Key Points
- Insider sale: Peter Latta sold 2,030 Avino Silver & Gold Mines shares at an average C$9.86, receiving approximately C$20,016. He retains 389,931 shares, representing a 0.52% reduction in his position.
- Company performance: Avino reported quarterly revenue of C$38.06 million and EPS of C$0.09, with a 37.17% net margin and 18.32% return on equity. The stock opened at C$10.14 and was down 4.2%.
- Institutional activity: Walleye Capital acquired 142,615 shares valued at about $904,000, while institutional investors collectively own 21.67% of Avino’s stock.
Avino Silver & Gold Mines Ltd. (TSE:ASM - Get Free Report) insider Peter Latta sold 2,030 shares of the business's stock in a transaction that occurred on Tuesday, September 1st. The shares were sold at an average price of C$9.86, for a total value of C$20,015.80. Following the completion of the sale, the insider owned 389,931 shares in the company, valued at C$3,844,719.66. The trade was a 0.52% decrease in their position.
Avino Silver & Gold Mines Trading Down 4.2%
TSE:ASM opened at C$10.14 on Friday. Avino Silver & Gold Mines Ltd. has a twelve month low of C$5.55 and a twelve month high of C$16.11. The company has a quick ratio of 1.29, a current ratio of 5.85 and a debt-to-equity ratio of 3.04. The business has a 50 day moving average price of C$9.12 and a two-hundred day moving average price of C$9.52. The company has a market cap of C$1.72 billion, a P/E ratio of 39.00 and a beta of 3.21.
Avino Silver & Gold Mines (TSE:ASM - Get Free Report) last posted its quarterly earnings data on Wednesday, August 12th. The company reported C$0.09 earnings per share (EPS) for the quarter. Avino Silver & Gold Mines had a net margin of 37.17% and a return on equity of 18.32%. The company had revenue of C$38.06 million for the quarter. As a group, analysts expect that Avino Silver & Gold Mines Ltd. will post 0.0949153 EPS for the current fiscal year.
Institutional Investors Weigh In On Avino Silver & Gold Mines
An institutional investor recently bought a new stake in Avino Silver & Gold Mines stock. Walleye Capital LLC purchased a new position in shares of Avino Silver & Gold Mines Ltd. (TSE:ASM - Free Report) during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 142,615 shares of the company's stock, valued at approximately $904,000. Walleye Capital LLC owned approximately 0.08% of Avino Silver & Gold Mines at the end of the most recent reporting period. Institutional investors own 21.67% of the company's stock.
Avino Silver & Gold Mines Company Profile
(
Get Free Report)
Avino is a silver producer from its wholly owned Avino Mine near Durango, Mexico. The Company's silver, gold and copper production remains unhedged. The Company intends to maintain long-term sustainable and profitable mining operations to reward shareholders and the community alike through our growth at the historic Avino Property and the strategic acquisition of the adjacent La Preciosa which was finalized in Q1 2022. Early in 2024, the Pre-feasibility Study on the Oxide Tailings Project was completed.
Further Reading
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