Rothschild Wealth LLC Acquires Shares of 350,000 Avino Silver & Gold Mines Ltd. $ASM

Rothschild Wealth LLC acquired a new stake in Avino Silver & Gold Mines Ltd. (NYSE:ASM) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 350,000 shares of the company’s stock, valued at approximately $2,174,000.

Other hedge funds also recently bought and sold shares of the company. Stone House Investment Management LLC grew its position in Avino Silver & Gold Mines by 1,137.6% in the 4th quarter. Stone House Investment Management LLC now owns 4,208 shares of the company’s stock valued at $26,000 after acquiring an additional 3,868 shares during the last quarter. Lodestone Wealth Management LLC bought a new position in Avino Silver & Gold Mines in the 4th quarter valued at $37,000. Banque Cantonale Vaudoise bought a new position in Avino Silver & Gold Mines in the 4th quarter valued at $44,000. Caitong International Asset Management Co. Ltd grew its position in Avino Silver & Gold Mines by 387.0% in the 4th quarter. Caitong International Asset Management Co. Ltd now owns 10,246 shares of the company’s stock valued at $64,000 after acquiring an additional 8,142 shares during the last quarter. Finally, Themes Management Co LLC bought a new position in Avino Silver & Gold Mines in the 4th quarter valued at $75,000. Institutional investors own 3.11% of the company’s stock.

Analysts Set New Price Targets

Several brokerages have commented on ASM. Alliance Global Partners reaffirmed a “buy” rating on shares of Avino Silver & Gold Mines in a research report on Friday, February 20th. Roth Mkm reiterated a “neutral” rating and issued a $8.00 target price on shares of Avino Silver & Gold Mines in a report on Friday, May 15th. Finally, HC Wainwright upped their target price on Avino Silver & Gold Mines to $13.00 and gave the stock a “buy” rating in a report on Thursday, May 14th. 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.com, Avino Silver & Gold Mines presently has a consensus rating of “Moderate Buy” and a consensus target price of $9.92.

Avino Silver & Gold Mines Trading Up 1.8%

Shares of NYSE:ASM opened at $6.95 on Wednesday. The business’s 50-day moving average is $6.86 and its 200 day moving average is $7.22. Avino Silver & Gold Mines Ltd. has a 1 year low of $3.10 and a 1 year high of $11.99. The firm has a market capitalization of $1.18 billion, a P/E ratio of 347.67 and a beta of 1.69. The company has a debt-to-equity ratio of 0.01, a current ratio of 2.36 and a quick ratio of 1.43.

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.