Avino Silver & Gold Mines Ltd. (ASM) stock expected to rise by 48.15%: What’s driving the optimism?

A share price of Avino Silver & Gold Mines Ltd. [ASM] is currently trading at $1.08, up 4.85%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The ASM shares have gain 3.85% over the last week, with a monthly amount glided 20.94%, 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.

Avino Silver & Gold Mines Ltd. experienced fluctuations in its stock price throughout the past year between $0.40 and $1.13. 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 $1.08 at the most recent close of the market. An investor can expect a potential return of 48.15% based on the average ASM price forecast.

Analyzing the ASM fundamentals

Trailing Twelve Months sales for Avino Silver & Gold Mines Ltd. [AMEX:ASM] were 45.88M which represents 26.84% growth. Gross Profit Margin for this corporation currently stands at 0.17% with Operating Profit Margin at -0.01%, Pretax Profit Margin comes in at 0.01%, and Net Profit Margin reading is 0.03%. To continue investigating profitability, this company’s Return on Assets is posted at 0.01, Equity is 0.01 and Total Capital is -0.0. 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 1.0433 points at the first support level, and at 1.0067 for the second support level. However, for the 1st resistance point, the stock is sitting at 1.1033, and for the 2nd resistance point, it is at 1.1267.

Ratios To Look Out For

To put it in perspective, the Current Ratio for Avino Silver & Gold Mines Ltd. [AMEX:ASM] is 1.77. In addition, the Quick Ratio stands at 1.11 and the Cash Ratio stands at 0.27. Considering the valuation of this stock, the price to sales ratio is 3.13, the price to book ratio is 1.17 and price to earnings (TTM) ratio is 93.91.

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