Avino Silver & Gold Mines Ltd. (AMEX: ASM) Shares Might Go Up 186.67% This Year

In today’s recent session, 0.67 million shares of the Avino Silver & Gold Mines Ltd. (AMEX:ASM) have been traded, and its beta is 2.00. Most recently the company’s share price was $1.38, and it changed around -$0.06 or -4.44% from the last close, which brings the market valuation of the company to $185.90M. ASM at last check was trading at a discount to its 52-week high of $1.56, offering almost -13.04% off that amount. The share price’s 52-week low was $0.40, which indicates that the recent value has risen by an impressive 71.01% since then. We note from Avino Silver & Gold Mines Ltd.’s average daily trading volume that its 10-day average is 2.48 million shares, with the 3-month average coming to 1.30 million.

Avino Silver & Gold Mines Ltd. stock received a consensus recommendation rating of Buy, based on a mean score of 1.00. If we narrow it down even further, the data shows that 0 out of 4 analysts rate the stock as a Sell; another 0 rate it as Overweight. Among the rest, 0 recommended ASM as a Hold, whereas 4 deemed it a Buy, and 0 rated it as Underweight. Avino Silver & Gold Mines Ltd. is expected to report earnings per share of 0.02 for the current quarter.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

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

Instantly ASM has been showing red trend so far today with a performance of -4.44% on intraday trading today. The performance over the last five days has remained in the red territory. The rise to weekly highs of 1.5600 on recent trading dayincreased the stock’s daily price by 11.54%. The company’s shares are currently up 162.60% year-to-date, but still down -9.47% over the last five days. On the other hand, Avino Silver & Gold Mines Ltd. (AMEX:ASM) is 23.96% up in the 30-day period. We can see from the shorts that 0.51 million shares have been sold at a short interest cover period of 0.43 day(s).

The consensus price target as assigned by Wall Street analysts is $1.55, which translates to bulls needing to increase their stock price by 10.97% from its current value. Analyst projections state that ASM is forecast to be at a low of $1.5 and a high of $1.6.

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

Avino Silver & Gold Mines Ltd. share prices are performing particularly well compared to other companies within the same industry. As is evident from the statistics, the company’s shares have risen 95.73 percent over the past six months and at a 25.00% annual growth rate that is well above the industry average of 20.20%. The year-over-year growth rate is expected to be 39.10%, up from the previous year.

Consensus estimates provided by 2 financial analysts predict the company will bring in an average of 15.88M in revenue for the current quarter. 2 analysts expect Avino Silver & Gold Mines Ltd. to make 16.82M in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 12.32M and 12.53M respectively. Analysts predict that the company’s current quarter sales will jump, forecast at 28.90%. Forecasts for the next quarter put sales growth at 34.20%.

Looking at the company’s year-over-year earnings, the past five years showed a negative earnings growth rate of -30.92%.

ASM Dividends

Avino Silver & Gold Mines Ltd.’s next quarterly earnings report is expected to be released on 2024-Nov-12.

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

Upon looking at major shareholders, it appears that insiders hold 1.94% of Avino Silver & Gold Mines Ltd. shares, and 7.49% of them are in the hands of institutional investors. The stock currently has a share float of 7.64%. Avino Silver & Gold Mines Ltd. stock is held by 41.0 institutions, with TOROSO INVESTMENTS, LLC being the largest institutional investor. By 2024-06-30, it held 2.5862% of the shares, which is about 3.36 million shares worth $3.03 million.

PERRITT CAPITAL MANAGEMENT INC, with 0.6153% or 0.8 million shares worth $0.72 million as of 2024-06-30, holds the second largest percentage of outstanding shares.