Avino Silver & Gold Mines Ltd (ASM) Rating Increased to Buy at Zacks Investment Research
Avino Silver & Gold Mines Ltd (NYSEMKT:ASM) was upgraded by Zacks Investment Research from a “hold” rating to a “buy” rating in a research note issued on Tuesday. The brokerage currently has a $2.00 price objective on the stock. Zacks Investment Research’s price objective would indicate a potential upside of 2.56% from the stock’s previous close.
According to Zacks, “Avino Silver & Gold Mines Ltd. is engaged in exploration and development of mineral properties. The company primarily explores for silver along with gold, copper and lead. Its properties are mainly located in British Columbia, the Yukon Territory, Mexico and Canada. Avino Silver & Gold Mines Ltd. is headquartered in Vancouver, Canada. “
A number of other analysts have also issued reports on the stock. Noble Financial lifted their price objective on shares of Avino Silver & Gold Mines from $2.50 to $3.25 and gave the company a “buy” rating in a research note on Wednesday, July 6th. TheStreet downgraded shares of Avino Silver & Gold Mines from a “hold” rating to a “sell” rating in a research report on Monday, September 12th. One research analyst has rated the stock with a sell rating and four have assigned a buy rating to the company’s stock. Avino Silver & Gold Mines currently has a consensus rating of “Buy” and a consensus price target of $2.36.
This story is the sole property of American Banking News and it was originally published by American Banking News. If you are reading this story on another website, that means this article was illegally copied and re-published to this website in violation of U.S. and International copyright law. The original version of this article is available at http://www.americanbankingnews.com/2016/10/18/avino-silver-gold-mines-ltd-asm-rating-increased-to-buy-at-zacks-investment-research.html
Avino Silver & Gold Mines (NYSEMKT:ASM) traded up 7.73% on Tuesday, reaching $1.95. 300,740 shares of the company’s stock traded hands. The stock has a 50-day moving average of $2.09 and a 200 day moving average of $2.03. Avino Silver & Gold Mines has a 52 week low of $0.71 and a 52 week high of $3.14. The firm’s market capitalization is $86.76 million.
About Avino Silver & Gold Mines
Avino Silver & Gold Mines Ltd. is a resource company. The Company is focused on silver, gold, and copper exploration, extraction and processing. It extracts resources and processes a bulk concentrate at the San Gonzalo Mine and a copper concentrate from the Avino Mine, both of which are located on the Avino property in Durango, Mexico.
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Receive News & Ratings for Avino Silver & Gold Mines Ltd Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Avino Silver & Gold Mines Ltd and related companies with MarketBeat.com's FREE daily email newsletter.