Roth Capital raised the firm’s price target on Avino Silver & Gold Mines to $5 from $3.60 and keeps a Neutral rating on the shares. The firm is updating its model to reflect the recent increase in gold and silver prices, updating its Q4 estimates to reflect an average gold price of $3,850 per ounce, previously $3,150, and a silver price of $47.25 per ounce, previously $35.00, the analyst tells investors in a research note.
TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
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 Joins Global Junior Gold Miners Index
- Avino Silver & Gold Mines Recognized in TSX30 2025 for Remarkable Growth
- Avino Silver & Gold Shines in Earnings Call
- Avino Silver & Gold Mines Achieves Full Ownership of La Preciosa, Optimizing Project Economics
- Avino Silver & Gold Mines Reports Promising Drilling Results at La Preciosa