Bard Associates Inc. Has $2.97 Million Stock Position in Avino Silver & Gold Mines Ltd. $ASM

Bard Associates Inc. reduced its stake in Avino Silver & Gold Mines Ltd. (NYSE:ASM) by 17.4% during the fourth quarter, Holdings Channel.com reports. The fund owned 478,246 shares of the company’s stock after selling 100,530 shares during the period. Bard Associates Inc.’s holdings in Avino Silver & Gold Mines were worth $2,970,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Stone House Investment Management LLC lifted its stake in shares of Avino Silver & Gold Mines by 1,137.6% in the fourth quarter. Stone House Investment Management LLC now owns 4,208 shares of the company’s stock worth $26,000 after acquiring an additional 3,868 shares during the period. Lodestone Wealth Management LLC acquired a new position in shares of Avino Silver & Gold Mines in the fourth quarter worth approximately $37,000. Banque Cantonale Vaudoise acquired a new position in shares of Avino Silver & Gold Mines in the fourth quarter worth approximately $44,000. Dynamic Technology Lab Private Ltd lifted its stake in shares of Avino Silver & Gold Mines by 18.5% in the first quarter. Dynamic Technology Lab Private Ltd now owns 31,452 shares of the company’s stock worth $58,000 after acquiring an additional 4,904 shares during the period. Finally, Caitong International Asset Management Co. Ltd lifted its stake in shares of Avino Silver & Gold Mines by 387.0% in the fourth quarter. Caitong International Asset Management Co. Ltd now owns 10,246 shares of the company’s stock worth $64,000 after acquiring an additional 8,142 shares during the period. 3.11% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of equities analysts recently commented on the company. HC Wainwright lifted their price objective on Avino Silver & Gold Mines to $13.00 and gave the stock a “buy” rating in a research note on Thursday, May 14th. Roth Mkm reaffirmed a “neutral” rating and issued a $8.00 price objective on shares of Avino Silver & Gold Mines in a research note on Friday, May 15th. Finally, Alliance Global Partners reaffirmed a “buy” rating on shares of Avino Silver & Gold Mines in a research note on Friday, February 20th. Two equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $9.92.

Avino Silver & Gold Mines Trading Up 6.9%

NYSE ASM opened at $6.39 on Friday. The company has a market cap of $1.08 billion, a price-to-earnings ratio of 319.66 and a beta of 1.69. Avino Silver & Gold Mines Ltd. has a 52 week low of $3.10 and a 52 week high of $11.99. The business has a 50 day moving average price of $6.84 and a 200-day moving average price of $7.18. The company has a quick ratio of 1.43, a current ratio of 2.36 and a debt-to-equity ratio of 0.01.

Avino Silver & Gold Mines Company Profile

Avino Silver & Gold Mines Ltd. is a Vancouver-based precious metals producer and explorer focused on the mining of silver, gold and copper. The company’s flagship asset is the 100%-owned Avino Mine, situated near the historic town of Avino in the state of Durango, Mexico. Avino’s operations encompass underground and open‐pit mining, milling and tailings reprocessing, delivering a diversified metal output. In addition to silver and gold production, the Avino Mine yields significant copper by-product credits, enhancing overall project economics.

Beyond its core Mexican operations, Avino holds interests in several exploration and development properties across North America.