Avino Silver & Gold Mines (NYSE:ASM) Stock Rating Upgraded by StockNews.com

Avino Silver & Gold Mines (NYSE:ASM) was upgraded by equities researchers at StockNews.com from a “hold” rating to a “buy” rating in a research report issued to clients and investors on Monday.

Separately, HC Wainwright lifted their price objective on shares of Avino Silver & Gold Mines from $1.90 to $2.20 and gave the stock a “buy” rating in a report on Wednesday, March 12th.

Avino Silver & Gold Mines Stock Up 8.6 %

Shares of NYSE:ASM traded up $0.15 during midday trading on Monday, reaching $1.90. The company had a trading volume of 5,739,200 shares, compared to its average volume of 1,417,029. The stock’s fifty day moving average price is $1.41 and its 200-day moving average price is $1.18. The stock has a market capitalization of $267.65 million, a P/E ratio of 95.05 and a beta of 1.87. Avino Silver & Gold Mines has a one year low of $0.55 and a one year high of $1.90. The company has a debt-to-equity ratio of 0.01, a current ratio of 2.36 and a quick ratio of 1.43.

Institutional Trading of Avino Silver & Gold Mines

A number of large investors have recently modified their holdings of the company. Jane Street Group LLC increased its position in Avino Silver & Gold Mines by 276.3% in the 3rd quarter. Jane Street Group LLC now owns 39,184 shares of the company’s stock valued at $43,000 after acquiring an additional 28,771 shares during the period. XTX Topco Ltd bought a new position in shares of Avino Silver & Gold Mines in the third quarter worth $100,000. Tidal Investments LLC increased its holdings in shares of Avino Silver & Gold Mines by 105.2% during the third quarter. Tidal Investments LLC now owns 6,900,224 shares of the company’s stock valued at $7,590,000 after purchasing an additional 3,537,466 shares during the period. Sprott Inc. raised its stake in shares of Avino Silver & Gold Mines by 37.4% during the fourth quarter. Sprott Inc. now owns 251,400 shares of the company’s stock valued at $221,000 after purchasing an additional 68,400 shares in the last quarter. Finally, Prudential Financial Inc. bought a new stake in shares of Avino Silver & Gold Mines during the fourth quarter valued at about $80,000. Institutional investors and hedge funds own 3.11% of the company’s stock.

About Avino Silver & Gold Mines

Avino Silver & Gold Mines Ltd. engages in the mining and exploration activities. It focuses on silver reserves in the Durango region of North Central Mexico. It operates through the Silver, Gold, and Copper segments. The company was founded on May 15, 1968 and is headquartered in Vancouver, Canada.