Avino Silver & Gold Mines (NYSEAMERICAN:ASM) Releases Quarterly Earnings Results, Misses Estimates By $0.01 EPS

Avino Silver & Gold Mines (NYSEAMERICAN:ASM) issued its quarterly earnings data on Thursday. The basic materials company reported ($0.02) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.01) by ($0.01), Fidelity Earnings reports. The company had revenue of $6.80 million during the quarter, compared to analyst estimates of $7.60 million.

NYSEAMERICAN ASM traded up $0.01 during trading on Friday, hitting $0.51. The stock had a trading volume of 468,552 shares, compared to its average volume of 372,225. Avino Silver & Gold Mines has a 12 month low of $0.39 and a 12 month high of $0.81.

Several equities research analysts have commented on the company. Noble Financial restated a “hold” rating on shares of Avino Silver & Gold Mines in a research note on Friday, August 9th. HC Wainwright restated a “buy” rating on shares of Avino Silver & Gold Mines in a research note on Thursday, October 17th. Finally, Zacks Investment Research cut Avino Silver & Gold Mines from a “hold” rating to a “sell” rating in a research note on Monday, November 4th.

Avino Silver & Gold Mines Company Profile

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.

Further Reading: What is the Beige Book?

Earnings History for Avino Silver & Gold Mines (NYSEAMERICAN:ASM)

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