In a report released yesterday, Mark Reichman from Noble Financial maintained a Hold rating on Avino Silver & Gold (ASM). The company’s shares closed yesterday at $0.58, close to its 52-week low of $0.50.
According to TipRanks.com, Reichman is ranked 0 out of 5 stars with an average return of -19.0% and a 8.1% success rate. Reichman covers the Basic Materials sector, focusing on stocks such as Endeavour Silver Corp, Great Panther Silver, and Pershing Gold Corp.
Avino Silver & Gold has an analyst consensus of Moderate Buy, with a price target consensus of $2.
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Based on Avino Silver & Gold’s latest earnings release for the quarter ending September 30, the company reported a quarterly GAAP net loss of $1.01 million. In comparison, last year the company had a net profit of $1.5 million.
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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.
