Noble Financial Sticks to Its Hold Rating for Avino Silver & Gold Mines (ASM)


According to The Fly, wall Street analyst has provided a rating update for the Materials sector company yesterday, while remaining neutral on the stock. Analyst Mark Reichman from Noble Financial reiterated a Hold rating on Avino Silver & Gold Mines (TSXV: ASM)

According to TipRanks.com, Reichman has currently no stars on a ranking scale of 0-5 stars, with an average return of -10.5% and a 19.6% success rate. Reichman covers the Basic Materials sector, focusing on stocks such as Endeavour Silver Corp, Great Panther Silver, and Avino Silver & Gold.

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The the analyst consensus on Avino Silver & Gold Mines is currently a Moderate Buy rating.

Avino Silver & Gold Mines’ market cap is currently C$49.1M and has a P/E ratio of 11.3. The company has a Price to Book ratio of 0.51.

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.

The company’s shares closed on Tuesday at C$0.88, close to its 52-week low of C$0.74.

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