ASM Stock Summary and Trading Ideas (Avino Silver & Gold Mines Ltd. Common Shares (Canada) | AMEX:ASM)

Avino Silver & Gold Mines Ltd is a mineral resource company. It is engaged in the exploration, extraction, and processing of silver, gold, and copper and the acquisition, exploration, and advancement of mineral properties. The company generates majority of its revenues through the sale of Copper produced from its mines. Its project portfolio includes Avino; San Gonzalo; Oxide Tailings; Bralorne Gold and others.

Avino Silver & Gold Mines Ltd. Common Shares (Canada) trades on the AMEX stock market under the symbol ASM.

As of December 30, 2024, ASM stock price declined to $0.87 with 609,195 million shares trading.

ASM has a beta of 2.02, meaning it tends to be more sensitive to market movements. ASM has a correlation of 0.14 to the broad based SPY ETF.

ASM has a market cap of $122.26 million. This is considered a Micro Cap stock.

Last quarter Avino Silver & Gold Mines Ltd. Common Shares (Canada) reported $15 million in Revenue and $.04 earnings per share. This fell short of revenue expectation by $-1 million and exceeded earnings estimates by $.02.

In the last 3 years, ASM traded as high as $1.56 and as low as $.40.

The top ETF exchange traded funds that ASM belongs to (by Net Assets): SILJ, SETM.

ASM has outperformed the market in the last year with a return of +63.8%, while the SPY ETF gained +25.3%. However, in the most recent history, ASM shares have underperformed the stock market with its stock returning -25.0% in the last 3 month period and -17.9% for the last 2 week period, while SPY has returned +3.6% and -2.0%, respectively.

ASM support price is $.85 and resistance is $.92 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that ASM shares will trade within this expected range on the day.