North Star Investment Management Corp. Invests $1.90 Million in Avino Silver & Gold Mines Ltd. $ASM

North Star Investment Management Corp. acquired a new stake in Avino Silver & Gold Mines Ltd. (NYSE:ASM) during the first quarter, Holdings Channel.com reports. The firm acquired 300,000 shares of the company’s stock, valued at approximately $1,896,000.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. Mariner LLC increased its holdings in Avino Silver & Gold Mines by 4.5% in the fourth quarter. Mariner LLC now owns 48,524 shares of the company’s stock worth $301,000 after purchasing an additional 2,090 shares in the last quarter. LPL Financial LLC lifted its stake in Avino Silver & Gold Mines by 0.9% in the fourth quarter. LPL Financial LLC now owns 291,913 shares of the company’s stock valued at $1,813,000 after buying an additional 2,587 shares during the period. Prudential Financial Inc. boosted its holdings in shares of Avino Silver & Gold Mines by 4.3% during the 2nd quarter. Prudential Financial Inc. now owns 77,600 shares of the company’s stock worth $279,000 after buying an additional 3,200 shares in the last quarter. Stone House Investment Management LLC boosted its holdings in shares of Avino Silver & Gold Mines by 1,137.6% during the 4th quarter. Stone House Investment Management LLC now owns 4,208 shares of the company’s stock worth $26,000 after buying an additional 3,868 shares in the last quarter. Finally, Mindset Wealth Management LLC grew its position in shares of Avino Silver & Gold Mines by 32.4% during the 4th quarter. Mindset Wealth Management LLC now owns 16,354 shares of the company’s stock worth $102,000 after buying an additional 4,000 shares during the period. Institutional investors own 3.11% of the company’s stock.

Avino Silver & Gold Mines Stock Performance

Shares of Avino Silver & Gold Mines stock opened at $6.27 on Tuesday. Avino Silver & Gold Mines Ltd. has a one year low of $3.10 and a one year high of $11.99. The firm has a market capitalization of $1.07 billion, a price-to-earnings ratio of 313.66 and a beta of 1.69. The business has a 50-day simple moving average of $6.72 and a 200 day simple moving average of $7.27. The company has a debt-to-equity ratio of 0.01, a current ratio of 2.36 and a quick ratio of 1.43.

Wall Street Analyst Weigh In

ASM has been the subject of several research analyst reports. HC Wainwright lifted their price objective on shares of Avino Silver & Gold Mines to $13.00 and gave the company a “buy” rating in a research note on Thursday, May 14th. Roth Mkm reissued a “neutral” rating and set a $8.00 target price on shares of Avino Silver & Gold Mines in a research note on Friday, May 15th. Two equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat, Avino Silver & Gold Mines has an average rating of “Moderate Buy” and a consensus target price of $9.92.

Avino Silver & Gold Mines 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.