Avino Silver & Gold Mines (TSE:ASM) Insider Peter Latta Sells 2,030 Shares

Avino Silver & Gold Mines Ltd. (TSE:ASM) insider Peter Latta sold 2,030 shares of the firm’s stock in a transaction on Tuesday, September 1st. The stock was sold at an average price of C$9.86, for a total value of C$20,015.80. Following the completion of the transaction, the insider owned 389,931 shares in the company, valued at C$3,844,719.66. This represents a 0.52% decrease in their ownership of the stock.

Avino Silver & Gold Mines Price Performance

Avino Silver & Gold Mines stock opened at C$10.14 on Friday. The firm has a market capitalization of C$1.72 billion, a P/E ratio of 39.00 and a beta of 3.21. The business has a 50-day moving average of C$9.12 and a 200-day moving average of C$9.52. The company has a current ratio of 5.85, a quick ratio of 1.29 and a debt-to-equity ratio of 3.04. Avino Silver & Gold Mines Ltd. has a 1 year low of C$5.55 and a 1 year high of C$16.11.

Avino Silver & Gold Mines (TSE:ASM) last issued its earnings results on Wednesday, August 12th. The company reported C$0.09 EPS for the quarter. Avino Silver & Gold Mines had a net margin of 37.17% and a return on equity of 18.32%. The firm had revenue of C$38.06 million during the quarter. On average, equities analysts anticipate that Avino Silver & Gold Mines Ltd. will post 0.0949153 EPS for the current year.

Hedge Funds Weigh In On Avino Silver & Gold Mines

An institutional investor recently bought a new position in Avino Silver & Gold Mines stock. Bryn Mawr Trust Advisors LLC purchased a new stake in Avino Silver & Gold Mines Ltd. (TSE:ASM) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 12,050 shares of the company’s stock, valued at approximately $76,000. 21.67% of the stock is owned by institutional investors and hedge funds.

About Avino Silver & Gold Mines

Avino is a silver producer from its wholly owned Avino Mine near Durango, Mexico. The Company’s silver, gold and copper production remains unhedged. The Company intends to maintain long-term sustainable and profitable mining operations to reward shareholders and the community alike through our growth at the historic Avino Property and the strategic acquisition of the adjacent La Preciosa which was finalized in Q1 2022. Early in 2024, the Pre-feasibility Study on the Oxide Tailings Project was completed.