Avino Silver & Gold Mines (TSE:ASM) Trading Up 2.4% – Here’s What Happened

Avino Silver & Gold Mines Ltd. (TSE:ASM)’s stock price shot up 2.4% during mid-day trading on Wednesday . The company traded as high as C$7.96 and last traded at C$7.80. 552,050 shares were traded during mid-day trading, an increase of 4% from the average session volume of 533,380 shares. The stock had previously closed at C$7.62.

Avino Silver & Gold Mines Trading Up 2.4%

The firm’s 50-day simple moving average is C$7.05 and its 200 day simple moving average is C$5.83. The company has a debt-to-equity ratio of 2.75, a current ratio of 2.36 and a quick ratio of 1.29. The firm has a market capitalization of C$1.22 billion, a price-to-earnings ratio of 55.71 and a beta of 2.67.

Avino Silver & Gold Mines (TSE:ASM) last issued its earnings results on Thursday, November 6th. The company reported C$0.07 earnings per share for the quarter. Avino Silver & Gold Mines had a return on equity of 3.24% and a net margin of 6.57%.The firm had revenue of C$29.30 million for the quarter. Equities analysts expect that Avino Silver & Gold Mines Ltd. will post 0.0949153 earnings per share for the current year.

About Avino Silver & Gold Mines

Avino Silver & Gold Mines Ltd is a mineral resource company. It is engaged in the exploration, extraction, and processing of silver, gold, and copper. The company generates most of its revenues through the sale of Copper produced from its mines. Its project portfolio includes Avino; San Gonzalo; Oxide Tailings; Bralorne Gold and others.