Roth MKM analyst Joe Reagor raised the firm’s price target on Avino Silver & Gold Mines to $2 from $1.90 and keeps a Buy rating on the shares. The company’s Q4 results were above expectations and Avino has significantly strengthened its balance sheet, the analyst tells investors in a research note. Including additional capital spending for La Preciosa was offset by the pull forward of the annual discount cash flow from year end 2023 to year end 2024, Roth adds.
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