Sprott Inc. Boosts Stake in Avino Silver & Gold Mines Ltd. (NYSE:ASM)

Sprott Inc. lifted its holdings in shares of Avino Silver & Gold Mines Ltd. (NYSE:ASM) by 37.4% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 251,400 shares of the company’s stock after acquiring an additional 68,400 shares during the quarter. Sprott Inc. owned 0.18% of Avino Silver & Gold Mines worth $221,000 as of its most recent filing with the SEC.

Other institutional investors have also modified their holdings of the company. Tidal Investments LLC raised its holdings in Avino Silver & Gold Mines by 105.2% in the third quarter. Tidal Investments LLC now owns 6,900,224 shares of the company’s stock valued at $7,590,000 after acquiring an additional 3,537,466 shares in the last quarter. XTX Topco Ltd bought a new stake in shares of Avino Silver & Gold Mines in the 3rd quarter worth about $100,000. Finally, Jane Street Group LLC raised its stake in shares of Avino Silver & Gold Mines by 276.3% in the 3rd quarter. Jane Street Group LLC now owns 39,184 shares of the company’s stock valued at $43,000 after purchasing an additional 28,771 shares in the last quarter. Institutional investors and hedge funds own 3.11% of the company’s stock.

Avino Silver & Gold Mines Trading Up 3.2 %

Avino Silver & Gold Mines stock opened at $1.29 on Thursday. Avino Silver & Gold Mines Ltd. has a 1 year low of $0.45 and a 1 year high of $1.56. The firm’s 50-day moving average is $1.31 and its 200-day moving average is $1.12. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.43 and a current ratio of 2.36. The company has a market cap of $181.31 million, a P/E ratio of 64.53 and a beta of 1.97.

Wall Street Analyst Weigh In

A number of equities analysts recently commented on the company. Roth Mkm reiterated a “buy” rating and issued a $1.80 price target (down from $1.90) on shares of Avino Silver & Gold Mines in a research note on Thursday, November 14th. HC Wainwright reiterated a “buy” rating and issued a $1.90 target price (up previously from $1.80) on shares of Avino Silver & Gold Mines in a research report on Wednesday, January 22nd.

Avino Silver & Gold Mines Company Profile

Avino Silver & Gold Mines Ltd. engages in the mining and exploration activities. It focuses on silver reserves in the Durango region of North Central Mexico. It operates through the Silver, Gold, and Copper segments. The company was founded on May 15, 1968 and is headquartered in Vancouver, Canada.