Avino Silver & Gold Mines Ltd. (ASM) Stock: A Closer Look at the Market Potential

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The price-to-earnings ratio for Avino Silver & Gold Mines Ltd. (AMEX: ASM) is above average at 190.41x, Company’s 36-month beta value is 2.06.Analysts have differing opinions on the stock, with 4 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”

The public float for ASM is 124.37M, and currently, short sellers hold a 0.15% ratio of that floaft. The average trading volume of ASM on April 08, 2024 was 621.72K shares.

ASM) stock’s latest price update

Avino Silver & Gold Mines Ltd. (AMEX: ASM) has seen a decline in its stock price by -3.62 in relation to its previous close of 0.81. However, the company has experienced a 3.24% gain in its stock price over the last five trading sessions. Zacks Investment Research reported 2024-04-02 that Despite the volatility in silver prices weighing on the near-term prospects of the Zacks Mining – Silver industry, stocks like PAAS, HL, FSM, VZLA and ASM will likely gain from solid growth projects, efforts to improve operational efficiency and lower costs.

ASM’s Market Performance

ASM’s stock has risen by 3.24% in the past week, with a monthly rise of 53.11% and a quarterly rise of 60.90%. The volatility ratio for the week is 14.69% while the volatility levels for the last 30 days are 7.98% for Avino Silver & Gold Mines Ltd. The simple moving average for the last 20 days is 24.68% for ASM stock, with a simple moving average of 39.64% for the last 200 days.

Analysts’ Opinion of ASM

H.C. Wainwright, on the other hand, stated in their research note that they expect to see ASM reach a price target of $3.25, previously predicting the price at $4. The rating they have provided for ASM stocks is “Buy” according to the report published on February 14th, 2018.

Rodman & Renshaw gave a rating of “Buy” to ASM, setting the target price at $4 in the report published on January 24th of the previous year.

ASM Trading at 46.56% from the 50-Day Moving Average

After a stumble in the market that brought ASM to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -22.70% of loss for the given period.

Volatility was left at 7.98%, however, over the last 30 days, the volatility rate increased by 14.69%, as shares surge +53.26% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +64.70% upper at present.

During the last 5 trading sessions, ASM rose by +4.46%, which changed the moving average for the period of 200-days by +16.69% in comparison to the 20-day moving average, which settled at $0.6399. In addition, Avino Silver & Gold Mines Ltd. saw 48.99% in overturn over a single year, with a tendency to cut further gains.

Stock Fundamentals for ASM

Current profitability levels for the company are sitting at:

  • -0.02 for the present operating margin
  • 0.16 for the gross margin

The net margin for Avino Silver & Gold Mines Ltd. stands at 0.01. The total capital return value is set at -0.01. Equity return is now at value 0.53, with 0.43 for asset returns.

Based on Avino Silver & Gold Mines Ltd. (ASM), the company’s capital structure generated 0.03 points at debt to capital in total, while cash flow to debt ratio is standing at 0.46. The debt to equity ratio resting at 0.03. The interest coverage ratio of the stock is -1.92.

Currently, EBITDA for the company is 2.2 million with net debt to EBITDA at 0.18. When we switch over and look at the enterprise to sales, we see a ratio of 2.37. The receivables turnover for the company is 4.35for trailing twelve months and the total asset turnover is 0.34. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.70.

Conclusion

In a nutshell, Avino Silver & Gold Mines Ltd. (ASM) has experienced a better performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.

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