Roth Capital Has Strong Forecast for ASM FY2025 Earnings

Avino Silver & Gold Mines Ltd. (NYSE:ASM) – Equities research analysts at Roth Capital raised their FY2025 EPS estimates for Avino Silver & Gold Mines in a report issued on Monday, November 10th. Roth Capital analyst J. Reagor now expects that the company will earn $0.22 per share for the year, up from their prior forecast of $0.20. The consensus estimate for Avino Silver & Gold Mines’ current full-year earnings is $0.04 per share.

Several other research analysts also recently weighed in on the company. Zacks Research upgraded Avino Silver & Gold Mines from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, October 21st. HC Wainwright boosted their price target on Avino Silver & Gold Mines from $6.10 to $7.60 and gave the stock a “buy” rating in a research note on Monday, November 3rd. One analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat, Avino Silver & Gold Mines presently has an average rating of “Buy” and a consensus price target of $6.55.

Avino Silver & Gold Mines Stock Performance

Shares of ASM stock opened at $4.79 on Wednesday. The business’s fifty day simple moving average is $4.90 and its 200-day simple moving average is $4.08. The company has a market cap of $736.35 million, a PE ratio of 239.62 and a beta of 1.55. The company has a current ratio of 2.36, a quick ratio of 1.43 and a debt-to-equity ratio of 0.01. Avino Silver & Gold Mines has a 12-month low of $0.85 and a 12-month high of $6.66.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the company. Mackenzie Financial Corp raised its position in shares of Avino Silver & Gold Mines by 239.7% during the 3rd quarter. Mackenzie Financial Corp now owns 5,844,715 shares of the company’s stock worth $30,651,000 after purchasing an additional 4,124,392 shares during the last quarter. Van ECK Associates Corp purchased a new stake in Avino Silver & Gold Mines during the 3rd quarter worth approximately $28,208,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. acquired a new position in shares of Avino Silver & Gold Mines during the second quarter valued at approximately $15,116,000. Tidal Investments LLC raised its holdings in shares of Avino Silver & Gold Mines by 11.6% during the second quarter. Tidal Investments LLC now owns 3,709,669 shares of the company’s stock valued at $13,355,000 after acquiring an additional 385,245 shares during the last quarter. Finally, Arrowstreet Capital Limited Partnership lifted its position in shares of Avino Silver & Gold Mines by 702.7% in the second quarter. Arrowstreet Capital Limited Partnership now owns 3,074,813 shares of the company’s stock valued at $11,069,000 after acquiring an additional 2,691,743 shares in the last quarter. Institutional investors and hedge funds own 3.11% of the company’s stock.

About Avino Silver & Gold Mines

Avino Silver & Gold Mines Ltd. engages in the mining and exploration activities. It focuses on silver reserves in the Durango region of North Central Mexico. It operates through the Silver, Gold, and Copper segments. The company was founded on May 15, 1968 and is headquartered in Vancouver, Canada.