Noble Financial Downgrades Avino Silver & Gold (ASM) to Hold

In a report issued on September 13, Mark Reichman from Noble Financial downgraded Avino Silver & Gold (NYSE: ASM) to Hold. The company’s shares closed on Friday at $0.90, close to its 52-week low of $0.85.

According to, Reichman ‘s ranking currently consits of no stars on a 0-5 ranking scale, with an average return of -17.4% and a 14.8% success rate. Reichman covers the Basic Materials sector, focusing on stocks such as Endeavour Silver Corp, Great Panther Silver, and Pershing Gold Corp.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Avino Silver & Gold with a $3.25 average price target.

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Avino Silver & Gold’s market cap is currently $49.93M and has a P/E ratio of 14.92. The company has a Price to Book ratio of 0.68.

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Avino Silver & Gold Mines Ltd. engages in mining and exploration activities. It focuses in silver reserves in Durango region of North Central Mexico. It operates through the Silver, Gold, and Copper segments. The company was founded on May 15, 1968 and is headquartered in Vancouver, Canada.

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