Avino Silver & Gold Mines Ltd. (NYSE:ASM – Get Rating) – Research analysts at HC Wainwright upped their FY2023 earnings estimates for Avino Silver & Gold Mines in a report released on Thursday, June 22nd. HC Wainwright analyst H. Ihle now forecasts that the company will earn $0.08 per share for the year, up from their prior estimate of $0.06. The consensus estimate for Avino Silver & Gold Mines’ current full-year earnings is $0.07 per share.
Avino Silver & Gold Mines (NYSE:ASM – Get Rating) last posted its earnings results on Thursday, May 11th. The company reported $0.01 EPS for the quarter, meeting analysts’ consensus estimates of $0.01. The firm had revenue of $9.83 million for the quarter, compared to analysts’ expectations of $11.00 million. Avino Silver & Gold Mines had a return on equity of 8.15% and a net margin of 4.88%.
Avino Silver & Gold Mines Stock Down 1.5 %
Shares of ASM opened at $0.66 on Monday. The firm has a market cap of $78.22 million, a P/E ratio of 32.83 and a beta of 1.78. Avino Silver & Gold Mines has a 12 month low of $0.48 and a 12 month high of $1.01. The stock’s 50 day moving average is $0.70 and its two-hundred day moving average is $0.71. The company has a current ratio of 1.38, a quick ratio of 0.81 and a debt-to-equity ratio of 0.02.
Institutional Trading of Avino Silver & Gold Mines
A number of institutional investors and hedge funds have recently modified their holdings of the stock. Millennium Management LLC purchased a new position in Avino Silver & Gold Mines in the 2nd quarter valued at $37,000. Jane Street Group LLC raised its position in shares of Avino Silver & Gold Mines by 378.3% in the first quarter. Jane Street Group LLC now owns 57,470 shares of the company’s stock valued at $51,000 after buying an additional 45,454 shares during the last quarter. Virtu Financial LLC lifted its stake in shares of Avino Silver & Gold Mines by 25.9% in the first quarter. Virtu Financial LLC now owns 111,626 shares of the company’s stock worth $105,000 after buying an additional 22,934 shares in the last quarter. Finally, Renaissance Technologies LLC boosted its position in Avino Silver & Gold Mines by 45.5% during the second quarter. Renaissance Technologies LLC now owns 596,133 shares of the company’s stock worth $323,000 after acquiring an additional 186,433 shares during the last quarter. Hedge funds and other institutional investors own 1.91% of the company’s stock.
Avino Silver & Gold Mines Company Profile
Avino Silver & Gold Mines Ltd., together with its subsidiaries, engages in the acquisition, exploration, and advancement of mineral properties in Canada. It primarily explores for silver, gold, and copper deposits. The company owns interests in 42 mineral claims and four leased mineral claims, including Avino mine area property comprising four exploration concessions covering 154.4 hectares, 24 exploitation concessions covering 1,284.7 hectares, and one leased exploitation concession covering 98.83 hectares; Gomez Palacio property consists of nine exploration concessions covering 2,549 hectares; Santiago Papasquiaro property comprises four exploration concessions covering 2,552.6 hectares and one exploitation concession covering 602.9 hectares; and Unification La Platosa properties, which include three leased concessions located in the state of Durango, Mexico.
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