Avino Silver & Gold Mines Ltd (AMEX:ASM) shares, rose in value, with the stock price down by -5.26% to the previous day’s close as strong demand from buyers drove the stock to $1.08.
Actively observing the price movement in the recent trading, the stock is buoying the session at $1.14, falling within a range of $1.08 and $1.13. The value of beta (5-year monthly) is 2.012 whereas the PE ratio is 39.85 over 12-month period. Referring to stock’s 52-week performance, its high was $1.56, and the low was $0.44. On the whole, ASM has fluctuated by 21.35% over the past month.
With the market capitalization of Avino Silver & Gold Mines Ltd currently standing at about $151.77 million, investors are eagerly awaiting this quarter’s results, scheduled for in February.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that ASM’s technical picture suggests that short-term indicators denote the stock is a 50% Sell on average. However, medium-term indicators have put the stock in the category of Hold while long-term indicators on average have been pointing out that it is a 50% Buy.
The stock’s technical analysis shows that the price of ASM currently trading nearly 10.68% and 3.92% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 55.93, while the 7-day volatility ratio is showing 7.38% which for the 30-day chart, stands at 5.76%. Furthermore, Avino Silver & Gold Mines Ltd (ASM)’s beta value is 1.98, and its average true range (ATR) is 0.07.
A comparison of Avino Silver & Gold Mines Ltd (ASM) with its peers suggests the former has fared considerably weaker in the market. ASM showed an intraday change of -5.26% in today’s session so far, and over the past year, it grew by 133.56%%.
Data on historical trading for Avino Silver & Gold Mines Ltd (AMEX:ASM) indicates that the trading volumes over the past 10 days have averaged 1.32 and over the past 3 months, they’ve averaged 1.75 million. According to company’s latest data on outstanding shares, there are 140.53 million shares outstanding.
Nearly 4.59% of Avino Silver & Gold Mines Ltd’s shares belong to company insiders and institutional investors own 7.91% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 0.25 million shares as on 2024-10-31, resulting in a short ratio of 0.14. According to the data, the short interest in Avino Silver & Gold Mines Ltd (ASM) stood at 19.00 of shares outstanding as of 2024-10-31; the number of short shares registered in 2024-09-30 reached 1.24 million. The stock has risen by 22.59% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the ASM stock heading into the next quarter.