Avino Silver & Gold Mines Ltd (AMEX: ASM) At Current Prices: Is It Worth Investing In?

During the recent session, Avino Silver & Gold Mines Ltd (AMEX:ASM)’s traded shares were 0.4 million, with the beta value of the company hitting 1.95. At the last check today, the stock’s price was $1.16, reflecting an intraday gain of 1.75% or $0.02. The 52-week high for the ASM share is $1.56, that puts it down -34.48 from that peak though still a striking 62.07% gain since the share price plummeted to a 52-week low of $0.44. The company’s market capitalization is $228.78M, and the average intraday trading volume over the past 10 days was 3.46 million shares, and the average trade volume was 1.71 million 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.

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

Avino Silver & Gold Mines Ltd (ASM) registered a 1.75% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 1.75% in intraday trading to $1.16, hitting a weekly high. The stock’s 5-day price performance is 12.61%, and it has moved by -21.63% in 30 days. Based on these gigs, the overall price performance for the year is 145.22%. The short interest in Avino Silver & Gold Mines Ltd (AMEX:ASM) is 0.25 million shares and it means that shorts have 0.14 day(s) to cover.

The consensus price target of analysts on Wall Street is $1.55, which implies an increase of 25.16% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $1.5 and $1.6 respectively. As a result, ASM is trading at a discount of -37.93% off the target high and -29.31% 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 8.40% during the last six months, with a year-to-date growth rate less than the industry average at 0.00% against 34.70. In the rating firms’ projections, revenue will increase 48.92% 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 24.05M as predicted by 2 analyst(s). Meanwhile, a consensus of 1 analyst(s) estimates revenue growth to 24.87M by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 16.99M and 17.01M respectively. In this case, analysts expect current quarter sales to grow by 41.57% and then jump by 46.22% 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 December. 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 1.94% of total outstanding shares while institutional holders control 7.41%, with the float percentage being 7.56%. 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.

Also, the Mutual Funds coming in first place with the largest holdings of Avino Silver & Gold Mines Ltd (ASM) shares are Amplify ETF Tr-Amplify Junior Silver Miners ETF and Perritt Microcap Opportunities Fund. Data provided on Jun 30, 2024 indicates that Amplify ETF Tr-Amplify Junior Silver Miners ETF owns about 3.36 shares. This amounts to just over 2.39 percent of the company’s overall shares, with a $3.87 million market value. The same data shows that the other fund manager holds slightly less at 600.0, or about 0.43% of the stock, which is worth about $0.69 million.