Avino Silver & Gold Mines Ltd. (AMEX:ASM) does about 621.72K shares in volume on a normal day but saw 2559017 shares change hands in Monday trading. The company now has a market cap of 106.14M USD. Its current market price is $0.81, marking a decrease of -0.12% compared to the previous close of $0.81. The 52 week high reached by this stock is $1.01 whilst the lowest price level in 52 weeks is $0.40.
Avino Silver & Gold Mines Ltd. (ASM) has a 20-day trading average at $0.6409 and the current price is -19.90% off the 52-week high compared with 102.25% distance from its 52-week low. The 50-day simple moving average of the closing price is $0.5393 and its 200-day simple moving average is $0.5597. If we look at the stock’s price movements over the week, volatility stands at 13.40%, which decreases to 8.39% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 76.60 to suggest the stock is overbought.
The consensus objective for the share price is $1.44, suggesting that the stock has a potential upside of 43.75% over the period.
Rodman & Renshaw reiterated its price target at $3.50-$4.
Avino Silver & Gold Mines Ltd. (ASM) stock is up 6.98% over the week and 58.66% over the past month. Its price is 54.39% year-to-date and -13.93% over the past year.
The stock last released its quarterly earnings report for quarter ended 12/30/2023, with the company’s earnings per share (EPS) of $0 below consensus estimates by -$0.01. Expected sales for next quarter are $13.75 million, which analysts say will come at $60.55 million for the current fiscal year and next year at $71.25 million. In addition, estimates put the company’s current quarterly revenue at an average of $13.08 million.
To reach the target analysts have set, the stock logically needs to grow 43.75 percent from here.
Outstanding shares total 131.20M with insiders holding 0.88% of the shares and institutional holders owning 7.78% of the company’s common stock. The company has a return on investment of 0.50% and return on equity of 0.53%. The price to earnings ratio (P/E ratio) amounts to 197.32 while the forward price to earnings ratio is 9.52. The beta has a value of 2.06. Price to book ratio is 0.87 and price to sales ratio is 2.46.
