Avino Silver & Gold Mines (ASM) Upgraded to “Hold” at Zacks Investment Research

Avino Silver & Gold Mines (NYSEAMERICAN:ASM) was upgraded by Zacks Investment Research from a “strong sell” rating to a “hold” rating in a research report issued on Wednesday, January 10th.

According to Zacks, “Avino Silver & Gold Mines Ltd. is engaged in exploration and development of mineral properties. The company primarily explores for silver along with gold, copper and lead. Its properties are mainly located in British Columbia, the Yukon Territory, Mexico and Canada. Avino Silver & Gold Mines Ltd. is headquartered in Vancouver, Canada. “

Several other research analysts have also commented on ASM. Noble Financial restated a “buy” rating on shares of Avino Silver & Gold Mines in a report on Wednesday, October 18th. HC Wainwright set a $4.00 price target on shares of Avino Silver & Gold Mines and gave the stock a “buy” rating in a research note on Tuesday, December 12th.

Avino Silver & Gold Mines (NYSEAMERICAN:ASM) remained flat at $$1.34 during trading hours on Wednesday. 96,585 shares of the company’s stock were exchanged, compared to its average volume of 193,308. Avino Silver & Gold Mines has a 1 year low of $1.14 and a 1 year high of $2.13. The company has a market capitalization of $70.99, a P/E ratio of 33.50 and a beta of -0.08.

Avino Silver & Gold Mines (NYSEAMERICAN:ASM) last issued its quarterly earnings data on Wednesday, November 8th. The basic materials company reported ($0.01) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.05 by ($0.06). Avino Silver & Gold Mines had a negative return on equity of 4.34% and a negative net margin of 8.48%.

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Avino Silver & Gold Mines Company Profile

Avino Silver & Gold Mines Ltd is a Canada-based resource company. It is focused on silver, gold, and copper exploration, extraction and processing. It extracts resources and processes a bulk concentrate at the San Gonzalo Mine and a copper concentrate from the Avino Mine, both of which are located on the Avino property in Durango, Mexico.

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