A Reversal for Avino Silver & Gold Mines Ltd Is Not Near. The Stock Declines Again


The stock of Avino Silver & Gold Mines Ltd (CVE:ASM) is a huge mover today! The stock decreased 3.03% or $0.09 on September 13, hitting $2.88. About 52,836 shares traded hands. Avino Silver & Gold Mines Ltd (CVE:ASM) has risen 6.00% since August 15, 2016 and is uptrending. It has underperformed by 10.49% the S&P500.
The move comes after 8 months negative chart setup for the $133.07M company. It was reported on Sep, 14 by Barchart.com. We have $2.48 PT which if reached, will make CVE:ASM worth $18.63 million less.

Avino Silver & Gold Mines Ltd. is a resource company. The company has a market cap of $133.07 million. The Firm is focused on silver, gold, and copper exploration, extraction and processing. It currently has negative earnings. It extracts resources and processes a bulk concentrate at the San Gonzalo Mine and a copper concentrate from the Avino Mine, both of which are located on the Avino property in Durango, Mexico.

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