Avino Silver (ASM) has been under a strong bear grip, hence the stock is down -11.63% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 4.51% in the past 1 week. The stock has risen by 4.56% in the past week indicating that the buyers are active at lower levels, but the stock is down -10.71% in the past 4 weeks.
The stock has recorded a 20-day Moving Average of 1.7% and the 50-Day Moving Average is 10.56%. Avino Silver (NYSEMKT:ASM): stock turned positive on Friday. Though the stock opened at $2.76, the bulls momentum made the stock top out at $2.78 level for the day. The stock recorded a low of $2.7 and closed the trading day at $2.75, in the green by 0.36%. The total traded volume for the day was 540,111. The stock had closed at $2.74 in the previous days trading.
Institutional Investors own 6.07% of Avino Silver shares.
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.