Trek Financial LLC Raises Holdings in Avino Silver & Gold Mines Ltd. $ASM

Trek Financial LLC grew its position in Avino Silver & Gold Mines Ltd. (NYSE:ASM) by 129.7% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 1,046,742 shares of the company’s stock after acquiring an additional 591,121 shares during the quarter. Trek Financial LLC owned 0.69% of Avino Silver & Gold Mines worth $5,495,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also modified their holdings of ASM. Pinion Investment Advisors LLC grew its stake in shares of Avino Silver & Gold Mines by 26.0% in the 3rd quarter. Pinion Investment Advisors LLC now owns 14,230 shares of the company’s stock worth $69,000 after buying an additional 2,940 shares in the last quarter. Global Retirement Partners LLC bought a new stake in shares of Avino Silver & Gold Mines in the 3rd quarter valued at approximately $44,000. Calamos Advisors LLC purchased a new position in shares of Avino Silver & Gold Mines in the 3rd quarter worth approximately $111,000. HBK Sorce Advisory LLC bought a new position in shares of Avino Silver & Gold Mines during the 3rd quarter valued at approximately $68,000. Finally, Sonora Investment Management Group LLC purchased a new stake in Avino Silver & Gold Mines during the 3rd quarter valued at $105,000. 3.11% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

ASM has been the topic of several recent analyst reports. Roth Mkm increased their target price on shares of Avino Silver & Gold Mines from $5.50 to $7.25 and gave the company a “neutral” rating in a research note on Friday. HC Wainwright raised their price objective on shares of Avino Silver & Gold Mines from $7.40 to $12.50 and gave the stock a “buy” rating in a research note on Friday. Zacks Research cut Avino Silver & Gold Mines from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, November 19th. Industrial Alliance Securities set a $8.75 price target on Avino Silver & Gold Mines in a research note on Friday. Finally, Alliance Global Partners reaffirmed a “buy” rating on shares of Avino Silver & Gold Mines in a research report on Friday. Two analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $9.50.

Avino Silver & Gold Mines Stock Up 19.4%

Avino Silver & Gold Mines stock traded up $1.52 during midday trading on Friday, reaching $9.35. The company’s stock had a trading volume of 13,507,053 shares, compared to its average volume of 6,888,837. The stock has a market capitalization of $1.51 billion, a P/E ratio of 467.73 and a beta of 1.60. The company has a debt-to-equity ratio of 0.01, a current ratio of 2.36 and a quick ratio of 1.43. The stock’s 50-day simple moving average is $6.08 and its 200-day simple moving average is $5.00. Avino Silver & Gold Mines Ltd. has a 52-week low of $1.09 and a 52-week high of $9.45.

About Avino Silver & Gold Mines

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.