H.C. Wainwright raised the firm’s price target on Avino Silver & Gold Mines to $4.80 from $2.80 and keeps a Buy rating on the shares. The firm notes that its “sharply” higher target is primarily driven by increases in its precious metal price deck, but notes that it also made edits to the long-term forecast for both Avino sites.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ASM:
- Avino Silver & Gold Mines price target raised to $4.25 from $3.50 at Alliance Global
- Avino Silver & Gold Mines Reports Strong Q2 Production and Advances Growth Strategy
- Avino Silver & Gold Mines downgraded to Neutral from Buy at Roth Capital
- Avino Silver & Gold Mines Ltd. Renews ATM Equity Program for Financial Flexibility
- Avino Silver & Gold Announces AGM Results and Files Base Shelf Prospectus