Avino Silver & Gold Mines Ltd (AMEX: ASM) Stock’s Potential for Success in the Coming Months

In the last trading session, 5.72 million Avino Silver & Gold Mines Ltd (AMEX:ASM) shares changed hands as the company’s beta touched 1.74. With the company’s per share price at $1.90 changed hands at $0.15 or 8.57% during last session, the market valuation stood at $267.79M. ASM’s last price was a premium, traded about 3.16% off its 52-week high of $1.84. The share price had its 52-week low at $0.55, which suggests the last value was 71.05% up since then. When we look at Avino Silver & Gold Mines Ltd’s average trading volume, we note the 10-day average is 3.13 million shares, with the 3-month average coming to 1.66 million.

Analysts gave the Avino Silver & Gold Mines Ltd (ASM) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.00. If we narrow down to specifics, the data shows that 0 out of 2 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 0 recommended ASM as a Hold, 2 felt it is a Buy and 0 rated the stock as Underweight. Avino Silver & Gold Mines Ltd’s EPS for the current quarter is expected to be 0.

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

Instantly ASM was in green as seen at the end of in last trading. With action 46.15%, the performance over the past five days has been green. The company’s shares are showing year-to-date upside of 115.66%, with the 5-day performance at 46.15% in the green. However, in the 30-day time frame, Avino Silver & Gold Mines Ltd (AMEX:ASM) is 28.38% up. Looking at the short shares, we see there were 0.43 million shares sold at short interest cover period of 0.25 days.

The consensus price target for the stock as assigned by Wall Street analysts is 1.5, meaning bulls need a downside of -26.67% from its current market value. According to analyst projections, ASM’s forecast low is 1.5 with 1.5 as the target high. To hit the forecast high, the stock’s price needs a 21.05% surge from its current level, while the stock would need to tank 21.05% for it to hit the projected low.

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

Year-over-year growth is forecast to reach 14.33% up from the last financial year.

Consensus estimates given by 2 financial analysts project the company’s revenue in the current quarter to hit an average of 23.1M. 2 analysts are of the opinion that Avino Silver & Gold Mines Ltd’s revenue for the current quarter will be 23.32M. The company’s revenue for the corresponding quarters a year ago was 17.01M and 20.3M respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 35.83%. The estimates for the next quarter sales put growth at 14.88%.

The 2025 estimates are for Avino Silver & Gold Mines Ltd earnings to increase by 50.00%, but the outlook for the next 5-year period is at 32.64% per year.

ASM Dividends

Avino Silver & Gold Mines Ltd is expected to release its next quarterly earnings report on 2025-Mar-10.

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

If we look at who the major shareholders are, we find that insiders hold 4.26% of Avino Silver & Gold Mines Ltd shares while 8.45% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 8.83%. There are 8.45% institutions holding the Avino Silver & Gold Mines Ltd stock share, with TOROSO INVESTMENTS, LLC the top institutional holder. As of 2024-06-30, the company held 2.5166% of the shares, roughly 3.36 million ASM shares worth $3.03 million.

PERRITT CAPITAL MANAGEMENT INC holds the second largest percentage of outstanding shares, with 0.5987% or 0.8 million shares worth $0.72 million as of 2024-06-30.