Avino Silver & Gold Mines (ASM) Raised to Hold at Zacks Investment Research

Zacks Investment Research upgraded shares of Avino Silver & Gold Mines (NYSEAMERICAN:ASM) from a strong sell rating to a hold rating in a research note issued to investors on Wednesday morning.

According to Zacks, “Avino Silver & Gold Mines Ltd. is engaged in exploration and development of mineral properties. The company primarily explores for silver along with gold, copper and lead. Its properties are mainly located in British Columbia, the Yukon Territory, Mexico and Canada. Avino Silver & Gold Mines Ltd. is headquartered in Vancouver, Canada. “

ASM has been the topic of several other reports. Noble Financial reissued a buy rating on shares of Avino Silver & Gold Mines in a research note on Wednesday, October 18th. HC Wainwright set a $4.00 target price on shares of Avino Silver & Gold Mines and gave the company a buy rating in a research note on Tuesday, December 12th. One analyst has rated the stock with a hold rating and four have assigned a buy rating to the stock. The stock presently has a consensus rating of Buy and a consensus price target of $3.75.

Shares of Avino Silver & Gold Mines (ASM) traded up $0.02 during trading hours on Wednesday, reaching $1.52. 211,861 shares of the company’s stock traded hands, compared to its average volume of 169,900. Avino Silver & Gold Mines has a 52 week low of $1.14 and a 52 week high of $2.13. The firm has a market cap of $79.21, a P/E ratio of 38.00 and a beta of -0.24.

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About Avino Silver & Gold Mines

Avino Silver and Gold Mines Ltd is a Canada-based resource company. It is focused on silver, gold, and copper exploration, extraction and processing. It extracts resources and processes a bulk concentrate at the San Gonzalo Mine and a copper concentrate from the Avino Mine, both of which are located on the Avino property in Durango, Mexico.

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