SG Americas Securities LLC Buys New Shares in Avino Silver & Gold Mines Ltd. $ASM

SG Americas Securities LLC purchased a new position in shares of Avino Silver & Gold Mines Ltd. (NYSE:ASM) in the 1st quarter, Holdings Channel reports. The firm purchased 543,146 shares of the company’s stock, valued at approximately $3,433,000.

A number of other large investors also recently bought and sold shares of the stock. Caitong International Asset Management Co. Ltd boosted its holdings in shares of Avino Silver & Gold Mines by 1,244.4% in the 4th quarter. Caitong International Asset Management Co. Ltd now owns 28,287 shares of the company’s stock valued at $176,000 after purchasing an additional 26,183 shares during the last quarter. OLD Mission Capital LLC acquired a new stake in shares of Avino Silver & Gold Mines during the 4th quarter worth $86,000. Oxford Asset Management LLP purchased a new position in shares of Avino Silver & Gold Mines in the 4th quarter worth $276,000. Man Group plc boosted its holdings in Avino Silver & Gold Mines by 24.6% in the fourth quarter. Man Group plc now owns 1,217,087 shares of the company’s stock valued at $7,558,000 after acquiring an additional 240,109 shares during the last quarter. Finally, Engineers Gate Manager LP boosted its holdings in Avino Silver & Gold Mines by 10.8% in the fourth quarter. Engineers Gate Manager LP now owns 134,996 shares of the company’s stock valued at $838,000 after acquiring an additional 13,130 shares during the last quarter. Hedge funds and other institutional investors own 3.11% of the company’s stock.

Avino Silver & Gold Mines Price Performance

ASM opened at $6.34 on Wednesday. Avino Silver & Gold Mines Ltd. has a 52-week low of $3.10 and a 52-week high of $11.99. The company has a 50 day moving average of $6.69 and a two-hundred day moving average of $7.27. The company has a market cap of $1.08 billion, a P/E ratio of 317.16 and a beta of 1.69. The company has a quick ratio of 1.43, a current ratio of 2.36 and a debt-to-equity ratio of 0.01.

Wall Street Analysts Forecast Growth

A number of research firms have issued reports on ASM. Roth Mkm reissued a “neutral” rating and set a $8.00 price target on shares of Avino Silver & Gold Mines in a research report on Friday, May 15th. HC Wainwright lifted their price objective on Avino Silver & Gold Mines to $13.00 and gave the company a “buy” rating in a research note on Thursday, May 14th. Two investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $9.92.

Avino Silver & Gold Mines Company Profile

Avino Silver & Gold Mines Ltd. is a Vancouver-based precious metals producer and explorer focused on the mining of silver, gold and copper. The company’s flagship asset is the 100%-owned Avino Mine, situated near the historic town of Avino in the state of Durango, Mexico. Avino’s operations encompass underground and open‐pit mining, milling and tailings reprocessing, delivering a diversified metal output. In addition to silver and gold production, the Avino Mine yields significant copper by-product credits, enhancing overall project economics.

Beyond its core Mexican operations, Avino holds interests in several exploration and development properties across North America.