Avino Silver Outperforms Market as Earnings Report Nears

Zacks Investment Research··CAUS·Read original
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Summary · why it matters

Avino Silver (ASM) rose 1.65% to $5.55 in its latest close, outpacing the S&P 500's 0.6% gain, while the Dow added 0.83% and the Nasdaq climbed 0.64%. The stock has fallen 23.32% over the past month, underperforming the Basic Materials sector's 9.48% loss and the S&P 500's 1.34% gain. Ahead of its forthcoming earnings report, the company's projected EPS is $0.07, steady versus the same quarter last year, with consensus revenue estimated at $36.5 million, up 73.48% year over year. For the full year, Zacks Consensus Estimates anticipate earnings of $0.29 per share and revenue of $129.2 million, shifts of 0% and +40.09% respectively. The Zacks Consensus EPS estimate has moved 9.38% upward over the past month, and Avino Silver currently carries a Zacks Rank #3 (Hold) with a Forward P/E of 19.16, a premium to its industry's average of 11.89.

Impact on assets 1

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Avino Silver & Gold Mines Ltd
ASM
± MixedCapitalrelevance

Article reports Avino's upcoming earnings estimates (EPS $0.07, revenue +73.48% YoY) and Zacks Rank #3, but gives no clear directional development.