Avino Silver Gold Stock Filter Stocks by Fundamentals
ASM Stock | CAD 0.84 0.04 5.00% |
Avino Silver Gold fundamentals help investors to digest information that contributes to Avino Silver's financial success or failures. It also enables traders to predict the movement of Avino Stock. The fundamental analysis module provides a way to measure Avino Silver's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Avino Silver stock.
Avino | Debt to Equity |
Avino Debt to Equity Analysis
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 76K | 372K | 308K | 243.5K | Depreciation And Amortization | 2.1M | 2.2M | 2.5M | 2.6M |
Avino Debt to Equity Driver Correlations
Understanding the fundamental principles of building solid financial models for Avino Silver is extremely important. It helps to project a fair market value of Avino Stock properly, considering its historical fundamentals such as Debt to Equity. Since Avino Silver's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Avino Silver's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Avino Silver's interrelated accounts and indicators.
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Avino Total Stockholder Equity
Total Stockholder Equity |
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According to the company disclosure, Avino Silver Gold has a Debt to Equity of 0.0null. This indicator is about the same for the Metals & Mining average (which is currently at 0.0) sector and about the same as Debt to Equity (which currently averages 0.0) industry. This indicator is about the same for all Canada stocks average (which is currently at 0.0).
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Avino Fundamentals
Return On Equity | 0.0053 | ||||
Return On Asset | 0.0015 | ||||
Profit Margin | 0.01 % | ||||
Operating Margin | 0.07 % | ||||
Current Valuation | 103.99 M | ||||
Shares Outstanding | 128.73 M | ||||
Shares Owned By Insiders | 0.88 % | ||||
Shares Owned By Institutions | 7.78 % | ||||
Number Of Shares Shorted | 153.82 K | ||||
Price To Earning | 980.00 X | ||||
Price To Book | 0.73 X | ||||
Price To Sales | 2.32 X | ||||
Revenue | 46.01 M | ||||
Gross Profit | 15.31 M | ||||
EBITDA | 3.26 M | ||||
Net Income | 1.27 M | ||||
Cash And Equivalents | 10.39 M | ||||
Cash Per Share | 0.12 X | ||||
Total Debt | 6.67 M | ||||
Debt To Equity | 0.09 % | ||||
Current Ratio | 2.92 X | ||||
Book Value Per Share | 0.82 X | ||||
Cash Flow From Operations | 4.19 M | ||||
Short Ratio | 3.65 X | ||||
Earnings Per Share | 0.01 X | ||||
Target Price | 1.92 | ||||
Beta | 1.87 | ||||
Market Capitalization | 101.7 M | ||||
Total Asset | 121.2 M | ||||
Retained Earnings | (52.03 M) | ||||
Working Capital | 8.82 M | ||||
Z Score | 9.1 | ||||
Net Asset | 121.2 M |
About Avino Silver Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Avino Silver Gold's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Avino Silver using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Avino Silver Gold based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.Avino Silver Gold Mines Ltd., together with its subsidiaries, engages in the acquisition, exploration, and advancement of mineral properties in Canada. Avino Silver Gold Mines Ltd. was founded in 1968 and is headquartered in Vancouver, Canada. AVINO SILVER operates under Silver classification in Canada and is traded on Toronto Stock Exchange.
Pair Trading with Avino Silver
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Avino Silver position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Avino Silver will appreciate offsetting losses from the drop in the long position's value.Moving together with Avino Stock
0.93 | PPTA | Perpetua Resources Corp | PairCorr |
0.84 | CGG | China Gold International Earnings Call Today | PairCorr |
Moving against Avino Stock
0.65 | LUC | Lucara Diamond Corp | PairCorr |
0.5 | LIF | Labrador Iron Ore | PairCorr |
0.49 | III | Imperial Metals | PairCorr |
0.43 | ELR | Eastern Platinum | PairCorr |
The ability to find closely correlated positions to Avino Silver could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Avino Silver when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Avino Silver - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Avino Silver Gold to buy it.
The correlation of Avino Silver is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Avino Silver moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Avino Silver Gold moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Avino Silver can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Avino Silver Piotroski F Score and Avino Silver Altman Z Score analysis. You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
Complementary Tools for Avino Stock analysis
When running Avino Silver's price analysis, check to measure Avino Silver's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Avino Silver is operating at the current time. Most of Avino Silver's value examination focuses on studying past and present price action to predict the probability of Avino Silver's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Avino Silver's price. Additionally, you may evaluate how the addition of Avino Silver to your portfolios can decrease your overall portfolio volatility.
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