Avino Silver & Gold Mines Ltd. (ASM) Shares Plummet Below 1-Year High

Avino Silver & Gold Mines Ltd. (AMEX: ASM)’s stock price has gone decline by 0.00 in comparison to its previous close of 1.11, however, the company has experienced a -5.93% decrease in its stock price over the last five trading days. globenewswire.com reported 2024-09-30 that Raleigh, NC, USA September 30, 2024 New system extends ASM’s portfolio of industry benchmark single wafer silicon carbide epitaxy systems, the 6” PE1O6 and 8” PE1O8 systems, with a higher throughput, lower cost of ownership, dual chamber, single wafer, 6” and 8” compatible, silicon carbide epitaxy system. Today at the 2024 International Conference on Silicon Carbide and Related Materials, ASM International N.V.

Is It Worth Investing in Avino Silver & Gold Mines Ltd. (AMEX: ASM) Right Now?

Avino Silver & Gold Mines Ltd. (AMEX: ASM) has a higher price-to-earnings ratio of 98.23x compared to its average ratio. ASM has 36-month beta value of 2.00. Analysts have mixed views on the stock, with 4 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

The public float for ASM is 128.69M, and currently, short sellers hold a 1.33% ratio of that float. The average trading volume of ASM on October 02, 2024 was 1.05M shares.

ASM’s Market Performance

The stock of Avino Silver & Gold Mines Ltd. (ASM) has seen a -5.93% decrease in the past week, with a 19.35% rise in the past month, and a 12.28% gain in the past quarter. The volatility ratio for the week is 6.41%, and the volatility levels for the past 30 days are at 5.87% for ASM. The simple moving average for the past 20 days is 5.31% for ASM’s stock, with a 42.03% simple moving average for the past 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 9.87% 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 -10.48% of loss for the given period.

Volatility was left at 5.87%, however, over the last 30 days, the volatility rate increased by 6.41%, as shares surge +20.39% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +9.71% upper at present.

During the last 5 trading sessions, ASM fell by -4.24%, which changed the moving average for the period of 200-days by +126.00% in comparison to the 20-day moving average, which settled at $1.0636. In addition, Avino Silver & Gold Mines Ltd. saw 111.83% 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 2.86. 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

To put it simply, Avino Silver & Gold Mines Ltd. (ASM) has had a better performance in recent times. Analysts have a bullish opinion on the stock, with some rating 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.

Most Popular

Related Posts