State of Wyoming Acquires Shares of 51,974 Avino Silver & Gold Mines Ltd. $ASM

State of Wyoming acquired a new stake in Avino Silver & Gold Mines Ltd. (NYSE:ASM) during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 51,974 shares of the company’s stock, valued at approximately $270,000.

Several other institutional investors have also modified their holdings of ASM. Bryn Mawr Trust Advisors LLC purchased a new position in Avino Silver & Gold Mines in the third quarter valued at $63,000. Trek Financial LLC increased its holdings in shares of Avino Silver & Gold Mines by 129.7% in the 3rd quarter. Trek Financial LLC now owns 1,046,742 shares of the company’s stock valued at $5,495,000 after acquiring an additional 591,121 shares during the last quarter. Pinion Investment Advisors LLC raised its position in shares of Avino Silver & Gold Mines by 26.0% during the 3rd quarter. Pinion Investment Advisors LLC now owns 14,230 shares of the company’s stock worth $69,000 after acquiring an additional 2,940 shares in the last quarter. Global Retirement Partners LLC purchased a new stake in Avino Silver & Gold Mines during the third quarter worth approximately $44,000. Finally, Calamos Advisors LLC acquired a new position in Avino Silver & Gold Mines in the third quarter valued at approximately $111,000. 3.11% of the stock is owned by hedge funds and other institutional investors.

Avino Silver & Gold Mines Stock Performance

NYSE ASM opened at $10.15 on Friday. The firm has a market cap of $1.64 billion, a P/E ratio of 507.75 and a beta of 1.59. Avino Silver & Gold Mines Ltd. has a 52-week low of $1.15 and a 52-week high of $11.99. The business’s 50-day moving average price is $7.14 and its 200 day moving average price is $5.44. The company has a quick ratio of 1.43, a current ratio of 2.36 and a debt-to-equity ratio of 0.01.

Analyst Upgrades and Downgrades

ASM has been the topic of a number of research analyst reports. Roth Mkm raised their price objective on shares of Avino Silver & Gold Mines from $5.50 to $7.25 and gave the stock a “neutral” rating in a report on Friday, January 23rd. HC Wainwright increased their target price on shares of Avino Silver & Gold Mines from $7.40 to $12.50 and gave the company a “buy” rating in a research report on Friday, January 23rd. Alliance Global Partners reissued a “buy” rating on shares of Avino Silver & Gold Mines in a research report on Friday, January 23rd. iA Financial set a $8.75 price objective on shares of Avino Silver & Gold Mines in a research note on Friday, January 23rd. Finally, Zacks Research cut Avino Silver & Gold Mines from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, November 19th. Two equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat.com, Avino Silver & Gold Mines currently has a consensus rating of “Moderate Buy” and a consensus target price of $9.50.

Avino Silver & Gold Mines Company Profile

Avino Silver & Gold Mines Ltd. is a Vancouver-based precious metals producer and explorer focused on the mining of silver, gold and copper. The company’s flagship asset is the 100%-owned Avino Mine, situated near the historic town of Avino in the state of Durango, Mexico. Avino’s operations encompass underground and open‐pit mining, milling and tailings reprocessing, delivering a diversified metal output. In addition to silver and gold production, the Avino Mine yields significant copper by-product credits, enhancing overall project economics.

Beyond its core Mexican operations, Avino holds interests in several exploration and development properties across North America.