Avino Silver & Gold Mines Ltd. (AMEX: ASM) has experienced a decline in its stock price by -1.94 compared to its previous closing price of 1.03. However, the company has seen a gain of 1.42% in its stock price over the last five trading days. zacks.com reported 2024-08-15 that Avino Silver (ASM) reports record second-quarter revenues, courtesy of higher sales and metal prices. The company affirmed its production guidance at 2.5-2.8 million silver equivalent ounces.
Is It Worth Investing in Avino Silver & Gold Mines Ltd. (AMEX: ASM) Right Now?
The price-to-earnings ratio for Avino Silver & Gold Mines Ltd. (AMEX: ASM) is above average at 89.38x. The 36-month beta value for ASM is also noteworthy at 1.99. There are mixed opinions on the stock, with 4 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 rating it as “hold,” and 0 rating it as “sell.”
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The public float for ASM is 128.69M, and at present, short sellers hold a 1.68% of that float. The average trading volume of ASM on September 19, 2024 was 923.68K shares.
ASM’s Market Performance
ASM stock saw a decrease of 1.42% in the past week, with a monthly decline of -3.81% and a quarterly a decrease of 13.29%. The volatility ratio for the week is 4.36%, and the volatility levels for the last 30 days are 5.21% for Avino Silver & Gold Mines Ltd. (ASM). The simple moving average for the last 20 days is 1.11% for ASM’s stock, with a simple moving average of 34.41% 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 1.71% 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 -10.62% of loss for the given period.
Volatility was left at 5.21%, however, over the last 30 days, the volatility rate increased by 4.36%, as shares sank -0.98% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +2.37% upper at present.
During the last 5 trading sessions, ASM rose by +1.42%, which changed the moving average for the period of 200-days by +81.33% in comparison to the 20-day moving average, which settled at $0.9984. In addition, Avino Silver & Gold Mines Ltd. saw 92.75% 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:
- 0.05 for the present operating margin
- 0.21 for the gross margin
The net margin for Avino Silver & Gold Mines Ltd. stands at 0.03. The total capital return value is set at 0.02. Equity return is now at value 1.51, with 1.26 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 1.11. The debt to equity ratio resting at 0.03. The interest coverage ratio of the stock is 6.35.
Currently, EBITDA for the company is 2.2 million with net debt to EBITDA at -0.28. When we switch over and look at the enterprise to sales, we see a ratio of 2.62. The receivables turnover for the company is 6.24for trailing twelve months and the total asset turnover is 0.38. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.11.
Conclusion
In summary, Avino Silver & Gold Mines Ltd. (ASM) has had a better performance as of late. Analysts have bullish opinions on the stock, with some viewing it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
