Avino Silver & Gold Mines (ASM) PT Set at $3.00 by HC Wainwright

Avino Silver & Gold Mines (NYSEAMERICAN:ASM) has been assigned a $3.00 price target by research analysts at HC Wainwright in a research report issued to clients and investors on Thursday. The firm currently has a “buy” rating on the basic materials company’s stock. HC Wainwright’s price target points to a potential upside of 383.87% from the stock’s previous close.

Other analysts have also recently issued research reports about the company. Noble Financial set a $2.00 price target on Avino Silver & Gold Mines and gave the stock a “buy” rating in a research report on Thursday, July 19th. Zacks Investment Research raised Avino Silver & Gold Mines from a “sell” rating to a “hold” rating in a research report on Friday, September 7th. Finally, Noble Capital Markets cut Avino Silver & Gold Mines from an “outperform” rating to a “market perform” rating in a research report on Thursday, September 13th.

ASM opened at $0.62 on Thursday. Avino Silver & Gold Mines has a 1 year low of $0.55 and a 1 year high of $1.61.

Avino Silver & Gold Mines (NYSEAMERICAN:ASM) last released its quarterly earnings data on Wednesday, November 7th. The basic materials company reported ($0.02) earnings per share (EPS) for the quarter. The company had revenue of $8.52 million during the quarter, compared to analysts’ expectations of $7.24 million.

A hedge fund recently raised its stake in Avino Silver & Gold Mines stock. Bard Associates Inc. grew its stake in Avino Silver & Gold Mines Ltd (NYSEAMERICAN:ASM) by 41.3% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 1,595,700 shares of the basic materials company’s stock after buying an additional 466,250 shares during the period. Bard Associates Inc. owned approximately 3.02% of Avino Silver & Gold Mines worth $1,979,000 as of its most recent SEC filing.

About Avino Silver & Gold Mines

Avino Silver & Gold Mines Ltd., together with its subsidiaries, engages in the production and sale of silver, gold, and copper; and the acquisition, exploration, and advancement of mineral properties. The company owns interest in the Avino property, which contains 42 mineral claims and leases 4 mineral claims covering an area of approximately 1,104 hectares in the state of Durango, Mexico.

Featured Story: What are Institutional Investors?

Receive News & Ratings for Avino Silver & Gold Mines Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Avino Silver & Gold Mines and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply