Now Is The Time To Buy Avino Silver & Gold Mines Ltd (AMEX: ASM)

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During the last session, Avino Silver & Gold Mines Ltd (AMEX:ASM)’s traded shares were 4.69 million, with the beta value of the company hitting 1.68. At the end of the trading day, the stock’s price was $2.04, reflecting an intraday gain of 4.08% or $0.08. The company’s market capitalization is $287.52M, and the average intraday trading volume over the past 10 days was 3.77 million shares, and the average trade volume was 2.55 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.

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

Avino Silver & Gold Mines Ltd (ASM) registered a 4.08% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 4.08% in intraday trading to $2.04, hitting a weekly high. The stock’s 5-day price performance is 19.30%, and it has moved by 10.27% in 30 days. Based on these gigs, the overall price performance for the year is 172.65%. The short interest in Avino Silver & Gold Mines Ltd (AMEX:ASM) is 0.82 million shares and it means that shorts have 0.26 day(s) to cover.

The consensus price target of analysts on Wall Street is $1.5, which implies a decrease of -36.0% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $1.5 and $1.5 respectively. As a result, ASM is trading at a premium of 26.47% off the target high and 26.47% off the low.

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

In the rating firms’ projections, revenue will increase 13.43% 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 23.1M as predicted by 2 analyst(s). Meanwhile, a consensus of 2 analyst(s) estimates revenue growth to 23.32M by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 17.01M and 20.3M respectively. In this case, analysts expect current quarter sales to grow by 35.83% and then jump by 14.88% in the coming quarter.

While earnings are projected to return 58.33% in 2025, the next five years will return 32.64% per annum.

ASM Dividends

Avino Silver & Gold Mines Ltd is due to release its next quarterly earnings on 2025-Mar-10. 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 4.30% of total outstanding shares while institutional holders control 8.61%, with the float percentage being 8.99%. TOROSO INVESTMENTS, LLC is the largest shareholder of the company, while 57.0 institutions own stock in it. As of 2024-06-30, the company held over 3.36 million shares (or 2.5166% 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 0.5987% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $0.72 million.