What Analysts Think About Avino Silver & Gold Mines Ltd. (AMEX: ASM)’s Potential Raise

The trading price of Avino Silver & Gold Mines Ltd. (AMEX:ASM) floating lower at last check on Monday, April 22, closing at $0.70, -6.09% lower than its previous close.

The company’s P/E ratio in the trailing 12-month period was 170.73. In examining the 52-week price action we see that the stock hit a 52-week high of $0.94 and a 52-week low of $0.40. Over the past month, the stock has gained 20.13% in value.

Avino Silver & Gold Mines Ltd., whose market valuation is $91.84 million at the time of this writing. Investors’ optimism about the company’s current quarter earnings report is understandable. Analysts have predicted the quarterly earnings per share to grow by $0.01 per share this quarter, however they have predicted annual earnings per share of $0.05 for 2024 and $0.07 for 2025.

Analysts have forecast the company to bring in revenue of $13.08 million for the current quarter, with the likely lows of $12.5 million and highs of $13.67 million. The average estimate suggests sales will likely up by 33.10% this quarter compared to what was recorded in the comparable quarter last year. From the analysts’ viewpoint, the consensus estimate for the company’s annual revenue in 2024 is $61.35 million. The company’s revenue is forecast to grow by 39.80% over what it did in 2024.

A company’s earnings reviews provide a brief indication of a stock’s direction in the short term, where in the case of Avino Silver & Gold Mines Ltd. no upward and no downward comments were posted in the last 7 days. On the technical side, indicators suggest ASM has a 50% Buy on average for the short term. According to the data of the stock’s medium term indicators, the stock is currently averaging as a 100% Buy, while an average of long term indicators suggests that the stock is currently 50% Buy.

A quick review shows that ASM’s price is currently -3.56% off the SMA20 and 18.44% off the SMA50. The RSI metric on the 14-day chart is currently showing 51.06, and weekly volatility stands at 5.54%. When measured over the past 30 days, the indicator reaches 7.93%. Avino Silver & Gold Mines Ltd. (AMEX:ASM)’s beta value is currently sitting at 1.98, while the Average True Range indicator is currently displaying 0.05.

To see how Avino Silver & Gold Mines Ltd. stock has been performing today in comparison to its peers in the industry, here are the numbers: ASM stock’s performance was -6.09% at last check in today’s session, and -23.91% in the past year. Avino Silver & Gold Mines Ltd. has a P/E ratio of 170.73.

An evaluation of the daily trading volume of Avino Silver & Gold Mines Ltd. (AMEX:ASM) indicates that the 3-month average is 795.13K.

Currently, records show that 131.20 million of the company’s shares remain outstanding. The insiders hold 4.98% of outstanding shares, whereas institutions hold 5.81%. However, since the stock’s price has seen 33.59% year-to-date, investors’ interest is likely to be reignited due to its potential to move even higher.

Most Popular