Avino Silver and Gold Mines Ltd (ASM) Upgraded to Buy by Zacks Investment Research

Zacks Investment Research upgraded shares of Avino Silver and Gold Mines Ltd (NYSEMKT:ASM) from a hold rating to a buy rating in a report issued on Tuesday. Zacks Investment Research currently has $1.50 price objective on the stock.

According to Zacks, “Avino Silver & Gold Mines Ltd. is engaged in exploration and development of mineral properties. The company primarily explores for silver along with gold, copper and lead. Its properties are mainly located in British Columbia, the Yukon Territory, Mexico and Canada. Avino Silver & Gold Mines Ltd. is headquartered in Vancouver, Canada. “

Several other research analysts have also commented on ASM. Roth Capital began coverage on Avino Silver and Gold Mines in a research report on Thursday, November 3rd. They issued a buy rating for the company. TheStreet raised Avino Silver and Gold Mines from a sell rating to a hold rating in a research report on Tuesday, November 29th. One analyst has rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of Buy and a consensus target price of $2.24.

Avino Silver and Gold Mines (NYSEMKT:ASM) traded down 0.70% during mid-day trading on Tuesday, reaching $1.41. 503,139 shares of the company traded hands. Avino Silver and Gold Mines has a 12-month low of $0.71 and a 12-month high of $3.14. The stock has a market capitalization of $63.80 million, a price-to-earnings ratio of 70.50 and a beta of 1.24. The company’s 50-day moving average is $1.35 and its 200-day moving average is $2.08.

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About Avino Silver and Gold Mines

Avino Silver and Gold Mines Ltd is a Canada-based resource company. It is focused on silver, gold, and copper exploration, extraction and processing. It extracts resources and processes a bulk concentrate at the San Gonzalo Mine and a copper concentrate from the Avino Mine, both of which are located on the Avino property in Durango, Mexico.

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