The trading price of Avino Silver & Gold Mines Ltd (AMEX:ASM) closed higher on Tuesday, May 06, and closing at $2.47, 2.92% higher than its previous close.
The company’s P/E ratio in the trailing 12-month period was 43.03. In examining the 52-week price action we see that the stock hit a 52-week high of $2.41 and a 52-week low of $0.72. Over the past month, the stock has gained 69.18% in value.
Avino Silver & Gold Mines Ltd, whose market valuation is $348.12 million at the time of this writing, is expected to release its quarterly earnings report in June. Investors’ optimism about the company’s current quarter earnings report is understandable.
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 100% Buy, 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.
If we dig deeper into the stock’s outlook, we see that the stock’s PEG is 1.32, which symbolizes a positive outlook. A quick review shows that ASM’s price is currently 20.81% off the SMA20 and 39.30% off the SMA50. The RSI metric on the 14-day chart is currently showing 71.95, and weekly volatility stands at 5.83%. When measured over the past 30 days, the indicator reaches 7.64%. Avino Silver & Gold Mines Ltd (AMEX:ASM)’s beta value is currently sitting at 1.53, while the Average True Range indicator is currently displaying 0.15. With analysts defining $1.5-$1.6 as the low and high price targets, we arrive at a consensus price target of $1.55 for the trailing 12-month period. The current price is about 39.27% off the estimated low and 35.22% off the forecast high, based on this estimate. Investors will be thrilled if ASM’s share price rises to $1.55, which is the median consensus price. At that level, ASM’s share price would be 37.25% above 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 2.92% in the latest trading, and 251.60% in the past year. Avino Silver & Gold Mines Ltd has a P/E ratio of 43.03.
An evaluation of the daily trading volume of Avino Silver & Gold Mines Ltd (AMEX:ASM) indicates that the 3-month average is 3.05 million.
Currently, records show that 140.55 million of the company’s shares remain outstanding. The insiders hold 5.46% of outstanding shares, whereasinstitutions hold 8.74%. However, since the stock’s price has seen 180.36% year-to-date, investors’ interest is likely to be reignited due to its potential to move even higher.
