On a scale of 0 to 100, Avino Silver holds a
performance score of 4. The firm shows a Beta (market volatility) of -0.6231, which signifies possible diversification benefits within a given portfolio. Let's try to break down what Avino's beta means in this case. As returns on the market increase, returns on owning Avino Silver are expected to decrease at a much lower rate. During the bear market, Avino Silver is likely to outperform the market. Although it is vital to follow
Avino Silver Gold historical returns, it is good to be conservative about what you can do with the information regarding equity current trending patterns. The philosophy towards foreseeing
future performance of any stock is to evaluate the business as a whole together with its past performance, including all
available fundamental and
technical indicators. By analyzing
Avino Silver Gold technical indicators, you can presently evaluate if the expected return of 0.25% will be sustainable into the future. Please makes use of Avino Silver Gold
total risk alpha and the
relationship between the potential upside and
day typical price to make a quick decision on whether Avino Silver
price patterns will revert.
Typically, a company's
financial statements are the reports that show the
financial position of the company. There are three main documents that fall into the category of financial statements. These documents include Avino Silver income statement, its balance sheet, and the statement of cash flows. Potential Avino Silver investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Avino Silver investors may use each financial statement separately, they are all related. The changes in Avino Silver's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Avino Silver's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our
technical analysis and
fundamental analysis pages.
The goal of Avino Silver
fundamental analysis is to do accurate financial forecasts. There are several possible objectives to fundamental analysis, such as projecting of Avino Silver performance into the future periods or doing a reasonable stock valuation. The intrinsic value of Avino Silver shares is the value that is considered the true value of the share. If
the intrinsic value of Avino is higher than its market price, buying is generally recommended. If it is equal to the market price, it is recommended to hold; and if it is less than the market price, then one should sell all shares Avino Silver. Please read more on our
fundamental analysis page.
Watch out for price decline
Please consider monitoring Avino Silver on a daily basis if you are holding a position in it. Avino Silver is trading at a penny-stock level, and the possibility of delisting is much higher compared to other stocks. However, just because the stock is trading under one dollar, does not mean it will be marked for deletion.
Most exchanges require public instruments, such as Avino Silver stock to be traded above the $1 level to remain listed. If Avino Silver stock price falls below $1 for 30 consecutive trading days, the exchange can delist it. Once the company reaches this point, they will be sent an initial price violation notice directly from an exchange.
How effective is Avino Silver in utilizing its assets?
Avino Silver Gold reports assets on its Balance Sheet. It represents the amount of Avino resources that either has an existing economic value or will provide some form of benefits in the future. By effectively utilizing its assets, Avino Silver aims to generate revenue, control costs, drive operational efficiency, and enhance profitability. Optimizing asset utilization helps maximize shareholder value and maintain a competitive position in the Precious Metals & Minerals space. To get a better handle on how balance sheet or income statements item affect Avino volatility, please check the breakdown of all its
fundamentals.
Are Avino Silver Earnings Expected to grow?
The
future earnings power of Avino Silver involves the interaction of many company-specific, industry, and economic forces. Earnings estimates embody investors' opinions of Avino Silver factors such as sales growth, product demand, competitive industry environment, profit margins, and cost controls. Avino Silver
stock prices adjust as these expectations change or are proven wrong. The main thing to remember is that equities with high expected earnings growth tend to underperform the market because it is usually difficult to meet the market's high expectations. Companies with low earnings expectations tend to do better than expected. Please use our latest analysis of Avino
expected earnings.
Avino Silver Gross Profit
Avino Silver Gross Profit growth is one of the most critical measures in evaluating the company. The Gross Profit growth rate is calculated simply by comparing Avino Silver previous period's values with its current period's values. Each time period you're measuring should be of equal lengths the increase or decrease, in a company's Gross Profit between two periods. Here we show Avino Silver Gross Profit growth over the last 10 years. Please check Avino Silver's
gross profit and other
fundamental indicators for more details.
Another Deeper Perspective
The new bullish price patterns experienced by current Avino Silver Gold shareholders could raise concerns from stakeholders as the firm is trading at a share price of
0.92 on
649,243 in volume. The company management teams have been very successful in rebalancing the firm assets at opportune times to take advantage of market volatility in
February. The stock standard deviation of daily returns for 90 days investing horizon is currently 3.73. The above-average risk is mostly attributed to market volatility and speculations regarding some of the upcoming earning calls from Avino Silver partners.
Asset Utilization
The asset utilization indicator refers to the revenue earned for every dollar of assets a company currently reports. Avino Silver has an asset utilization ratio of 3.8 percent. This denotes that the company is making $0.038 for each dollar of assets. An increasing asset utilization means that Avino Silver Gold is more efficient with each dollar of assets it utilizes for everyday operations.
| Current Assets22.1 M | Assets Non Current57.6 M | |
| Current Assets | 22.13 Million | 26.17 |
| Assets Non Current | 57.61 Million | 68.14 |
| Tax Assets | 4.81 Million | 5.69 |
Over 3 percent hike for Avino Silver. What does it mean for stakeholders?
The mean deviation is down to 2.8 as of today. Avino Silver Gold shows above-average downside volatility for the selected time horizon. We advise investors to inspect Avino Silver Gold further and ensure that all market timing and asset allocation strategies are consistent with the estimation of Avino Silver future alpha. Avino Silver Gold is a potential penny stock. Although Avino Silver may be in fact a good instrument to invest, many penny stocks are speculative in nature and are subject to artificial price hype. Please make sure you totally understand the upside potential and downside risk of investing in Avino Silver Gold. We encourage investors to look for the signals such us email spams, message board hypes, claims of breakthroughs, volume upswings, sudden news releases, promotions that are not reported, or demotions released before SEC filings. Please also check biographies and work history of current and past company officers before investing in high volatility instruments, penny stocks, or equities with microcap classification. You can indeed make money on Avino instrument if you perfectly time your entry and exit. However, remember that penny stocks that have been the subject of an artificial hype usually unable to maintain its increased share price for more than just a few days. The price of a promoted high volatility instrument will almost always revert back. The only way to increase shareholder value is through legitimate performance backed up by solid fundamentals.
Our Final Perspective on Avino Silver
While some firms under the other precious metals & mining industry are still a bit expensive, Avino Silver may offer a potential longer-term growth to stakeholders. The inconsistency in the assessment between current Avino valuation and our trade advice on Avino Silver is due to the recent market swings and your selection of investing horizon. Please use our equity advice module to run different scenarios to ensure your current risk level and investment horizon are fully reflective of your current investing preferences in regards to Avino Silver.
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Raphi Shpitalnik is a Junior Member of Macroaxis Editorial Board. Raphael is a young entrepreneur who joined Macroaxis on a part-time basis at the beginning of the pandemic and eventually acquired a real taste for investing and fintech. He likes to analyze different equity instruments across a wide range of industries, focusing primarily on consumer products, sports, fintech, cannabis, and AI.
View Profile This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Raphi Shpitalnik do not own shares of Avino Silver Gold. Please refer to our
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