Avino Silver (NYSEMKT:ASM) : Traders are bullish on Avino Silver (NYSEMKT:ASM) as it has outperformed the S&P 500 by a wide margin of 35.14% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 7.34%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 8.71% in the last 1 week, and is up 37.32% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
The company shares have rallied 170.76% from its 1 Year high price. On Jul 6, 2016, the shares registered one year high at $2.91 and the one year low was seen on Jan 20, 2016. The 50-Day Moving Average price is $2.06 and the 200 Day Moving Average price is recorded at $1.32.
The stock has recorded a 20-day Moving Average of 20.51% and the 50-Day Moving Average is 56.99%.
Avino Silver (NYSEMKT:ASM): stock turned positive on Friday. Though the stock opened at $2.62, the bulls momentum made the stock top out at $2.9 level for the day. The stock recorded a low of $2.62 and closed the trading day at $2.87, in the green by 5.90%. The total traded volume for the day was 835,123. The stock had closed at $2.71 in the previous days trading.
Avino Silver & Gold Mines Ltd. is engaged in the production and sale of silver, gold, and copper and the acquisition, exploration and evaluation of mineral properties. The Company holds mineral claims and leases in Durango, Mexico and in British Columbia and the Yukon Territory, Canada. As of December 31, 2014, the Companys production, exploration, and evaluation activities were conducted on its Avino Property and its Bralorne Mine property. The Company holds a 99.66% effective interest in Compania Minera Mexicana de Avino, S.A. de C.V. (Avino Mexico), and a Mexican corporation which owns the Avino Property. The Avino Property covers approximately 1,104 hectares (excluding La Potosina) and is located approximately 80 km North-East of the city of Durango. The Company also holds 100% interest in the Bralorne Mine property through its ownership of Bralorne Gold Mines Ltd.