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Avino Silver & Gold Mines (ASM) in Focus: Stock Climbs 9.6%

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Avino Silver & Gold Mines Ltd.ASM was a big mover last session, as the company saw its shares soar around 10% on the day. Shares gained after the company announced that the testing of a newly constructed dedicated power line to the mine site was successful and the line has started operating fully at the design capacity of 5 megawatts. The news led to far more shares changing hands than in a normal session resulting in solid volume. This continues the recent uptrend for the company as the stock is now up 54.4% since Jun 2.

The company has seen two positive revisions in the past one month, while its Zacks Consensus Estimate moved higher over the same time frame, suggesting that more solid trading could be ahead for this stock. So make sure to keep an eye on this stock going forward to see if this recent jump can turn into more strength down the road.

Avino Silver & Gold Mines currently carries a Zacks Rank #3 (Hold), while its Earnings ESP is 0.00%.

AVINO SILVER&GD Price

AVINO SILVER&GD Price | AVINO SILVER&GD Quote

A better-ranked stock in the same industry is First Majestic Silver Corp. AG , carrying a Zacks Rank #2 (Buy).

Is ASM going up? Or down? Predict to see what others think: Up or Down

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FIRST MAJESTIC (AG): Free Stock Analysis Report

AVINO SILVER&GD (ASM): Free Stock Analysis Report

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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