Avino Silver & Gold Mines (NYSEAMERICAN:ASM) Posts Earnings Results

Avino Silver & Gold Mines (NYSEAMERICAN:ASM) released its quarterly earnings results on Tuesday. The basic materials company reported ($0.01) earnings per share for the quarter, meeting the Thomson Reuters’ consensus estimate of ($0.01), Fidelity Earnings reports. Avino Silver & Gold Mines had a negative return on equity of 2.45% and a negative net margin of 140.32%.

Shares of ASM traded down $0.05 during mid-day trading on Thursday, hitting $1.25. 2,285,341 shares of the company traded hands, compared to its average volume of 3,758,419. The company has a market capitalization of $125.13 million, a P/E ratio of -2.55 and a beta of 1.37. Avino Silver & Gold Mines has a 1-year low of $0.37 and a 1-year high of $2.82. The firm’s 50 day simple moving average is $1.07.

A number of research firms have weighed in on ASM. Roth Capital raised their price objective on shares of Avino Silver & Gold Mines from $1.50 to $1.90 and gave the company a “buy” rating in a research note on Friday, January 15th. HC Wainwright reaffirmed a “buy” rating and set a $1.50 price target on shares of Avino Silver & Gold Mines in a report on Wednesday, February 17th. TheStreet cut Avino Silver & Gold Mines from a “c-” rating to a “d+” rating in a report on Wednesday, March 24th. Finally, Zacks Investment Research raised shares of Avino Silver & Gold Mines from a “sell” rating to a “hold” rating in a report on Monday.

About Avino Silver & Gold Mines

Avino Silver & Gold Mines Ltd., together with its subsidiaries, engages in the acquisition, exploration, and advancement of mineral properties in Canada. It primarily explores for silver, gold, and copper deposits. The company owns interests in 42 mineral claims and four leased mineral claims, including Avino mine area property comprises four concessions covering 154.4 hectares, 24 exploitation concessions covering 1,284.7 hectares, and one leased exploitation concession covering 98.83 hectares; Gomez Palacio property consists of nine exploration concessions covering 2,549 hectares; Santiago Papasquiaro property comprising four exploration concessions covering 2,552.6 hectares and one exploitation concession covering 602.9 hectares; and Unification La Platosa properties, which include three leased concessions located in the state of Durango, Mexico.

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Earnings History for Avino Silver & Gold Mines (NYSEAMERICAN:ASM)

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