Avino Silver & Gold Mines Ltd (AMEX: ASM) Is A Chance For Risk-Tolerant Investors

Avino Silver & Gold Mines Ltd (AMEX:ASM)’s traded shares stood at 0.75 million during the latest session, with the company’s beta value hitting 1.94. At the last check today, the stock’s price was $1.11, to imply a decrease of -2.21% or -$0.02 in intraday trading. The ASM share’s 52-week high remains $1.56, putting it -40.54% down since that peak but still an impressive 60.36% since price per share fell to its 52-week low of $0.44. The company has a valuation of $155.29M, with an average of 1.27 million shares in intraday trading volume over the past 10 days and average of 1.87 million shares over the past 3 months.

Analysts have given a consensus recommendation of Buy for Avino Silver & Gold Mines Ltd (ASM), translating to a mean rating of 1.00. Of 2 analyst(s) looking at the stock, 0 analyst(s) give ASM a Sell rating. 0 of those analysts rate the stock as Overweight while 0 advise Hold as 2 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at 0.

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

After registering a -2.21% downside in the latest session, Avino Silver & Gold Mines Ltd (ASM) has traded red over the past five days. The 5-day price performance for the stock is 17.87%, and 8.33% over 30 days. With these gigs, the year-to-date price performance is 25.43%. Short interest in Avino Silver & Gold Mines Ltd (AMEX:ASM) saw shorts transact 0.25 million shares and set a 0.14 days time to cover.

The extremes give us $1.5 and $1.5 for target low and target high price respectively. As such, ASM has been trading -35.14% off suggested target high and -35.14% from its likely low.

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

Looking at statistics comparing Avino Silver & Gold Mines Ltd share performance against respective industry, we note that the company has underperformed competitors. Avino Silver & Gold Mines Ltd (ASM) shares are 13.64% up over the last 6 months, with its year-to-date growth rate lower than industry average at 0.00% against 43.60%. The rating firms project that company’s revenue will grow 54.39% compared to the previous financial year.

Revenue forecast for the current quarter as set by 2 analysts is 23.64M. Meanwhile, for the current quarter, a total of 2 analyst(s) estimate revenue growth to 24.06M.Earnings reports from the last fiscal year show that sales brought in 16.99M and 17.01M respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to rise 39.17% before jumping 41.50% in the following quarter.

ASM Dividends

Avino Silver & Gold Mines Ltd has its next earnings report out in February. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too.

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

Avino Silver & Gold Mines Ltd insiders hold 1.94% of total outstanding shares, with institutional holders owning 7.41% of the shares at 7.56% float percentage. In total, 7.41% institutions holds shares in the company, led by TOROSO INVESTMENTS, LLC. As of 2024-06-30, the company held over 3.36 million shares (or 2.5862% of shares), all amounting to roughly $3.03 million.

The next major institution holding the largest number of shares is PERRITT CAPITAL MANAGEMENT INC with 0.8 million shares, or about 0.6153% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $0.72 million.

We also have Amplify ETF Tr-Amplify Junior Silver Miners ETF and Perritt Microcap Opportunities Fund as the top two Mutual Funds with the largest holdings of the Avino Silver & Gold Mines Ltd (ASM) shares. Going by data provided on Sep 30, 2024, Amplify ETF Tr-Amplify Junior Silver Miners ETF holds roughly 6.89 shares. This is just over 4.90% of the total shares, with a market valuation of $7.69 million. Data from the same date shows that the other fund manager holds a little less at 665.0, or 0.47% of the shares, all valued at about 0.74 million.