Patriot Financial Group Insurance Agency LLC Buys 82,613 Shares of Avino Silver & Gold Mines Ltd. $ASM

Patriot Financial Group Insurance Agency LLC lifted its stake in Avino Silver & Gold Mines Ltd. (NYSE:ASM) by 343.3% in the first quarter, HoldingsChannel.com reports. The firm owned 106,678 shares of the company’s stock after purchasing an additional 82,613 shares during the quarter. Patriot Financial Group Insurance Agency LLC’s holdings in Avino Silver & Gold Mines were worth $674,000 at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. Van ECK Associates Corp acquired a new stake in shares of Avino Silver & Gold Mines in the 3rd quarter valued at $28,208,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. acquired a new stake in Avino Silver & Gold Mines in the second quarter worth about $15,116,000. Mackenzie Financial Corp increased its position in Avino Silver & Gold Mines by 239.7% in the third quarter. Mackenzie Financial Corp now owns 5,844,715 shares of the company’s stock worth $30,651,000 after purchasing an additional 4,124,392 shares during the period. Tidal Investments LLC raised its holdings in Avino Silver & Gold Mines by 94.3% during the 3rd quarter. Tidal Investments LLC now owns 7,207,592 shares of the company’s stock worth $37,840,000 after purchasing an additional 3,497,923 shares during the last quarter. Finally, Jane Street Group LLC raised its holdings in Avino Silver & Gold Mines by 1,135.9% during the 4th quarter. Jane Street Group LLC now owns 1,243,074 shares of the company’s stock worth $7,719,000 after purchasing an additional 1,142,492 shares during the last quarter. Institutional investors own 3.11% of the company’s stock.

Analysts Set New Price Targets

ASM has been the subject of several analyst reports. Roth Mkm reiterated a “neutral” rating and set a $8.00 price target on shares of Avino Silver & Gold Mines in a research report on Friday, May 15th. HC Wainwright increased their price objective on shares of Avino Silver & Gold Mines to $13.00 and gave the company a “buy” rating in a report on Thursday, May 14th. Two analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $9.92.

Avino Silver & Gold Mines Stock Performance

Shares of Avino Silver & Gold Mines stock opened at $6.34 on Wednesday. The company has a debt-to-equity ratio of 0.01, a current ratio of 2.36 and a quick ratio of 1.43. The firm has a market cap of $1.08 billion, a price-to-earnings ratio of 317.16 and a beta of 1.69. Avino Silver & Gold Mines Ltd. has a one year low of $3.10 and a one year high of $11.99. The stock’s 50-day moving average is $6.69 and its 200-day moving average is $7.27.

About Avino Silver & Gold Mines

Avino Silver & Gold Mines Ltd. is a Vancouver-based precious metals producer and explorer focused on the mining of silver, gold and copper. The company’s flagship asset is the 100%-owned Avino Mine, situated near the historic town of Avino in the state of Durango, Mexico. Avino’s operations encompass underground and open?pit mining, milling and tailings reprocessing, delivering a diversified metal output. In addition to silver and gold production, the Avino Mine yields significant copper by-product credits, enhancing overall project economics.

Beyond its core Mexican operations, Avino holds interests in several exploration and development properties across North America.