Avino Silver & Gold Mines Ltd (ASM) Short Interest Update
Avino Silver & Gold Mines Ltd (NYSEAMERICAN:ASM) was the recipient of a large decrease in short interest in the month of December. As of December 31st, there was short interest totalling 772,827 shares, a decrease of 7.1% from the December 14th total of 832,091 shares. Based on an average trading volume of 229,218 shares, the short-interest ratio is currently 3.4 days.
An institutional investor recently raised its position in Avino Silver & Gold Mines stock. Bard Associates Inc. boosted its holdings in Avino Silver & Gold Mines Ltd (NYSEAMERICAN:ASM) by 41.3% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,595,700 shares of the basic materials company’s stock after acquiring an additional 466,250 shares during the quarter. Bard Associates Inc. owned 3.02% of Avino Silver & Gold Mines worth $1,979,000 at the end of the most recent quarter.
Several analysts recently weighed in on ASM shares. Zacks Investment Research upgraded Avino Silver & Gold Mines from a “strong sell” rating to a “hold” rating in a research note on Wednesday. Noble Financial restated a “hold” rating on shares of Avino Silver & Gold Mines in a research note on Saturday, November 10th. Finally, HC Wainwright set a $3.00 price target on Avino Silver & Gold Mines and gave the stock a “buy” rating in a research note on Thursday, November 8th.
Avino Silver & Gold Mines (NYSEAMERICAN:ASM) last released its quarterly earnings data on Wednesday, November 7th. The basic materials company reported ($0.02) earnings per share (EPS) for the quarter. The company had revenue of $8.52 million during the quarter, compared to analyst estimates of $7.24 million.
Avino Silver & Gold Mines Company Profile
Avino Silver & Gold Mines Ltd., together with its subsidiaries, engages in the production and sale of silver, gold, and copper; and the acquisition, exploration, and advancement of mineral properties. The company owns interest in the Avino property, which contains 42 mineral claims and leases 4 mineral claims covering an area of approximately 1,104 hectares in the state of Durango, Mexico.
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