Avino Silver & Gold Mines (NYSEAMERICAN:ASM) announced its quarterly earnings data on Wednesday, May 8th. The basic materials company reported ($0.01) EPS for the quarter, hitting the Zacks’ consensus estimate of ($0.01), Zacks reports. The firm had revenue of $6.71 million during the quarter, compared to analyst estimates of $8.51 million.
Shares of ASM traded down $0.05 during trading hours on Friday, hitting $0.43. 406,100 shares of the company were exchanged, compared to its average volume of 242,034. Avino Silver & Gold Mines has a fifty-two week low of $0.42 and a fifty-two week high of $1.41.
A number of equities research analysts have recently issued reports on the company. Zacks Investment Research upgraded Avino Silver & Gold Mines from a “hold” rating to a “buy” rating and set a $0.75 price objective on the stock in a research note on Tuesday, March 19th. HC Wainwright reissued a “buy” rating and set a $1.50 target price on shares of Avino Silver & Gold Mines in a report on Thursday, February 28th. Finally, Noble Financial reissued a “hold” rating on shares of Avino Silver & Gold Mines in a report on Tuesday, January 22nd.
Avino Silver & Gold Mines Ltd., together with its subsidiaries, engages in the acquisition, exploration, and advancement of mineral properties in Canada. It primarily explores for gold, silver, and copper deposits. The company owns interests in 42 mineral claims and 4 leased mineral claims comprising Avino mine area property comprising 4 concessions covering 154.4 hectares, 24 exploitation concessions covering 1,284.7 hectares, and 1 leased exploitation concession covering 98.83 hectares; Gomez Palacio property comprises 9 exploration concessions covering 2,549 hectares; Santiago Papasquiaro property comprising 4 exploration concessions covering 2,552.6 hectares and 1 exploitation concession covering 602.9 hectares; and Unification La Platosa properties comprising 3 leased concessions located in the state of Durango, Mexico.
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