Avino Silver & Gold Mines Ltd. (AMEX:ASM) does about 352.82K shares in volume on a normal day but saw 434526 shares change hands in Friday trading. The company now has a market cap of 87.11M USD. Its current market price is $0.73, marking an increase of 0.50% compared to the previous close of $0.73. The 52 week high reached by this stock is $1.06 whilst the lowest price level in 52 weeks is $0.47. The script in recent trading has seen the stock touch a high of $0.76 and a low of $0.72.
Avino Silver & Gold Mines Ltd. (ASM) has a 20-day trading average at $0.7655 and the current price is -31.13% off the 52-week high compared with 53.68% distance from its 52-week low. The 50-day simple moving average of the closing price is $0.7406 and its 200-day simple moving average is $0.6427. If we look at the stock’s price movements over the week, volatility stands at 5.91%, which decreases to 4.11% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 45.30 to suggest the stock is neutral.
4 analysts observing the Avino Silver & Gold Mines Ltd. (ASM) stock have set the 12-month price targets for the company’s shares at between $1.25 and $2.00. The median price target is 59.44% away from the current levels at $1.80.
FactSet Research has provided data showing that 4 brokerages have issued ratings for the stock. 0 analysts have rated it as a sell, while 0 advise that it is a overweight. 4 analysts have rated it as a buy and 0 have advised that investors hold their positions. The consensus recommendation rating is Buy and Wall Street’s advice is for investors to Moderate Buy the stock.
Rodman & Renshaw reiterated its price target at $3.50-$4.
The current price level is -5.38%, -1.25%, and 13.60% away from its SMA20, SMA50, and SMA200 respectively, with the ASM price moving above the 50-day SMA on February 17. Avino Silver & Gold Mines Ltd. (ASM) stock is down -2.01% over the week and -10.43% over the past month. Its price is 7.34% year-to-date and -9.88% over the past year.
The stock last released its quarterly earnings report for quarter ended 9/29/2022, with the company’s earnings per share (EPS) of -$0.01 below consensus estimates by -$0.03. The company’s next earnings report is expected on 05/10/2023, with forecasts estimating quarterly EPS at $0.01 and $0.03 for whole year. ASM’s earnings per share are forecast to grow by 250.00% this year and 166.70% over next year. Expected sales for next quarter are $10.3 million, which analysts say will come at $41.93 million for the current fiscal year and next year at $52.67 million. In addition, estimates put the company’s current quarterly revenue at an average of $12.38 million.
Its 12-month price target is $1.80. Of course, the average price target is just what the average analysts believe a stock will be worth in the next 52 weeks, and is only one metric. There are analysts with lower targets than the average, including one bearish Wall Street research firm advocating investors to wait for the price to pull back to $1.25, given the recent momentum. And then, on the bullish side of things, one analyst is expecting the stock to peak at $2.00.
Outstanding shares total 117.88M with insiders holding 15.61% of the shares and institutional holders owning 2.43% of the company’s common stock. The price to earnings ratio (P/E ratio) amounts to 14.60 while the forward price to earnings ratio is 9.13. The beta has a value of 1.68. Price to book ratio is 0.89 and price to sales ratio is 2.24.
According to a U.S. Securities and Exchange Commission filing, SafePort Silver Mining Fund has added its position in Avino Silver & Gold Mines Ltd. (ASM) to 450,000 shares, mirroring a recent increase by 125.00%. SafePort Silver Mining Fund added 0.25 million shares of Avino Silver & Gold Mines Ltd. common stock bringing its total worth to about $0.35 million at the end of recent close, SEC documents show. SafePort Silver Mining Fund isn’t the only investment manager who changed stakes and is followed by WS Charteris Gold & Precious Meta, which added 0.13 million shares to end up with 362,000 shares worth $0.28 million.
