Avino Silver & Gold Mines (TSE:ASM) Shares Down 9.5% – What’s Next?

Avino Silver & Gold Mines Ltd. (TSE:ASM) traded down 9.5% on Thursday . The stock traded as low as C$7.90 and last traded at C$7.96. 733,649 shares traded hands during trading, a decline of 25% from the average session volume of 982,706 shares. The stock had previously closed at C$8.80.

Avino Silver & Gold Mines Stock Performance

The business has a 50-day moving average of C$8.88 and a 200 day moving average of C$9.97. The company has a debt-to-equity ratio of 3.03, a current ratio of 5.78 and a quick ratio of 1.29. The company has a market cap of C$1.39 billion, a PE ratio of 36.14 and a beta of 3.15.

Avino Silver & Gold Mines (TSE:ASM) last released its quarterly earnings results on Wednesday, May 13th. The company reported C$0.20 EPS for the quarter. The firm had revenue of C$54.82 million during the quarter. Avino Silver & Gold Mines had a net margin of 33.31% and a return on equity of 17.62%. Equities research analysts anticipate that Avino Silver & Gold Mines Ltd. will post 0.0949153 EPS for the current fiscal year.

Avino Silver & Gold Mines Company Profile

Avino is a silver producer from its wholly owned Avino Mine near Durango, Mexico. The Company’s silver, gold and copper production remains unhedged. The Company intends to maintain long-term sustainable and profitable mining operations to reward shareholders and the community alike through our growth at the historic Avino Property and the strategic acquisition of the adjacent La Preciosa which was finalized in Q1 2022. Early in 2024, the Pre-feasibility Study on the Oxide Tailings Project was completed.