As of Friday close, Avino Silver & Gold Mines Ltd.’s (AMEX:ASM) stock was up $0.02, moving up 4.37 percent to $0.65. The average number of shares traded per day over the past five days has been 396,500 shares. 1 time new highs have been achieved over the past 5 days, with a -$0.0024 fall in that time frame. In the last twenty days, the average volume was 391,830, while in the previous 50 days, it was 407,252.
Since last month, ASM stock retreated -6.43%. Shares of the company fell to $0.6250 on 08/18/23, the lowest level in the past month. A 52-week high of $1.01 was reached on 04/14/23 after having rallying from a 52-week low of $0.47. Since the beginning of this year, ASM’s stock price has dropped by -3.69% or -$0.0251, and marked a new high 18 times. However, the stock has declined by -35.15% since its 52-week high.
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Valuation Metrics
Right now, Avino Silver & Gold Mines Ltd. (ASM) has a P/E ratio of about 32.75. The stock’s beta is 1.80.
Financial Health
In the three months ended June 29, Avino Silver & Gold Mines Ltd.’s quick ratio stood at 0.70, while its current ratio was 1.30, showing that the company is not able to pay off its debt. According to company report, the long-term debt-to-equity ratio for the quarter ending June 29 was 0.02, and the total debt-to-equity ratio was 0.04. Based on annual data, ASM earned $15.06 million in gross profit and brought in $44.19 million in revenue.
According to the earnings report, the company had a lower net income in the recent quarter than it did in the previous quarter. ASM’s revenue rose 73.59% during the quarter, while net income inched up to $44.19 million. While analysts expected Avino Silver & Gold Mines Ltd. to report $0.01 quarterly earnings, the actual figure was $0.01 per share. During the quarter, the company generated -$0.62 million in EBITDA. The liabilities of Avino Silver & Gold Mines Ltd. were 20.69 million at the end of its most recent quarter ended June 29, and its total debt was $3.88 million.
Technical Picture
This quick technical analysis looks at Avino Silver & Gold Mines Ltd.’s (ASM) price momentum. With a historical volatility rate of 52.84%, the RSI 9-day stood at 44.09% on 18 August.
With respect to its five-day moving average, the current Avino Silver & Gold Mines Ltd. price is down by -0.37% percent or -$0.0024. At present, ASM shares trade -5.07% below its 20-day simple moving average and -17.33% percent below its 100-day simple moving average. However, the stock is currently trading approximately -7.75% below its SMA50 and +7.38% above its SMA200.
Stochastic coefficient K was 14.06% and Stochastic coefficient D was 15.90%, while ATR was 0.0305. Given the Stochastic reading of 26.09% for the 14-day period, the RSI (14) reading has been calculated as 44.33%. As of today, the MACD Oscillator reading stands at -0.0141, while the 14-day reading stands at -0.0262.
Analyst Ratings
Avino Silver & Gold Mines Ltd. downgraded its rating on Avino Silver & Gold Mines Ltd. (AMEX: ASM) to a Market perform in a note to investors on September 13, 2018. The analysts firm previously had an Outperform rating on the stock.Avino Silver & Gold Mines Ltd. (ASM) has been rated Buy by analysts. According to 0 brokerage firms, ASM is a sell, and 0 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 0 analysts rate Avino Silver & Gold Mines Ltd. stock as buy, with 4 recommending it as overweight.
With a median target price of $1.70, the current consensus forecast for the stock is $1.60 – $2.00. Based on these forecasts, analysts predict Avino Silver & Gold Mines Ltd. (ASM) will achieve an average price target of $1.75.
