Noble Financial Remains a Hold on Avino Silver & Gold (ASM)


Noble Financial analyst Mark Reichman maintained a Hold rating on Avino Silver & Gold (ASM) on March 1. The company’s shares opened today at $0.63, close to its 52-week low of $0.50.

According to TipRanks.com, Reichman has 0 stars on 0-5 star ranking scale with an average return of -8.1% and a 32.9% success rate. Reichman covers the Basic Materials sector, focusing on stocks such as Endeavour Silver Corp, Great Panther Silver, and Pershing Gold Corp.

Currently, the analyst consensus on Avino Silver & Gold is a Moderate Buy with an average price target of $2.

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Based on Avino Silver & Gold’s latest earnings release for the quarter ending December 31, the company reported a quarterly net profit of $981K. 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.

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