Predicting Future Price Moves In Avino Silver & Gold Mines Ltd. (ASM)

Avino Silver & Gold Mines Ltd. (AMEX:ASM) does about 739.69K shares in volume on a normal day but saw 2051564 shares change hands in Monday trading. The company now has a market cap of 98.16M USD. Its current market price is $0.75, marking a decrease of -2.23% compared to the previous close of $0.77. 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 $0.6922 and the current price is -25.92% off the 52-week high compared with 87.05% distance from its 52-week low. The 50-day simple moving average of the closing price is $0.5684 and its 200-day simple moving average is $0.5628. If we look at the stock’s price movements over the week, volatility stands at 6.85%, which increases to 8.07% 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 62.48 to suggest the stock is neutral.

The consensus objective for the share price is $1.44, suggesting that the stock has a potential upside of 47.92% over the period.

Rodman & Renshaw reiterated its price target at $3.50-$4.

Avino Silver & Gold Mines Ltd. (ASM) stock is down -7.52% over the week and 31.77% over the past month. Its price is 42.79% year-to-date and -25.92% over the past year.

To reach the target analysts have set, the stock logically needs to grow 47.92 percent from here.

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 182.49 while the forward price to earnings ratio is 8.80. The beta has a value of 2.04. Price to book ratio is 0.81 and price to sales ratio is 2.27.