Is Avino Silver & Gold Mines Ltd. (AMEX: ASM) Back In The Buying Zone?

With over 6.15 million Avino Silver & Gold Mines Ltd. (ASM) shares trading Tuesday and a closing price of $0.49 on the day, the dollar volume was approximately $3.01 million. The shares have shown a negative half year performance of -28.81% and its price on 11/28/23 gained nearly 2.53%. Currently, there are 124.48M common shares owned by the public and among those 112.28M shares have been available to trade.

An analysis of what Wall Street brokers have to say about the expected price targets for this stock gives us this picture: 4 analysts who have offered their price forecasts for ASM have a consensus price objective of $1.69. The analysts have set the share’s price value over the next 12 months at a high of $2.00 and a low of $1.25. The average price target is 71.01% above its recent price level and an upside to the estimated low will see the stock gain 60.8% over that period. But an upside of 75.5% will see the stock hit the forecast high price target while median target price for the stock is $1.75.

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The top 3 mutual fund holders in Avino Silver & Gold Mines Ltd. are ETFMG Prime Junior Silver ETF, WS Charteris Gold & Precious Meta, and Perritt Micro Cap Opportunities F. ETFMG Prime Junior Silver ETF owns 2.5 million shares of the company’s stock, all valued at over $1.12 million. Perritt Micro Cap Opportunities F bought 0.2 million shares to bring its total holdings to over 0.2 million shares at a value of $90000.0. Perritt Micro Cap Opportunities F now owns shares totaling to 0.16% of the shares outstanding.

Shares of Avino Silver & Gold Mines Ltd. (AMEX: ASM) opened at $0.49, up $0.01 from a prior closing price of $0.48. The company’s stock has a 5-day price change of 2.55% and -23.03% over the past three months. ASM shares are trading -27.33% year to date (YTD), with the 12-month market performance down to -28.38% lower. It has a 12-month low price of $0.40 and touched a high of $1.01 over the same period. ASM has an average intraday trading volume of 612.90K shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 7.01%, -0.14%, and -26.72% respectively.

Institutional ownership of Avino Silver & Gold Mines Ltd. (AMEX: ASM) shares accounts for 4.79% of the company’s 124.48M shares outstanding. Mutual fund holders own –, while other institutional holders and individual stakeholders account for — and — respectively.

It has a market capitalization of $61.52M and a beta (3y monthly) value of 1.80. The stock’s trailing 12-month PE ratio is 40.84, while the earnings-per-share (ttm) stands at $0.01. Price movements for the stock have been influenced by the stock’s volatility, which stands at 3.66% over the week and 5.97% over the month.

Analysts forecast that Avino Silver & Gold Mines Ltd. (ASM) will achieve an EPS of $0.01 for the current quarter, $0 for the next quarter and $0.09 for 2024. The lowest estimate earnings-per-share for the quarter is $0 while analysts give the company a high EPS estimate of $0.03. Comparatively, EPS for the current quarter was $0.01 a year ago. Earnings per share for the fiscal year are expected to decrease by -58.33%, and 593.34% over the next financial year.

If you are looking to buy this stock, then you may note that the average analyst recommendation by 4 brokerage firm advisors rate Avino Silver & Gold Mines Ltd. (ASM) as a “Strong Buy” at a consensus score of 1.00. Specifically, 4 Wall Street analysts polled rate the stock as a buy, while 0 of the 4 advise that investors “hold,” and 0 rated it as a “Sell.”

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