March 8th. They issued a “sell” rating on the stock.
View Our Latest Stock Analysis on Avino Silver & Gold Mines
Avino Silver & Gold Mines Price Performance
Avino Silver & Gold Mines (NYSE:ASM – Get Free Report) last released its quarterly earnings results on Wednesday, March 20th. The company reported $0.02 EPS for the quarter. Avino Silver & Gold Mines had a net margin of 1.23% and a return on equity of 4.53%. The firm had revenue of $12.53 million during the quarter, compared to analyst estimates of $9.50 million. As a group, sell-side analysts forecast that Avino Silver & Gold Mines will post 0.03 EPS for the current fiscal year.
Hedge Funds Weigh In On Avino Silver & Gold Mines
Institutional investors have recently modified their holdings of the company. Perritt Capital Management Inc. lifted its holdings in shares of Avino Silver & Gold Mines by 300.0% in the 4th quarter. Perritt Capital Management Inc. now owns 800,000 shares of the company’s stock worth $419,000 after acquiring an additional 600,000 shares during the last quarter. Renaissance Technologies LLC boosted its position in Avino Silver & Gold Mines by 48.3% during the second quarter. Renaissance Technologies LLC now owns 1,339,500 shares of the company’s stock valued at $884,000 after buying an additional 436,400 shares during the period. Virtu Financial LLC bought a new stake in shares of Avino Silver & Gold Mines in the 4th quarter valued at about $57,000. Citadel Advisors LLC purchased a new stake in Avino Silver & Gold Mines during the 4th quarter valued at about $47,000. Finally, Millennium Management LLC purchased a new position in Avino Silver & Gold Mines in the 2nd quarter worth approximately $37,000. 3.11% of the stock is currently owned by institutional investors.
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.
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