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Avino Silver & Gold Mines Ltd. (ASM) Stock: A Year of Stock Market Ups and Downs

A stock’s 52-week high and low prices can offer a wealth of information about its current standing and prospective future performance. Avino Silver &…

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This article was originally published by Invest Chronicle

A stock’s 52-week high and low prices can offer a wealth of information about its current standing and prospective future performance. Avino Silver & Gold Mines Ltd.’s current trading price is -30.69% away from its 52-week high, while its distance from the 52-week low is 47.37%. The stock’s price range for this time frame has been between $0.47 and $1.01. The trading volume of the company’s shares in the Basic Materials reached around 0.62 million for the day, which was evidently higher than the average daily volume of 0.46 million over the last three months.

The current stock price for Avino Silver & Gold Mines Ltd. (ASM) is $0.70. The stock experienced a significant increase during the last trading session, reaching $0.74 after opening at $0.73. It dipped to a low of $0.70 before ultimately closing at $0.74.

In terms of market performance, Avino Silver & Gold Mines Ltd. had a somewhat regular. The highest value for the stock in the past year was $1.01 on 04/14/23, while the lowest value was $0.47 on 09/26/22.

How Financial Performance Impacts Market Capitalization

Avino Silver & Gold Mines Ltd. (ASM) has experienced a quarterly decline of -24.73% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 80.64M and boasts a workforce of 30 employees.

The Role of Moving Averages and Trading Volume in Technical Analysis

Based on Barchart.com data, the company’s moving average over the 100-day period was 0.7656, with a change in price of +0.0200. Similarly, Avino Silver & Gold Mines Ltd. recorded 502,750 in trading volume during the last 100 days, posting a change of +2.94%.

How ASM’s Debt-to-Equity Ratio Affects Financial Health

A company’s financial condition and market reputation can be evaluated using the debt-to-equity (D/E) ratio. This ratio, calculated by dividing a company’s total liabilities by its shareholders’ equity, indicates the proportion of debt a company employs to back its assets in relation to its shareholders’ equity. At the time of writing, the total D/E ratio for ASM stands at 0.03. Similarly, the long-term debt-to-equity ratio is also 0.02.

ASM Stock Stochastic Average

The raw stochastic average for Avino Silver & Gold Mines Ltd. over the last 50 days is presently at 28.02%. This reflects a drop from the raw stochastic average of the previous 20 days, which was noted at 51.88%. Further, the company’s Stochastic %K and %D values for the last 20 days were 73.87% and 79.94%, respectively.

ASM Stock Price Performance Analysis

Investors’ outlook regarding the stock price performance over the year has been split, with some feeling optimistic and others feeling pessimistic, as it’s been a mixed bag. The metric has seen a significant gain of 2.93% since the start of this calendar year. Looking back over the last six months, we can see a stronger performance of -11.46%. Over the past 30 days, the price of ASM has fallen by 4.95%. And in the last five days, it has fallen by -5.91%.


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