Analysis Of The Weekly Performance Of Avino Silver & Gold Mines Ltd. (ASM)

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Avino Silver & Gold Mines Ltd. (AMEX:ASM) finished Thursday with a subtraction of -$0.01 to close at $0.50, a downside of -2.15 percent. An average of 341,434 shares of common stock have been traded in the last five days. There was a fall of -$0.0333 in the past week, and it reached a new high 11 times over the past 12 months. The last 20 days have seen an average of 275,668 shares traded, while the 50-day average volume stands at 264,671.

ASM stock has decreased by -11.52% in the last month. The company shares reached their 1-month lowest point of $0.5000 on 09/23/22. With the stock rallying to its 52-week high on 03/08/22, shares of the company touched a low of $0.49 and a high of $1.09 in 52 weeks. It has reached a new high 5 times so far this year and lost -40.49% or -$0.3610 in price. In spite of this, the price is down -54.00% 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 8.54. The stock’s beta is 1.71. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 1.92, the price-to-book (PB) ratio at 0.62, and the price-to-cash flow ratio at 9.04.

Financial Health

The quick ratio of Avino Silver & Gold Mines Ltd. for the three months ended June 29 was 1.70, and the current ratio was 2.30, indicating that the company is able to meet its debt obligations. Further, the company has a long term debt to equity ratio of 0.01 and a total debt to equity ratio of 0.07 for the quarter ending June 29. Its gross profit as reported stood at $3.55 million compared to revenue of $11.23 million.

Earnings Surprise

The analyst consensus anticipated Avino Silver & Gold Mines Ltd.’s latest quarter earnings to come in at $0.02 per share, but it turned out to be $0.02, a 0.00% surprise. For the quarter, EBITDA amounted to $2.2 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 22 September was 32.10%, suggesting the stock is Neutral, with historical volatility in this time frame at 30.57%.

As of today, ASM’s price is $0.5192 -6.24% or -$0.0333 from its 5-day moving average. ASM is currently trading -13.75% lower than its 20-day SMA and -28.56% lower than its 100-day SMA. However, the stock’s current price level is -0.24% below the SMA50 and -41.40% below the SMA200.

The stochastic %K and %D were 25.03% and 27.73%, respectively, and the average true range (ATR) was 0.0263. With the 14-day stochastic at 0.00% and the average true range at 0.0272, the RSI (14) stands at 35.90%. The stock has reached -0.0142 on the 9-day MACD Oscillator while the 14-day reading was at -0.0156.

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 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 $1.25 and $2.25, with a median target of $1.85. Taking a look at these predictions, the average price target given by analysts for Avino Silver & Gold Mines Ltd. (ASM) stock is $1.80.

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