Analysts Offer Insights on Materials Companies: Aqua Metals (AQMS) and Avino Silver & Gold (ASM)


There’s a lot to be optimistic about in the Materials sector as 2 analysts just weighed in on Aqua Metals (NASDAQ:AQMS) and Avino Silver & Gold (NYSE:ASM) with bullish sentiments.

Aqua Metals (AQMS)

In a report released today, Amit Dayal from H.C. Wainwright maintained a Buy rating on Aqua Metals, with a price target of $4. The company’s shares closed yesterday at $2.91, close to its 52-week low of $1.42.

According to TipRanks.com, Dayal has currently no stars on a ranking scale of 0-5 stars, with an average return of -5.1% and a 37.5% success rate. Dayal covers the Consumer Goods sector, focusing on stocks such as Superconductor Technologies Inc, Pointer Telocation Ltd, and Pacific Ethanol.

Aqua Metals has an analyst consensus of Strong Buy, with a price target consensus of $12.67, implying a 335.4% upside from current levels. In a report released today, Oppenheimer also reiterated a Buy rating on the stock with a $14 price target.

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Avino Silver & Gold (ASM)

In a report released today, Heiko Ihle from H.C. Wainwright reiterated a Buy rating on Avino Silver & Gold, with a price target of $3.25. The company’s shares closed yesterday at $1.12, close to its 52-week low of $1.08.

Ihle wrote:

“We highlight that Avino continues to remain profitable at current metals prices, while many of its peers are struggling to do so. Although the firm benefited from slightly higher metals prices during the quarter, we attribute the firm’s ability to maintain profitable operations to management’s focus on containing costs while simultaneously growing the business.”

According to TipRanks.com, Ihle is a 3-star analyst with an average return of 1.8% and a 35.6% success rate. Ihle covers the Basic Materials sector, focusing on stocks such as Solitario Exploration & Royalty, Americas Silver Corporation, and Golden Star Resources Ltd.

Currently, the analyst consensus on Avino Silver & Gold is a Moderate Buy with an average price target of $2.63.

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