Analysts predict Avino Silver & Gold Mines Ltd. (ASM) stock to reach $1.6 in the next 12 months

Avino Silver & Gold Mines Ltd. [ASM] stock prices are up 16.86% to $0.84 at the moment. An important factor to consider is whether the stock is rising or falling in short-term value. The ASM shares have gain 20.06% over the last week, with a monthly amount glided 7.78%, and seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Avino Silver & Gold Mines Ltd. [AMEX: ASM] stock has seen the most recent analyst activity on September 13, 2018, when Noble Capital Markets downgraded its rating to a Market Perform. Previously, H.C. Wainwright reaffirmed its Buy rating on February 14, 2018, and dropped its price target to $3.25. On January 24, 2017, Rodman & Renshaw reiterated its Buy rating and revised its price target to $4 on the stock. Euro Pacific Capital reiterated its Buy rating and increased its price target to $2.10 on March 28, 2016. H.C. Wainwright initiated its recommendation with a Buy and recommended $2.10 as its price target on May 30, 2014. Noble Financial started tracking with a Buy rating for this stock on April 29, 2014, and assigned it a price target of $3.

The stock price of Avino Silver & Gold Mines Ltd. [ASM] has been fluctuating between $0.40 and $0.88 over the past year. Currently, Wall Street analysts expect the stock to reach $1.6 within the next 12 months. Avino Silver & Gold Mines Ltd. [AMEX: ASM] shares were valued at $0.84 at the most recent close of the market. An investor can expect a potential return of 90.48% based on the average ASM price forecast.

Analyzing the ASM fundamentals

The Avino Silver & Gold Mines Ltd. [AMEX:ASM] reported sales of 45.88M for trailing twelve months, representing a surge of 26.84%. Gross Profit Margin for this corporation currently stands at 0.16% with Operating Profit Margin at -0.02%, Pretax Profit Margin comes in at -0.01%, and Net Profit Margin reading is 0.01%. To continue investigating profitability, this company’s Return on Assets is posted at 0.0, Equity is 0.01 and Total Capital is -0.01. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.03.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 0.7702 points at the first support level, and at 0.6969 for the second support level. However, for the 1st resistance point, the stock is sitting at 0.8804, and for the 2nd resistance point, it is at 0.9173.

Avino Silver & Gold Mines Ltd. [ASM] reported earnings per share of $0 for its fiscal quarter that ended on 12/31/2023. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of $0.01/share, meaning a difference of -$0.01 and a surprise factor of -100.00%. By comparison, the stated earnings for the previous quarter ended on 9/30/2023 were -$0.01 per share as compared to estimates of $0.01 per share, a difference of -$0.02 representing a surprise of -200.00%.

Ratios To Look Out For

It’s worth pointing out that Avino Silver & Gold Mines Ltd. [AMEX:ASM]’s Current Ratio is 1.77. On the other hand, the Quick Ratio is 1.11, and the Cash Ratio is 0.19. Considering the valuation of this stock, the price to sales ratio is 2.41, the price to book ratio is 0.92 and price to earnings (TTM) ratio is 73.34.

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