Avino Silver & Gold Mines Ltd (AMEX:ASM) price on Wednesday, February 05, rose 2.22% above its previous day’s close as an upside momentum from buyers pushed the stock’s value to $1.38.
A look at the stock’s price movement, the close in the last trading session was $1.35, moving within a range at $1.35 and $1.42. The beta value (5-Year monthly) was 2.012 while the PE ratio in trailing twelve months stood at 50.92. Turning to its 52-week performance, $1.56 and $0.44 were the 52-week high and 52-week low respectively. Overall, ASM moved 45.97% over the past month.
Avino Silver & Gold Mines Ltd’s market cap currently stands at around $193.93 million, with investors looking forward to this quarter’s earnings report slated for in March.
Analysts have a consensus estimate of 24.32M for the company’s revenue for the quarter, with a low and high estimate of 23.26M and 25.39M respectively. The average forecast suggests up to a 43.16% growth in sales growth compared to quarterly growth in the same period last fiscal year. Wall Street analysts have also projected the company’s year-on-year revenue to grow to 93.92M, representing a 57.82% jump on that reported in the last financial year.
Turning to the stock’s technical picture we see that short term indicators suggest on average that ASM is a 50% Buy. On the other hand, the stock is on average a Hold as suggested by medium term indicators while long term indicators are putting the stock in 100% Buy category.
2 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 0 analyst(s) rate the stock as a Hold, 2 recommend ASM as a Buy and 0 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 0 say it is a Sell. As such, the average rating for the stock is Buy which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
ASM’s current price about 23.48% and 30.00% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 71.24, while 7-day volatility ratio is 7.81% and 6.18% in the 30-day chart. Further, Avino Silver & Gold Mines Ltd (ASM) has a beta value of 1.87, and an average true range (ATR) of 0.07. Analysts have given the company’s stock an average 52-week price target of $1.5, forecast between a low of $1.5 and high of $1.5. Looking at the price targets, the low is -8.7% off current price level while to achieve the yearly target high, price needs to move -8.7%. Nonetheless, investors will most likely welcome a -8.7% jump to $1.5 which is the analysts’ median price.
If we refocus on Avino Silver & Gold Mines Ltd (AMEX:ASM), historical trading data shows that trading volumes averaged 1.49 over the past 10 days and 1.68 million over the past 3 months. The company’s latest data on shares outstanding shows there are 140.53 million shares.
The 4.59% of Avino Silver & Gold Mines Ltd’s shares are in the hands of company insiders while institutional holders own 7.96% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 0.25 million on 2024-10-31, giving us a short ratio of 0.14. The data shows that as of 2024-10-31 short interest in Avino Silver & Gold Mines Ltd (ASM) stood at 19.0 of shares outstanding, with shares short falling to 1.24 million registered in 2024-09-30. Current price change has pushed the stock 56.64% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the ASM stock continues to rise going into the next quarter.
