Avino Silver & Gold Mines Ltd (ASM) Upgraded by Zacks Investment Research to Buy
Avino Silver & Gold Mines Ltd (NYSEMKT:ASM) was upgraded by Zacks Investment Research from a “hold” rating to a “buy” rating in a note issued to investors on Tuesday. The firm presently has a $2.00 target price on the stock. Zacks Investment Research’s price target 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. “
Several other research analysts have also issued reports on ASM. Noble Financial raised their target price on Avino Silver & Gold Mines from $2.50 to $3.25 and gave the stock a “buy” rating in a research report on Wednesday, July 6th. TheStreet lowered Avino Silver & Gold Mines from a “hold” rating to a “sell” rating in a research report on Monday, September 12th. One equities research analyst has rated the stock with a sell rating and four have issued a buy rating to the stock. The stock has a consensus rating of “Buy” and a consensus price target of $2.36.
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Avino Silver & Gold Mines (NYSEMKT:ASM) traded up 7.73% on Tuesday, reaching $1.95. The company’s stock had a trading volume of 300,740 shares. Avino Silver & Gold Mines has a 52-week low of $0.71 and a 52-week high of $3.14. The firm’s 50-day moving average price is $2.09 and its 200-day moving average price is $2.03. The stock’s market cap is $86.76 million.
Avino Silver & Gold Mines Company Profile
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.
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