Zacks Investment Research upgraded shares of Avino Silver and Gold Mines Ltd (NYSEMKT:ASM) from a sell rating to a hold rating in a report issued on Tuesday morning.

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. “

Other analysts have also issued reports about the company. HC Wainwright reissued a buy rating and issued a $4.00 price target on shares of Avino Silver and Gold Mines in a research note on Thursday, August 3rd. Noble Financial reissued a buy rating on shares of Avino Silver and Gold Mines in a research note on Friday, August 4th. Two equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. The stock currently has an average rating of Buy and a consensus target price of $3.75.

Shares of Avino Silver and Gold Mines (NYSEMKT:ASM) opened at 1.57 on Tuesday. Avino Silver and Gold Mines has a one year low of $1.12 and a one year high of $2.59. The company has a 50-day moving average of $1.65 and a 200 day moving average of $1.62. The stock has a market capitalization of $82.35 million, a price-to-earnings ratio of 20.93 and a beta of 1.24.

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An institutional investor recently bought a new position in Avino Silver and Gold Mines stock. OppenheimerFunds Inc. bought a new stake in shares of Avino Silver and Gold Mines Ltd (NYSEMKT:ASM) during the 1st quarter, according to its most recent filing with the SEC. The firm bought 1,347,200 shares of the basic materials company’s stock, valued at approximately $2,358,000.

Avino Silver and Gold Mines Company Profile

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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