Is Avino Silver & Gold Mines Ltd. (ASM) Good For Your Portfolio?

Avino Silver & Gold Mines Ltd. (AMEX:ASM) saw an upside of 1.62% to close Friday at $0.71 after adding $0.01 on the day. The 5-day average trading volume is 369,740 shares of the company’s common stock. It has gained $0.7300 in the past week and touched a new high 1 time within the past 5 days. An average of 577,425 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 640,480.

ASM’s 1-month performance is -17.64% or -$0.1510 on its low of $0.6650 reached on 05/18/23. The company’s shares have touched a 52-week low of $0.47 and high of $1.01, with the stock’s rally to the 52-week high happening on 04/14/23. YTD, ASM has achieved 4.40% or $0.0299 and has reached a new high 18 times. However, the current price is down -29.70% from the 52-week high price.

Valuation Metrics

ASM stock has a beta of 1.78. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 1.90 while the price-to-book (PB) in the most recent quarter is 0.86.

Avino Silver & Gold Mines Ltd.’s quick ratio for the period ended December 30 was 0.80, with the current ratio over the same period at 1.40. As well, the company’s long term debt to equity for the quarter ending December 30 was 0.02, while the total debt to equity was 0.03. In terms of profitability, the gross margin trailing 12 months is 29.10%. The firm’s gross profit as reported stood at $15.06 million against revenue of $44.19 million.

Earnings Surprise

For the quarterly period ending December 30 this year, Net income and sales went down compared to those figures reported in the previous quarter. Net income grew 166.45% to $3.1 million, while revenue of $0.0 was 100.0% off the previous quarter. Analysts expected ASM to announce $0.01 per share in earnings in its latest quarter, but it posted $0.01, representing a 0.00% surprise. EBITDA for the quarter stood at more than $1.03 million. ASM stock balance sheet for the quarter ending December 30 shows that total liabilities totaled 20.66 million, with total debt at $3.16 million.

Let’s look briefly at Avino Silver & Gold Mines Ltd. (ASM) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 26 May was 37.82% to suggest the stock is trending Neutral, with historical volatility in this time period at 47.24%.

The stock’s 5-day moving average is $0.7047, reflecting a -1.25% or -$0.0090 change from its current price. ASM is currently trading -16.24% above its 20-day SMA, +0.40% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 by +3.06% and SMA200 by+9.99%.

Stochastic %K and %D was 13.70% and 14.30% and the average true range (ATR) pointed at 0.0399. The RSI (14) points at 37.41%, while the 14-day stochastic is at 21.23% with the period’s ATR at 0.0414. The stock’s 9-day MACD Oscillator is pointing at -0.0058 and -0.0348 on the 14-day charts.

Analyst Ratings

Analysts offering their rating for ASM stock have a consensus rating for the stock as Buy. Currently, 0 brokerage advisors rate ASM as a “sell,”, while 0 advise that investors “Hold.” 0 analysts have rated the stock as underweight. 0 rates the stock as overweight while 4 have offered a “buy” rating.

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

Analysts have a consensus price target ranging from a low of $1.50 and a high of $2.00, with their median price target at $1.70. Looking at these predictions, the average price target given by analysts is for Avino Silver & Gold Mines Ltd. (ASM) stock is $1.73.

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