Analyst Price Target Update on Avino Silver (NYSEMKT:ASM)

Avino Silver (NYSEMKT:ASM): 3 analysts have set the short term price target of Avino Silver (NYSEMKT:ASM) at $2.35. The standard deviation of short term price target has been estimated at $0.3, implying that the actual price may fluctuate by this value. The higher and the lower price estimates are $ 3 and $2 respectively.

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

Avino Silver (NYSEMKT:ASM) : On Monday heightened volatility was witnessed in Avino Silver (NYSEMKT:ASM) which led to swings in the share price. The stock opened for trading at $2.15 and hit $2.35 on the upside , eventually ending the session at $2.29, with a gain of 9.57% or 0.2 points. The heightened volatility saw the trading volume jump to 1,096,106 shares. The 52-week high of the share price is $2.35 and the company has a market cap of $88 million. The 52-week low of the share price is at $0.71 .

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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