Avino Silver & Gold Mines Ltd. (NYSE:ASM) traded at $0.7198 at last check on Monday, June 29, making an upward move of 7.06% on its previous day’s price.
Looking at the stock we see that its previous close was $0.656 and the beta (5Y monthly) reads 1 with the day’s price range being $0.7000 – 0.7455. In terms of its 52-week price range, ASM has a high of $0.84 and a low of $0.26. The company’s stock has gained about 3.47% over that past 30 days.
Analysts tracking the company’s growth have also given it a consensus growth in revenue estimated at $8.73 Million, with a low of $5.61 Million and a high of $12.87 Million. The median projection represents growth adding up to -7.6% compared to sales earnings for the corresponding quarter a year ago. According to analyst consensus estimates figures, the company’s yearly revenue forecasts for 2020 are expected to hit $28.56 Million, or -9.1% down from figures reported last year.
On the other hand, looking at the outlook for the ASM stock, short term indicators assign the stock an average of 100% Buy, while medium term indicators assign it an average of 100% Buy. Long term indicators on average place the stock in the category of 50% Buy.
Let’s briefly compare Avino (ASM) stock to its peers. We find that today’s price change of +7.06% and +15.78% over the past 12 months for ASM competes that of Pan Amer Silver Corp (PAAS), which has seen its stock price fall -1.47% in the latest trading session and is +121.16% over the last one year. Another of its peers Compania Mina Buenaventura S.A. (BVN) has dropped -0.23% today, but is -46.61% down over the past year, while First Majestic Silver (AG) is also up 7.06% yet its price remains in the green at 15.78% over the same period. Pan has a P/E ratio of 186.47 compared to Avino’s 0 and Compania’s 0. In contrast to these companies, both the S&P 500 Index and the Dow Jones Industrial are today at 1.81% and 1.11%, respectively, in early deals.
Coming back to Avino Silver & Gold Mines Ltd. (NYSE:ASM), we note that the average 3-month trading volume was 957.45 Million, while that of the preceding 10-day period stands at 937Million. Current shares outstanding are 77.27 Million.
According to data from Thomson Reuters, insiders hold 3.77% of the company’s shares while institutions hold 7.95%. The data shows that short shares as of June 14, 2020, stood at 368.89 Million at a short ratio of 0.21. This represents a 0.48% Short interest in Shares outstanding on June 14, 2020. Shares short dropped in June from the previous month at 698.38 Million. Investors should be excited about this stock as its upside potential is great, with today’s price pushing the stock +13.67% up in year-to-date price movement.