Brokerage Firm Rating Update on Avino Silver (ASM)

Avino Silver (ASM) : 3 brokerage houses believe that Avino Silver (ASM) is a Strong Buy at current levels. Zacks Investment Research suggests a Hold with a rank of 3.The median of all the 3 Wall Street Analysts endorse the stock as a Strong Buy with a rating of 1.

Avino Silver (ASM) : The consensus price target for Avino Silver (ASM) is $3.38 for the short term with a standard deviation of $0.13. The most optimist securities analyst among the 3 who monitor the stock believes that the stock can reach $4, however, the pessimist price target for the company is $3.


For the current week, the company shares have a recommendation consensus of Buy.

Avino Silver (NYSEMKT:ASM): stock was range-bound between the intraday low of $2.33 and the intraday high of $2.5 after having opened at $2.49 on Wednesdays session. The stock finally closed in the red at $2.49, a loss of -2.02%. The stock remained in the red for the whole trading day. The total traded volume was 457,721 shares. The stock failed to cross $2.5 in Wednesdays trading. The stocks closing price on Thursday was $2.47.

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.

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