What Avino Silver & Gold Mines Ltd. (ASM) Insiders Are Up To

Avino Silver & Gold Mines Ltd. (AMEX:ASM) finished Wednesday with an addition of $0.1 to close at $0.91, an upside of 12.23 percent. An average of 629,860 shares of common stock have been traded in the last five days. There was a gain of $0.1084 in the past week. The last 20 days have seen an average of 559,180 shares traded, while the 50-day average volume stands at 548,060.

ASM stock has decreased by -2.05% in the last month. The company shares reached their 1-month lowest point of $0.7694 on 09/30/21. With the stock rallying to its 52-week high on 02/01/21, shares of the company touched a low of $0.77 and a high of $2.82 in 52 weeks. In spite of this, the price is down -67.73% from the 52-week high.


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Valuation Metrics

Avino Silver & Gold Mines Ltd. (ASM) has a trailing price-to-earnings (P/E) ratio of 20.90 for the broader industry and 13.61 for the sector. In the last five years, Avino Silver & Gold Mines Ltd.’s PE ratio has ranged between 135.17 and 10.00. The stock’s beta is 1.49. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 10.06, the price-to-book (PB) ratio at 1.18.

The quick ratio of Avino Silver & Gold Mines Ltd. for the three months ended June 29 was 9.60, and the current ratio was 10.20, indicating that the company is able to meet its debt obligations. Further, the company has a long term debt to equity ratio of 0.00 and a total debt to equity ratio of 0.01 for the quarter ending June 29. On the profitability front, the trailing 12-month gross margin 5-year average of 17.3%. Avino Silver & Gold Mines Ltd.’s EBITDA margin for the year ending June 29 is -20.75%. Its gross profit as reported stood at $0.19 million compared to revenue of $16.02 million.

For investors, determining the potential profitability of the investment also depends on the performance of the company’s management. Avino Silver & Gold Mines Ltd.’s return on assets was -7.8% over the last five years. For the broader industry, ROE averaged -13.62 over the past year.

Earnings Surprise

The company posted a net income of $16.02 million in the quarter, while revenues of $0.0 were shrunk -98.19%. The analyst consensus anticipated Avino Silver & Gold Mines Ltd.’s latest quarter earnings to come in at -$0.01 per share, but it turned out to be -$0.03, a -200.00% surprise. For the quarter, EBITDA amounted to -$2.0 million.

Technical Picture

From a technical analysis perspective, let’s take a brief look at Avino Silver & Gold Mines Ltd. (ASM) price momentum. RSI 9-day as of the close on 13 October was 67.87%, suggesting the stock is Neutral, with historical volatility in this time frame at 59.90%.

As of today, ASM’s price is $0.8344 +13.52% or $0.1084 from its 5-day moving average. ASM is currently trading +0.65% higher than its 20-day SMA and -31.06% lower than its 100-day SMA. However, the stock’s current price level is -14.15% below the SMA50 and -32.59% below the SMA200.

The stochastic %K and %D were 65.26% and 56.96%, respectively, and the average true range (ATR) was 0.0446. With the 14-day stochastic at 93.36% and the average true range at 0.0445, the RSI (14) stands at 57.70%. The stock has reached 0.0222 on the 9-day MACD Oscillator while the 14-day reading was at 0.0265.

Analyst Ratings

Noble Capital Markets downgraded Avino Silver & Gold Mines Ltd. (AMEX: ASM) to a a Market perform rating in its most recent analyst report. Previously, the stock was rated as a an Outperform.The consensus rating for Avino Silver & Gold Mines Ltd. (ASM) among analysts is Buy. According to current brokerage recommendations, 0 brokerage firms advise that investors sell ASM, while 0 suggest investors hold. There are 0 analysts who rate the stock as underweight. The stock is rated overweight by 0 analysts, while 4 others rate it as a “buy”.

What is ASM’s price target for the next 12 months?

Analysts predict a range of price targets between $1.50 and $2.10, with a median target of $1.70. Taking a look at these predictions, the average price target given by analysts for Avino Silver & Gold Mines Ltd. (ASM) stock is $1.75.

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