Avino Silver & Gold Mines (TSE:ASM) Trading Up 9.3% – Should You Buy?

Avino Silver & Gold Mines Ltd. (TSE:ASM) rose 9.3% during mid-day trading on Tuesday . The company traded as high as C$8.57 and last traded at C$8.56. 775,130 shares were traded during mid-day trading, a decline of 21% from the average daily volume of 984,757 shares. The stock had previously closed at C$7.83.

Avino Silver & Gold Mines Stock Performance

The company has a market cap of C$1.50 billion, a P/E ratio of 38.91 and a beta of 3.15. The firm has a 50 day moving average of C$9.00 and a 200-day moving average of C$9.98. The company has a quick ratio of 1.29, a current ratio of 5.78 and a debt-to-equity ratio of 3.03.

Avino Silver & Gold Mines (TSE:ASM) last issued its earnings results on Wednesday, May 13th. The company reported C$0.20 earnings per share for the quarter. The business had revenue of C$54.82 million during the quarter. Avino Silver & Gold Mines had a return on equity of 17.62% and a net margin of 33.31%. As a group, sell-side analysts anticipate that Avino Silver & Gold Mines Ltd. will post 0.0949153 EPS for the current fiscal year.

Avino Silver & Gold Mines Company Profile

Avino is a silver producer from its wholly owned Avino Mine near Durango, Mexico. The Company’s silver, gold and copper production remains unhedged. The Company intends to maintain long-term sustainable and profitable mining operations to reward shareholders and the community alike through our growth at the historic Avino Property and the strategic acquisition of the adjacent La Preciosa which was finalized in Q1 2022. Early in 2024, the Pre-feasibility Study on the Oxide Tailings Project was completed.