Avino Silver & Gold Mines’ (ASM) Buy Rating Reaffirmed at HC Wainwright

Avino Silver & Gold Mines (NYSEAMERICAN:ASM)‘s stock had its “buy” rating restated by analysts at HC Wainwright in a research report issued on Wednesday, MarketBeat.com reports. They currently have a $3.25 target price on the basic materials company’s stock, down from their prior target price of $4.00. HC Wainwright’s target price would suggest a potential upside of 128.87% from the company’s current price.

Several other analysts have also commented on the company. Noble Financial reiterated a “buy” rating on shares of Avino Silver & Gold Mines in a report on Wednesday, October 18th. Zacks Investment Research lowered Avino Silver & Gold Mines from a “hold” rating to a “strong sell” rating in a report on Wednesday, October 18th.

Avino Silver & Gold Mines (NYSEAMERICAN:ASM) traded down $0.01 during trading on Wednesday, reaching $1.42. The company’s stock had a trading volume of 29,701 shares, compared to its average volume of 187,889. The stock has a market capitalization of $65.77, a price-to-earnings ratio of 35.25 and a beta of -0.08. Avino Silver & Gold Mines has a one year low of $1.14 and a one year high of $2.03.

An institutional investor recently raised its position in Avino Silver & Gold Mines stock. OppenheimerFunds Inc. boosted its stake in shares of Avino Silver & Gold Mines Ltd (NYSEAMERICAN:ASM) by 1.9% during the 4th quarter, according to its most recent filing with the SEC. The firm owned 2,270,000 shares of the basic materials company’s stock after purchasing an additional 42,800 shares during the period. OppenheimerFunds Inc. owned approximately 4.31% of Avino Silver & Gold Mines worth $3,042,000 at the end of the most recent quarter.

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Avino Silver & Gold Mines Company Profile

Avino Silver & 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.

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