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 April 19, 2024, ASM stock price was flat at $0.74 with 147,377 million shares trading.

ASM has a beta of 0.06, meaning it tends to be less sensitive to market movements. ASM has a correlation of 0.00 to the broad based SPY ETF.

ASM has a market cap of $93.10 million. This is considered a Micro Cap stock.

Last quarter Avino Silver & Gold Mines Ltd. Common Shares (Canada) reported $13 million in Revenue and $.02 earnings per share. This beat revenue expectation by $510,000 and exceeded earnings estimates by $.01.

In the last 3 years, ASM stock traded as high as $1.44 and as low as $.40.

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

ASM has underperformed the market in the last year with a price return of -21.8% while the SPY ETF gained +22.0%. However, in the short term, ASM had mixed performance relative to the market. It has outperformed in the last 3 months, returning +61.5% vs +4.9% return in SPY. But in the last 2 weeks, ASM shares have been beat by the market, returning -3.1% compared to an SPY return of -2.8%.

ASM support price is $.70 and resistance is $.78 (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 stock will trade within this expected range on the day.