Avino Silver & Gold Mines Ltd (ASM) is expecting 49.42% growth in the next quarter: What can investors do to maximize their returns?

Steve Mayer

Avino Silver & Gold Mines Ltd (AMEX: ASM) on Friday, soared 6.46% from the previous trading day, before settling in for the closing price of $4.8. Within the past 52 weeks, ASM’s price has moved between $0.85 and $4.90.

The company achieved an average annual earnings per share of 145.83%. With a float of $140.94 million, this company’s outstanding shares have now reached $146.55 million.

Avino Silver & Gold Mines Ltd (ASM) Insider Activity

Observing investor behavior towards Other Precious Metals & Mining industry stocks is more important than anything else. The insider ownership of Avino Silver & Gold Mines Ltd is 5.96%, while institutional ownership is 17.41%.

Avino Silver & Gold Mines Ltd (ASM) Earnings and Forecasts

As on 9/30/2024, Multinational firm has announced its last quarter scores, in which it reported 0.01 earnings per share (EPS) for the period falling under the consensus outlook (set at 0.03) by -0.02. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.05 per share during the current fiscal year. According to the Wall Street analysts, stocks earnings will be around 145.83% per share during the next fiscal year.

Avino Silver & Gold Mines Ltd (AMEX: ASM) Trading Performance Indicators

Avino Silver & Gold Mines Ltd (ASM) is currently performing well based on its current performance indicators. A quick ratio of 2.62 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 9.84. Likewise, its price to free cash flow for the trailing twelve months is 37.39.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.11, a number that is poised to hit 0.04 in the next quarter and is forecasted to reach 0.25 in one year’s time.

Technical Analysis of Avino Silver & Gold Mines Ltd (ASM)

Looking closely at Avino Silver & Gold Mines Ltd (AMEX: ASM), its last 5-days average volume was 5.95 million, which is a jump from its year-to-date volume of 4.14 million. As of the previous 9 days, the stock’s Stochastic %D was 69.52%.

During the past 100 days, Avino Silver & Gold Mines Ltd’s (ASM) raw stochastic average was set at 94.35%, which indicates a significant increase from 86.38% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.27 in the past 14 days, which was higher than the 0.23 volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $4.03, while its 200-day Moving Average is $2.56. However, in the short run, Avino Silver & Gold Mines Ltd’s stock first resistance to watch stands at $5.33. Second resistance stands at $5.54. The third major resistance level sits at $5.80. If the price goes on to break the first support level at $4.85, it is likely to go to the next support level at $4.59. Should the price break the second support level, the third support level stands at $4.38.

Avino Silver & Gold Mines Ltd (AMEX: ASM) Key Stats

Market capitalization of the company is 765.84 million based on 151,063K outstanding shares. Right now, sales total 66,180 K and income totals 8,100 K. The company made 21,810 K in profit during its latest quarter, and 2,860 K in sales during its previous quarter.

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