Perritt Capital Management Inc Sells 35,000 Shares of Avino Silver & Gold Mines Ltd. (NYSE:ASM)

Perritt Capital Management Inc lowered its stake in Avino Silver & Gold Mines Ltd. (NYSE:ASM) by 5.0% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 665,000 shares of the company’s stock after selling 35,000 shares during the quarter. Perritt Capital Management Inc owned 0.47% of Avino Silver & Gold Mines worth $586,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Jane Street Group LLC raised its holdings in Avino Silver & Gold Mines by 276.3% during the 3rd quarter. Jane Street Group LLC now owns 39,184 shares of the company’s stock valued at $43,000 after buying an additional 28,771 shares during the last quarter. Prudential Financial Inc. purchased a new position in shares of Avino Silver & Gold Mines in the fourth quarter valued at about $80,000. XTX Topco Ltd bought a new position in shares of Avino Silver & Gold Mines during the third quarter valued at about $100,000. JPMorgan Chase & Co. purchased a new stake in shares of Avino Silver & Gold Mines during the fourth quarter worth about $147,000. Finally, Sprott Inc. grew its stake in shares of Avino Silver & Gold Mines by 37.4% in the fourth quarter. Sprott Inc. now owns 251,400 shares of the company’s stock worth $221,000 after purchasing an additional 68,400 shares during the last quarter. Hedge funds and other institutional investors own 3.11% of the company’s stock.

Analyst Ratings Changes

A number of research analysts have commented on the company. StockNews.com raised Avino Silver & Gold Mines from a “hold” rating to a “buy” rating in a research report on Monday, March 17th. HC Wainwright upped their target price on Avino Silver & Gold Mines from $1.90 to $2.20 and gave the company a “buy” rating in a report on Wednesday, March 12th.

Avino Silver & Gold Mines Stock Performance

Shares of ASM opened at $1.75 on Wednesday. The company has a 50-day simple moving average of $1.61 and a two-hundred day simple moving average of $1.30. The company has a debt-to-equity ratio of 0.01, a current ratio of 2.36 and a quick ratio of 1.43. The firm has a market capitalization of $246.52 million, a PE ratio of 87.54 and a beta of 1.87. Avino Silver & Gold Mines Ltd. has a one year low of $0.68 and a one year high of $2.00.

Avino Silver & Gold Mines 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.