How Will Avino Silver & Gold Mines Ltd. (AMEX: ASM) Look After It Drops -11.88% From Its Highs?

During the last session, Avino Silver & Gold Mines Ltd. (AMEX:ASM)’s traded shares were 1.22 million, with the beta value of the company hitting 1.99. At the end of the trading day, the stock’s price was $1.01, reflecting an intraday loss of -1.94% or -$0.02. The 52-week high for the ASM share is $1.13, that puts it down -11.88 from that peak though still a striking 60.4% gain since the share price plummeted to a 52-week low of $0.40. The company’s market capitalization is $136.45M, and the average intraday trading volume over the past 10 days was 0.77 million shares, and the average trade volume was 923.68K shares over the past three months.

Avino Silver & Gold Mines Ltd. (ASM) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 1.00. ASM has a Sell rating from 0 analyst(s) out of 2 analysts who have looked at this stock. 0 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 2 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be 0.02.

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Avino Silver & Gold Mines Ltd. (AMEX:ASM) trade information

Avino Silver & Gold Mines Ltd. (ASM) registered a -1.94% downside in the last session and has traded in the green over the past 5 sessions. The stock plummet -1.94% in intraday trading to $1.01, hitting a weekly high. The stock’s 5-day price performance is 1.42%, and it has moved by -3.81% in 30 days. Based on these gigs, the overall price performance for the year is 62.38%. The short interest in Avino Silver & Gold Mines Ltd. (AMEX:ASM) is 2.17 million shares and it means that shorts have 1.97 day(s) to cover.

The consensus price target of analysts on Wall Street is $1.6, which implies an increase of 36.88% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $1.6 and $1.6 respectively. As a result, ASM is trading at a discount of -58.42% off the target high and -58.42% off the low.

Avino Silver & Gold Mines Ltd. (ASM) estimates and forecasts

Statistics show that Avino Silver & Gold Mines Ltd. has underperformed its competitors in share price, compared to the industry in which it operates. Avino Silver & Gold Mines Ltd. (ASM) shares have gone up 80.04% during the last six months, with a year-to-date growth rate less than the industry average at 0.00% against 17.40. In the rating firms’ projections, revenue will increase 34.20% compared to the previous financial year.

As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 14.57M as predicted by 2 analyst(s). Meanwhile, a consensus of 2 analyst(s) estimates revenue growth to 15.09M by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 12.32M and 12.53M respectively. In this case, analysts expect current quarter sales to grow by 18.30% and then jump by 20.40% in the coming quarter.

An analysis of the company’s performance over the past 5 years shows that the company’s earnings shrunk an estimated -30.92%.

ASM Dividends

Avino Silver & Gold Mines Ltd. is due to release its next quarterly earnings in October. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.

Avino Silver & Gold Mines Ltd. (AMEX:ASM)’s Major holders

Avino Silver & Gold Mines Ltd. insiders own 1.91% of total outstanding shares while institutional holders control 7.58%, with the float percentage being 7.72%. TOROSO INVESTMENTS, LLC is the largest shareholder of the company, while 44.0 institutions own stock in it. As of 2024-06-30, the company held over 3.36 million shares (or 2.5862% of all shares), a total value of $3.03 million in shares.

The next largest institutional holding, with 0.8 million shares, is of PERRITT CAPITAL MANAGEMENT INC’s that is approximately 0.6153% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $0.72 million.