Avino Silver & Gold Mines (TSE:ASM) Shares Down 9.5% – Time to Sell?

Avino Silver & Gold Mines Ltd. (TSE:ASM) was down 9.5% during mid-day trading on Thursday . The stock traded as low as C$7.90 and last traded at C$7.96. 733,649 shares were traded during trading, a decline of 25% from the average session volume of 982,706 shares. The stock had previously closed at C$8.80.

Avino Silver & Gold Mines Price Performance

The firm has a market capitalization of C$1.40 billion, a PE ratio of 36.27 and a beta of 3.15. The company has a debt-to-equity ratio of 3.03, a quick ratio of 1.29 and a current ratio of 5.78. The stock has a fifty day moving average price of C$8.96 and a 200-day moving average price of C$9.98.

Avino Silver & Gold Mines (TSE:ASM) last issued its quarterly earnings data on Wednesday, May 13th. The company reported C$0.20 earnings per share for the quarter. Avino Silver & Gold Mines had a return on equity of 17.62% and a net margin of 33.31%.The firm had revenue of C$54.82 million during the quarter. Sell-side analysts forecast that Avino Silver & Gold Mines Ltd. will post 0.0949153 EPS for the current fiscal year.

Avino Silver & Gold Mines Company Profile

Avino is a silver producer from its wholly owned Avino Mine near Durango, Mexico. The Company’s silver, gold and copper production remains unhedged. The Company intends to maintain long-term sustainable and profitable mining operations to reward shareholders and the community alike through our growth at the historic Avino Property and the strategic acquisition of the adjacent La Preciosa which was finalized in Q1 2022. Early in 2024, the Pre-feasibility Study on the Oxide Tailings Project was completed.