Do You Think It Is A Good Idea To Invest In Avino Silver & Gold Mines Ltd. (ASM)?

The stock of Avino Silver & Gold Mines Ltd. (AMEX:ASM) decreased by -$0.01 on Friday to finish at $0.68, down -1.03 percent. The last five days have seen an average of 258,100 shares of common stock traded. 5 times new highs were reached in the current year, with a fall of -$0.1809. The average number of shares traded over the last 20 days was 288,200, while the average volume over the last 50 days totaled 339,554.

ASM stock dropped -2.83% since last month. On 12/16/22, the company’s shares reached a one-month low of $0.6036. The stock touched a high of $1.06 on 03/08/22, after rallying from a low of $0.47 in 52 weeks. The price of ASM stock has declined by -21.01% or -$0.1809 this year, reaching a new high 5 times. Still, the stock price is down -35.84% from the 52-week high.

Valuation Metrics

Avino Silver & Gold Mines Ltd. (ASM) has a trailing price-to-earnings (P/E) ratio of 13.60. Beta for the stock is 1.54. There are also a few other valuation ratios worth considering, including the trailing price-to-sales (P/S) ratio of 2.83, the price-to-book (PB) ratio of 0.61, and the price-to-cash flow ratio of 7.44.

Financial Health

For the three months ended September 29, Avino Silver & Gold Mines Ltd.’s quick ratio was 1.40, while its current ratio was 2.00, indicating its ability to pay off its debt. The company’s long-term debt to equity ratio for the quarter ending September 29 is 0.01, and the total debt to equity ratio is 0.07. Based on annual data, it had gross profit of $3.55 million and revenue of $11.23 million.

Earnings Surprise

According to Avino Silver & Gold Mines Ltd.’s quarterly financial report for the quarter that ended September 29. A lower net income was reported in the quarter under review than the previous quarter. It was predicted that Avino Silver & Gold Mines Ltd.’s quarterly earnings would be -$0.01, but it ended up being $0.02. EBITDA was $1.06 million for the quarter. At the end of Avino Silver & Gold Mines Ltd.’s most recent quarter ended September 29, its liabilities totaled 18.79 million, while its total debt was $6.79 million.

Technical Picture

Here’s a quick look at Avino Silver & Gold Mines Ltd.’s (ASM) price momentum from a technical perspective. As of 30 December, the RSI 9-day stood at 50.24%, suggesting the stock is Neutral, with a 47.16% historical volatility rate.

The stochastic %K and %D were 72.67% and 77.56% respectively, while the average true range (ATR) was 0.0318. Based on the 14-day stochastic reading of 70.25%, the RSI (14) reading is 51.43%. On the 9-day MACD Oscillator, the stock is at 0.0004.

Analyst Ratings

Avino Silver & Gold Mines Ltd. (AMEX: ASM) was downgraded by Noble Capital Markets to a a Market perform rating in its latest research report. The stock was previously rated as a an Outperform. Analysts have assigned Avino Silver & Gold Mines Ltd. (ASM) an Buy rating. ASM is a stock that is recommended for selling by 0 brokerage firms, while 0 companies recommend holding. The stock is underweighted by 0 analysts. Among the analysts who rate the stock, 0 rates it overweight and 4 others recommend it as a buy.

What is ASM’s price target for the next 12 months?

The current consensus forecast for the stock is between $1.25 and $2.00, with a median target price of $1.85. In analyzing these forecasts, the average price target given by analysts for Avino Silver & Gold Mines Ltd. (ASM) is $1.74.

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