The trading price of Avino Silver & Gold Mines Ltd (AMEX:ASM) closed higher on Friday, February 07, and closing at $1.34, 0.75% higher than its previous close.
Traders who pay close attention to intraday price movement should know that it fluctuated between $1.31 and $1.4. The company’s P/E ratio in the trailing 12-month period was 49.45, while its 5Y monthly beta was 2.012. In examining the 52-week price action we see that the stock hit a 52-week high of $1.56 and a 52-week low of $0.44. Over the past month, the stock has gained 45.87% in value.
Avino Silver & Gold Mines Ltd, whose market valuation is $188.31 million at the time of this writing, is expected to release its quarterly earnings report in March. Investors’ optimism about the company’s current quarter earnings report is understandable. Analysts have predicted the quarterly earnings per share to grow by 0 per share this quarter, however they have predicted annual earnings per share of 0.17 for current year and 0.14 for next year.
Analysts have forecast the company to bring in revenue of 24.32M for the current quarter, with the likely lows of 23.26M and highs of 25.39M. From the analysts’ viewpoint, the consensus estimate for the company’s annual revenue is 93.9M.
On the technical side, indicators suggest ASM has a 100% Buy on average for the short term. According to the data of the stock’s medium term indicators, the stock is currently averaging as a Hold, while an average of long term indicators suggests that the stock is currently 100% Buy.
Here is the average analyst rating on the stock as represented by 1.00 to 5.00, with the extremes of 1.00 and 5.00 suggesting the stock should be considered as either strong buy or strong sell respectively. The number of analysts that have assigned ASM a recommendation rating is 2. Out of them, 0 rate it a Hold, while 2 recommend Buy, whereas 0 assign an Overweight rating. 0 analyst(s) have tagged Avino Silver & Gold Mines Ltd (ASM) as Underweight, while 0 advise Sell. Analysts have rated the stock Buy, likely urging investors to take advantage of the opportunity to add to their holdings of the company’s shares.
A quick review shows that ASM’s price is currently 15.61% off the SMA20 and 25.34% off the SMA50. The RSI metric on the 14-day chart is currently showing 66.19, and weekly volatility stands at 6.99%. When measured over the past 30 days, the indicator reaches 6.25%. Avino Silver & Gold Mines Ltd (AMEX:ASM)’s beta value is currently sitting at 1.88, while the Average True Range indicator is currently displaying 0.08. With analysts defining $1.5-$1.5 as the low and high price targets, we arrive at a consensus price target of $1.5 for the trailing 12-month period. The current price is about -11.94% off the estimated low and -11.94% off the forecast high, based on this estimate. Investors will be thrilled if ASM’s share price rises to $1.5, which is the median consensus price. At that level, ASM’s share price would be -11.94% below current price.
To see how Avino Silver & Gold Mines Ltd stock has been performing in comparison to its peers in the industry, here are the numbers: ASM stock’s performance was 0.75% in the latest trading, and 187.80% in the past year. Avino Silver & Gold Mines Ltd has a P/E ratio of 49.45.
An evaluation of the daily trading volume of Avino Silver & Gold Mines Ltd (AMEX:ASM) indicates that the 3-month average is 1.68 million. However, this figure has increased over the past 10 days to an average of 1.73.
Currently, records show that 140.53 million of the company’s shares remain outstanding. The insiders hold 4.59% of outstanding shares, whereas institutions hold 7.93%. The stats also highlight that short interest as of 2024-10-31, stood at 0.25 million shares, resulting in a short ratio of 0.14 at that time. From this, we can conclude that short interest is 19.00 of the company’s total outstanding shares. It is noteworthy that short shares in October were down slightly from the previous month’s figure, which was 1.24 million. However, since the stock’s price has seen 52.10% year-to-date, investors’ interest is likely to be reignited due to its potential to move even higher.
