SG Americas Securities LLC Buys New Stake in Avino Silver & Gold Mines Ltd. $ASM

SG Americas Securities LLC bought a new stake in shares of Avino Silver & Gold Mines Ltd. (NYSE:ASM) during the first quarter, according to the company in its most recent filing with the SEC. The institutional investor bought 543,146 shares of the company’s stock, valued at approximately $3,433,000. SG Americas Securities LLC owned about 0.32% of Avino Silver & Gold Mines as of its most recent filing with the SEC.

Several other hedge funds also recently bought and sold shares of ASM. Van ECK Associates Corp acquired a new position in shares of Avino Silver & Gold Mines in the third quarter worth $28,208,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. acquired a new stake in shares of Avino Silver & Gold Mines during the second quarter valued at $15,116,000. Mackenzie Financial Corp increased its position in Avino Silver & Gold Mines by 239.7% during the 3rd quarter. Mackenzie Financial Corp now owns 5,844,715 shares of the company’s stock worth $30,651,000 after purchasing an additional 4,124,392 shares in the last quarter. Tidal Investments LLC increased its position in Avino Silver & Gold Mines by 94.3% during the 3rd quarter. Tidal Investments LLC now owns 7,207,592 shares of the company’s stock worth $37,840,000 after purchasing an additional 3,497,923 shares in the last quarter. Finally, Jane Street Group LLC raised its stake in Avino Silver & Gold Mines by 1,135.9% in the 4th quarter. Jane Street Group LLC now owns 1,243,074 shares of the company’s stock valued at $7,719,000 after purchasing an additional 1,142,492 shares during the last quarter. Hedge funds and other institutional investors own 3.11% of the company’s stock.

Avino Silver & Gold Mines Trading Up 1.1%

Shares of Avino Silver & Gold Mines stock opened at $6.34 on Wednesday. Avino Silver & Gold Mines Ltd. has a fifty-two week low of $3.10 and a fifty-two week high of $11.99. The business’s fifty day moving average is $6.69 and its two-hundred day moving average is $7.27. The company has a quick ratio of 1.43, a current ratio of 2.36 and a debt-to-equity ratio of 0.01. The firm has a market cap of $1.08 billion, a PE ratio of 317.16 and a beta of 1.69.

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on ASM shares. HC Wainwright upped their target price on shares of Avino Silver & Gold Mines to $13.00 and gave the company a “buy” rating in a report on Thursday, May 14th. Roth Mkm reiterated a “neutral” rating and set a $8.00 price target on shares of Avino Silver & Gold Mines in a report on Friday, May 15th. Two analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $9.92.

Avino Silver & Gold Mines 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.