Avino Silver & Gold Mines Ltd (NYSEAMERICAN:ASM) saw a significant decrease in short interest in the month of September. As of September 14th, there was short interest totalling 1,123,554 shares, a decrease of 2.3% from the August 31st total of 1,150,142 shares. Based on an average trading volume of 97,642 shares, the days-to-cover ratio is presently 11.5 days.

Several research firms have commented on ASM. Zacks Investment Research raised shares of Avino Silver & Gold Mines from a “sell” rating to a “hold” rating in a research report on Friday, September 7th. HC Wainwright set a $3.00 price target on shares of Avino Silver & Gold Mines and gave the company a “buy” rating in a research report on Thursday, September 13th. Noble Capital Markets lowered shares of Avino Silver & Gold Mines from an “outperform” rating to a “market perform” rating in a research report on Thursday, September 13th. Finally, Noble Financial set a $2.00 price target on shares of Avino Silver & Gold Mines and gave the company a “buy” rating in a research report on Thursday, July 19th.

Shares of NYSEAMERICAN:ASM opened at $0.63 on Wednesday. Avino Silver & Gold Mines has a twelve month low of $0.56 and a twelve month high of $1.63.

Avino Silver & Gold Mines (NYSEAMERICAN:ASM) last issued its quarterly earnings results on Wednesday, August 8th. The basic materials company reported $0.02 earnings per share for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.02. Avino Silver & Gold Mines had a negative net margin of 8.48% and a negative return on equity of 4.34%. The company had revenue of $9.18 million for the quarter.

An institutional investor recently raised its position in Avino Silver & Gold Mines stock. Bard Associates Inc. increased its holdings in Avino Silver & Gold Mines Ltd (NYSEAMERICAN:ASM) by 41.3% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 1,595,700 shares of the basic materials company’s stock after buying an additional 466,250 shares during the quarter. Bard Associates Inc. owned about 3.02% of Avino Silver & Gold Mines worth $1,979,000 at the end of the most recent reporting period.

Avino Silver & Gold Mines Company Profile

Avino Silver & Gold Mines Ltd., together with its subsidiaries, engages in the production and sale of silver, gold, and copper; and the acquisition, exploration, and advancement of mineral properties. The company owns interest in the Avino property, which contains 42 mineral claims and leases 4 mineral claims covering an area of approximately 1,104 hectares in the state of Durango, Mexico.

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