Avino Silver and Gold Mines Ltd (ASM) Given Average Rating of “Buy” by Analysts
Avino Silver and Gold Mines Ltd (NYSEMKT:ASM) has been given a consensus rating of “Buy” by the six brokerages that are covering the company, Marketbeat Ratings reports. Two analysts have rated the stock with a hold recommendation and four have given a buy recommendation to the company. The average 1-year price target among brokerages that have updated their coverage on the stock in the last year is $4.33.
A number of equities analysts recently issued reports on ASM shares. Zacks Investment Research cut Avino Silver and Gold Mines from a “buy” rating to a “hold” rating in a report on Monday, August 7th. HC Wainwright restated a “buy” rating and issued a $4.00 target price on shares of Avino Silver and Gold Mines in a report on Tuesday, August 15th. Finally, Noble Financial restated a “buy” rating on shares of Avino Silver and Gold Mines in a report on Friday, August 4th.
Shares of Avino Silver and Gold Mines (ASM) traded up 0.62% on Friday, reaching $1.61. 142,651 shares of the company’s stock traded hands. Avino Silver and Gold Mines has a 52 week low of $1.12 and a 52 week high of $2.59. The firm has a market capitalization of $84.45 million, a P/E ratio of 21.47 and a beta of 1.24. The firm’s 50 day moving average is $1.68 and its 200 day moving average is $1.64.
An institutional investor recently bought a new position in Avino Silver and Gold Mines stock. OppenheimerFunds Inc. purchased a new stake in shares of Avino Silver and Gold Mines Ltd (NYSEMKT:ASM) during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 1,347,200 shares of the basic materials company’s stock, valued at approximately $2,358,000.
TRADEMARK VIOLATION WARNING: This piece was originally reported by American Banking News and is owned by of American Banking News. If you are viewing this piece on another website, it was illegally stolen and reposted in violation of US & international trademark and copyright law. The correct version of this piece can be read at https://www.americanbankingnews.com/2017/09/24/avino-silver-and-gold-mines-ltd-asm-given-average-rating-of-buy-by-analysts.html.
Avino Silver and Gold Mines Company Profile
Avino Silver and Gold Mines Ltd is a Canada-based resource company. It 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.
Receive News & Ratings for Avino Silver and 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 and Gold Mines Ltd and related companies with MarketBeat.com's FREE daily email newsletter.