Avino Silver & Gold Mines (TSE:ASM) Stock Price Up 1.7% – Time to Buy?

Shares of Avino Silver & Gold Mines Ltd. (TSE:ASM) rose 1.7% during mid-day trading on Monday . The company traded as high as C$8.44 and last traded at C$8.29. Approximately 556,407 shares traded hands during mid-day trading, a decline of 48% from the average daily volume of 1,068,391 shares. The stock had previously closed at C$8.15.

Avino Silver & Gold Mines Trading Down 5.0%

The stock has a market capitalization of C$1.34 billion, a P/E ratio of 34.73 and a beta of 2.99. 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 business’s 50 day simple moving average is C$9.46 and its 200-day simple moving average is C$9.86.

Avino Silver & Gold Mines (TSE:ASM) last announced its quarterly earnings data on Wednesday, May 13th. The company reported C$0.20 earnings per share (EPS) for the quarter. Avino Silver & Gold Mines had a net margin of 33.31% and a return on equity of 17.62%. The firm had revenue of C$54.82 million for the quarter. As a group, analysts forecast that Avino Silver & Gold Mines Ltd. will post 0.0949153 EPS for the current year.

About Avino Silver & Gold Mines

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.