What Did We Learn From Avino Silver & Gold Mines Ltd. (AMEX: ASM) Insider Trading?

Avino Silver & Gold Mines Ltd. (AMEX:ASM) traded at $0.81 at close of the session on Monday, April 08, made a downward move of -0.12% on its previous day’s price.

Looking at the stock we see that its previous close was $0.81 . The company has a trailing 12-month PE ratio of 197.32. In terms of its 52-week price range, ASM has a high of $1.01 and a low of $0.40. The company’s stock has gained about 58.66% over that past 30 days.

Avino Silver & Gold Mines Ltd. has a market cap of $106.14 million. Estimates by analysts give the company expected earnings per share (EPS) of $0.01, with the EPS growth for the year raised at $0.05 for 2024 and $0.07 for next year.

Analysts tracking the company’s growth have also given it a consensus growth in revenue estimated at $13.08 million, with a low of $12.5 million and a high of $13.67 million. The median projection represents growth squeezing down to 33.10% compared to sales growth for the corresponding quarter a year ago. According to analyst consensus estimates figures, the company’s yearly revenue forecast for 2024 is expected to hit $60.55 million, or 38.00% up from figures reported last year.

There have been no upward and no downward revisions for the stock’s EPS in last 7 days, something that reflects the nature of company’s price movement in short term. On the other hand, looking at the outlook for the ASM stock, short term indicators assign the stock an average of 100% Buy, while medium term indicators assign it an average of 50% Buy. Long term indicators on average place the stock in the category of 50% Buy.

Looking further, we note the current price level is 29.20% off its SMA20 and 51.87% from its 50-day simple moving average. The RSI (14) is pointing at 76.60 while the volatility over the past week is 13.40% and jumps to 8.39% over the past one month. The beta value is 2.06, while the average true range (ATR) is currently pointing at 0.06.

Coming back to Avino Silver & Gold Mines Ltd. (AMEX:ASM), we note that the average 3-month trading volume was 621.72K, while that of the preceding 10-day period stands at 1.44 million. Current shares outstanding are 131.20 million.

The insiders hold 5.20% of the company’s shares while institutions hold 5.80%. The data shows that short shares as of Mar 15, 2024, stood at 0.19 million at a short ratio of 0.32. This represents a 0.15% short interest in shares outstanding on Mar 15, 2024. Shares short fall in March from the previous month at 0.22 million. Investors should be excited about this stock as its upside potential is great, with current price pushing the stock 54.39% up in year-to-date price movement.

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