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Company’s Banking Shares: Up -25.13% from 52-Week Low, But Can the Momentum Hold?

Avino Silver & Gold Mines Ltd.’s market performance has been unstable in recent times. The company’s stock hit a 1-year high of $1.01 on 04/14/23 and a low of $0.40 for the same time frame on 11/01/23.

52-week price history of ASM Stock

A stock’s 52-week high and low prices can reveal much about its current status and future trajectory. Avino Silver & Gold Mines Ltd.’s current trading price is -25.13% away from its 52-week high, while its distance from the 52-week low is 89.05%. The stock’s price range during this period has spanned from $0.40 to $1.01. In the Basic Materials sector, the Avino Silver & Gold Mines Ltd.’s shares surpassed a trading volume of approximately 2.32 million for the day, which was noticeably higher compared to the average daily volume of 9.0.52 million over the past three months.

Market Capitalization and Financial Performance: An In-Depth Look

Avino Silver & Gold Mines Ltd. (ASM) has experienced a quarterly rise of 42.95% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 98.31M.

Making Sense of Trading Volume and Moving Average Data

Based on Barchart.com data, the company’s moving average over the 100-day period was 0.4987, with a change in price of +0.2762. Similarly, Avino Silver & Gold Mines Ltd. recorded 651,412 in trading volume during the last 100 days, posting a change of +57.54%.

Examining ASM’s Debt-to-Equity Ratio: What You Need to Know

The debt-to-equity (D/E) ratio is a crucial measure that sheds light on a company’s financial health and market standing. It is determined by dividing a company’s overall liabilities by its shareholders’ equity, showing the extent of a company’s debt usage in financing its assets compared to the shareholders’ equity. At the time of writing, the total D/E ratio for ASM stands at 0.03. Similarly, the long-term debt-to-equity ratio is also 0.01.

ASM Stock Stochastic Average

Today, Avino Silver & Gold Mines Ltd.’s raw stochastic average for the past 50 days stands at 100.00%, indicating a rise from the raw stochastic average of the last 20 days, which was 100.00%. Moreover, the company’s Stochastic %K and %D values over the past 20 days were 99.84% and 93.59% respectively.

ASM Stock Price Performance Analysis

A mixed performance in the stock price over the year has left investors with either an optimistic or pessimistic outlook, depending on their point of view. Until today this year the stock’s price performance recorded an increase of 44.31%. However, over the last six months, the performance has been weaker by 43.08%. The price of ASM increased 65.51% over the last 30 days. And in the last five days, it has surged by 32.20%.