Avino Silver & Gold Mines Ltd. (AMEX: ASM) stock jumped 1.40% on Friday to $0.65 against a previous-day closing price of $0.64. With 0.83 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.42 million shares. During the session, the Other Precious Metals & Mining company that operates in wider Basic Materials sector, reached to the highest price of $0.6728 whereas the lowest price it dropped to was $0.6120. The 52-week range on ASM shows that it touched its highest point at $1.01 and its lowest point at $0.47 during that stretch. Beta for the stock currently stands at 1.78.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of ASM was up-trending over the past week, with a rise of 9.24%, but this was down by -0.69% over a month. Three-month performance dropped to -3.27% while six-month performance fell -5.65%. The stock gained 18.38% in the past year, while it has lost -4.43% so far this year. A look at the trailing 12-month EPS for ASM yields 0.01 with Next year EPS estimates of 0.10. For the next quarter, that number is 0.02. This implies an EPS growth rate of 228.10% for this year and 81.82% for next year.
Float and Shares Shorts:
At present, 119.20 million ASM shares are outstanding with a float of 105.86 million shares on hand for trading. On Aug 30, 2023, short shares totaled 0.33 million, which was 0.27% higher than short shares on Jul 30, 2023. In addition to Mr. David Wolfin as the firm’s Pres, CEO & Director, Mr. Nathan Harte CPA serves as its Chief Financial Officer.
Through their ownership of 2.53% of ASM’s outstanding shares, institutional investors have minority control over the company. Other institutions hold — of ASM, in contrast to — held by mutual funds. Shares owned by individuals account for –. With a 0.30% stake in ASM, the WS Charteris Gold & Precious Meta is the largest stakeholder. A total of 362,000 shares are owned by the mutual fund manager. The Globo I, which owns about 0.12% of ASM stock, is the second-largest Mutual Fund holder. It holds 150,000 shares valued at 94500.0. GR Dynamik holds 0.08% of the stake in ASM, owning 100,000 shares worth 63000.0.
An Overview of Recent Financials:
Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on Jun 29, 2023, ASM reported revenue of $9.37M and operating income of $1.68M. The EBITDA in the recently reported quarter was $2.17M and diluted EPS was $0.02.
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for ASM since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential. With ASM analysts setting a high price target of $2.00 and a low target of $1.60, the average target price over the next 12 months is $1.77. Based on these targets, ASM could surge 207.69% to reach the target high and rise by 146.15% to reach the target low. Reaching the average price target will result in a growth of 172.31% from current levels.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy.