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Avino Silver & Gold Mines Ltd. Inc. (ASM) Price Performance: The Role of Supply and Demand

The stock price performance for the year has been a mixed bag, indicating either a pessimistic or optimistic outlook depending on how you look at it. The…

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This article was originally published by Invest Chronicle

The stock price performance for the year has been a mixed bag, indicating either a pessimistic or optimistic outlook depending on how you look at it. The index has shown a price gain of 31.27% this year. Over the last six months, there has been a weaker performance of 43.98%. The price of ASM fallen by 0.88% during the last 30 days period. For the last 5-days stocks have improved 2.62%.

Avino Silver & Gold Mines Ltd. (ASM) has a current stock price of $0.89. During the previous trading session, the stock witnessed a notable rise, reaching a high of $0.89 after opening at $0.82. The stock’s low for the day was $0.81, and it eventually closed at $0.82.

Avino Silver & Gold Mines Ltd.’s stock has had a calm market performance. The 1-year high for the company’s stock was $1.01 on 04/14/23, and the lowest price during the same period was recorded at $0.47 on 09/26/22.

52-week price history of ASM Stock

The history of a stock’s 52-week high and low prices can provide important information about its current state and future potential. Avino Silver & Gold Mines Ltd.’s current trading price is -11.60% away from its 52-week high, while its distance from the 52-week low is 87.96%. The stock’s price range for this period has been between $0.47 and $1.01. The Basic Materials sector company’s shares saw a trading volume of about 0.68 million for the day, which was higher than the average daily volume of 0.52 million over the last three months.

The Connection Between Financial Performance and Market Capitalization

Avino Silver & Gold Mines Ltd. (ASM) has experienced a quarterly rise of 15.50% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 106.97M and boasts a workforce of 30 employees.

How Moving Averages and Trading Volume Data Work Together

Based on Barchart.com data, the company’s moving average over the 100-day period was 0.7754, with a change in price of +0.2283. Similarly, Avino Silver & Gold Mines Ltd. recorded 460,663 in trading volume during the last 100 days, posting a change of +34.36%.

ASM’s Debt-to-Equity Ratio: A Comprehensive Review

A key metric for assessing a company’s financial well-being and market status is the debt-to-equity (D/E) ratio. This ratio is derived by dividing a company’s total liabilities by its shareholders’ equity, and it demonstrates the level of debt a company uses to support its assets relative to shareholder equity. At the time of writing, the total D/E ratio for ASM stands at 0.07. Similarly, the long-term debt-to-equity ratio is also 0.01.

ASM Stock Stochastic Average

As of today, the raw stochastic average of Avino Silver & Gold Mines Ltd. over the last 50 days is at 67.44%. This shows a increasee from the raw stochastic average of the previous 20 days, which was recorded at 41.40%. Further, the company’s Stochastic %K and %D values for the last 20 days were 19.33% and 17.58%, respectively.


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