Shares of Avino Silver and Gold Mines Ltd (NYSEMKT:ASM) have earned an average recommendation of “Buy” from the six analysts that are covering the stock, Marketbeat Ratings reports. Two equities research analysts have rated the stock with a hold rating and four have issued a buy rating on the company. The average 1 year price objective among brokers that have issued ratings on the stock in the last year is $4.33.

Several equities analysts have recently weighed in on ASM shares. Noble Financial reiterated a “buy” rating on shares of Avino Silver and Gold Mines in a research note on Friday, August 4th. HC Wainwright reiterated a “buy” rating and issued a $4.00 target price on shares of Avino Silver and Gold Mines in a research note on Thursday, August 3rd. Finally, Zacks Investment Research upgraded shares of Avino Silver and Gold Mines from a “hold” rating to a “buy” rating and set a $2.00 target price for the company in a research note on Thursday, July 27th.

A number of institutional investors have recently modified their holdings of ASM. Sprott Inc. boosted its position in Avino Silver and Gold Mines by 4.4% in the first quarter. Sprott Inc. now owns 731,012 shares of the basic materials company’s stock worth $1,272,000 after buying an additional 31,112 shares in the last quarter. OppenheimerFunds Inc. bought a new position in Avino Silver and Gold Mines during the first quarter worth approximately $2,358,000. Finally, Bard Associates Inc. boosted its position in Avino Silver and Gold Mines by 1.0% in the first quarter. Bard Associates Inc. now owns 784,250 shares of the basic materials company’s stock worth $1,365,000 after buying an additional 7,550 shares in the last quarter.

Avino Silver and Gold Mines (ASM) traded up 1.12% during midday trading on Wednesday, reaching $1.75. The company had a trading volume of 21,213 shares. Avino Silver and Gold Mines has a one year low of $1.12 and a one year high of $2.59. The stock’s 50 day moving average price is $1.64 and its 200-day moving average price is $1.67. The firm has a market capitalization of $91.79 million, a P/E ratio of 23.33 and a beta of 1.24.

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About Avino Silver and Gold Mines

Avino Silver and 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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