Noble Capital Markets lifts Avino Silver & Gold Mines Ltd. [ASM] price estimate. Who else is bullish?

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Avino Silver & Gold Mines Ltd. [AMEX: ASM] gained 11.82% on the last trading session, reaching $1.23 price per share at the time.

If compared to the average trading volume of 1.06M shares, ASM reached a trading volume of 2186115 in the most recent trading day, which is why market watchdogs consider the stock to be active.

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Here is what top equities market gurus are saying about Avino Silver & Gold Mines Ltd. [ASM]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for ASM shares is $1.70 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on ASM stock is a recommendation set at 1.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Noble Capital Markets have made an estimate for Avino Silver & Gold Mines Ltd. shares, keeping their opinion on the stock as Market Perform, with their previous recommendation back on September 13, 2018. While these analysts kept the previous recommendation, H.C. Wainwright dropped their target price from $4 to $3.25. The new note on the price target was released on February 14, 2018, representing the official price target for Avino Silver & Gold Mines Ltd. stock. Previously, the target price had yet another raise from $3.50 to $4, while Rodman & Renshaw kept a Buy rating on ASM stock. On March 28, 2016, analysts increased their price target for ASM shares from 1.80 to 2.10.

The Average True Range (ATR) for Avino Silver & Gold Mines Ltd. is set at 0.07, with the Price to Sales ratio for ASM stock in the period of the last 12 months amounting to 3.30. The Price to Book ratio for the last quarter was 1.32, with the Price to Cash per share for the same quarter was set at 0.04.

Trading performance analysis for ASM stock

Avino Silver & Gold Mines Ltd. [ASM] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 9.82. With this latest performance, ASM shares gained by 23.51% in over the last four-week period, additionally plugging by 55.81% over the last 6 months – not to mention a rise of 151.02% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for ASM stock in for the last two-week period is set at 64.57, with the RSI for the last a single of trading hit 67.80, and the three-weeks RSI is set at 62.03 for Avino Silver & Gold Mines Ltd. [ASM]. The present Moving Average for the last 50 days of trading for this stock 1.0254, while it was recorded at 1.1540 for the last single week of trading, and 0.8041 for the last 200 days.

Avino Silver & Gold Mines Ltd. [ASM]: A deeper dive into fundamental analysis

Avino Silver & Gold Mines Ltd.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.30 and a Current Ratio set at 2.11.

Avino Silver & Gold Mines Ltd. [ASM]: An earnings per share (EPS) analysis

With the latest financial reports released by the company, Avino Silver & Gold Mines Ltd. posted -0.01/share EPS, while the average EPS was predicted by analysts to be reported at 0.01/share. When compared, the two values demonstrate that the company fail the estimates by a Surprise Factor of -0.02. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for ASM.

An analysis of Institutional ownership at Avino Silver & Gold Mines Ltd. [ASM]

There are presently around $7.58%, or 7.73%% of ASM stock, in the hands of institutional investors. The top three institutional holders of ASM stocks are: TOROSO INVESTMENTS, LLC with ownership of 3.36 million shares, which is approximately 2.5862%. PERRITT CAPITAL MANAGEMENT INC, holding 0.8 million shares of the stock with an approximate value of $$0.72 million in ASM stocks shares; and PERRITT CAPITAL MANAGEMENT INC, currently with $$0.7 million in ASM stock with ownership which is approximately 0.5942%.

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