Avino Silver & Gold Mines (ASM) Receives “Hold” Rating from Noble Financial

Avino Silver & Gold Mines (NYSEAMERICAN:ASM)‘s stock had its “hold” rating restated by analysts at Noble Financial in a report issued on Saturday.

ASM has been the topic of several other research reports. HC Wainwright set a $3.00 price target on Avino Silver & Gold Mines and gave the stock a “buy” rating in a research note on Thursday, August 9th. Zacks Investment Research cut Avino Silver & Gold Mines from a “hold” rating to a “strong sell” rating in a research note on Friday, July 20th. Finally, Noble Capital Markets cut Avino Silver & Gold Mines from an “outperform” rating to a “market perform” rating in a research note on Thursday, September 13th.

Shares of NYSEAMERICAN ASM opened at $0.62 on Friday. 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 issued its earnings results on Wednesday, November 7th. The basic materials company reported ($0.02) earnings per share for the quarter. The firm had revenue of $8.52 million during the quarter, compared to the consensus estimate of $7.24 million.

An institutional investor recently raised its position in Avino Silver & Gold Mines stock. Bard Associates Inc. raised its position in shares of Avino Silver & Gold Mines Ltd (NYSEAMERICAN:ASM) by 41.3% during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,595,700 shares of the basic materials company’s stock after buying an additional 466,250 shares during the quarter. Bard Associates Inc. owned about 3.02% of Avino Silver & Gold Mines worth $1,979,000 at the end of the most recent quarter.

Avino Silver & Gold Mines Company Profile

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.

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