Avino Silver Gold Stock Fundamentals
| ASM Stock | CAD 0.97 0.02 2.11% |
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.
At this time, Avino Silver's Total Operating Expenses is very stable compared to the past year. As of the 25th of April 2024, Net Income is likely to grow to about 569.1 K, while Interest Expense is likely to drop about 337.8 K. Avino | Select Account or Indicator |
Avino Silver Gold Company Current Valuation Analysis
Avino Silver's Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Current Avino Silver Current Valuation | 124.56 M |
Most of Avino Silver's fundamental indicators, such as Current Valuation, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Avino Silver Gold is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Avino Current Valuation 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 Current Valuation. 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.
Click cells to compare fundamentals
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
| Competition |
In accordance with the recently published financial statements, Avino Silver Gold has a Current Valuation of 124.56 M. This is 98.91% lower than that of the Metals & Mining sector and 83.15% lower than that of the Materials industry. The current valuation for all Canada stocks is 99.25% higher than that of the company.
Avino Silver Gold Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Avino Silver's current stock value. Our valuation model uses many indicators to compare Avino Silver value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Avino Silver competition to find correlations between indicators driving Avino Silver's intrinsic value. More Info.Avino Silver Gold is rated third in return on equity category among related companies. It is rated third in return on asset category among related companies reporting about 0.28 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Avino Silver Gold is roughly 3.53 . At this time, Avino Silver's Return On Equity is very stable compared to the past year.Comparative valuation analysis is a catch-all model that can be used if you cannot value Avino Silver by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Avino Silver's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Avino Silver's earnings, one of the primary drivers of an investment's value.Avino Current Valuation Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Avino Silver's direct or indirect competition against its Current Valuation to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Avino Silver could also be used in its relative valuation, which is a method of valuing Avino Silver by comparing valuation metrics of similar companies.Avino Silver is currently under evaluation in current valuation category among related companies.
Avino Silver Current Valuation Drivers
We derive many important indicators used in calculating different scores of Avino Silver from analyzing Avino Silver's financial statements. These drivers represent accounts that assess Avino Silver's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Avino Silver's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 40.4M | 107.7M | 87.2M | 77.6M | 63.1M | 66.2M | |
| Enterprise Value | 38.1M | 99.1M | 63.5M | 73.1M | 63.8M | 67.0M |
Avino Fundamentals
| Return On Equity | 0.0053 | |||
| Return On Asset | 0.0015 | |||
| Profit Margin | 0.01 % | |||
| Operating Margin | 0.07 % | |||
| Current Valuation | 124.56 M | |||
| Shares Outstanding | 130.33 M | |||
| Shares Owned By Insiders | 1.87 % | |||
| Shares Owned By Institutions | 7.88 % | |||
| Number Of Shares Shorted | 185.61 K | |||
| Price To Earning | 980.00 X | |||
| Price To Book | 0.94 X | |||
| Price To Sales | 3.12 X | |||
| Revenue | 43.89 M | |||
| Gross Profit | 15.31 M | |||
| EBITDA | 3.26 M | |||
| Net Income | 542 K | |||
| Cash And Equivalents | 10.39 M | |||
| Cash Per Share | 0.12 X | |||
| Total Debt | 164 K | |||
| Debt To Equity | 0.09 % | |||
| Current Ratio | 2.92 X | |||
| Book Value Per Share | 0.82 X | |||
| Cash Flow From Operations | 1.49 M | |||
| Short Ratio | 1.91 X | |||
| Earnings Per Share | 0.01 X | |||
| Target Price | 1.59 | |||
| Beta | 1.98 | |||
| Market Capitalization | 126.42 M | |||
| Total Asset | 128.34 M | |||
| Retained Earnings | (51.42 M) | |||
| Working Capital | 9.73 M | |||
| Net Asset | 128.34 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.| Last Reported | Projected for Next Year | ||
| Current Deferred Revenue | 181.8 K | 310 K | |
| Total Revenue | 43.9 M | 46.1 M | |
| Cost Of Revenue | 36.1 M | 19.9 M | |
| Stock Based Compensation To Revenue | 0.05 | 0.05 | |
| Sales General And Administrative To Revenue | 0.18 | 0.17 | |
| Research And Ddevelopement To Revenue | 0.00 | 0.00 | |
| Capex To Revenue | (0.17) | (0.18) | |
| Revenue Per Share | 0.36 | 0.20 | |
| Ebit Per Revenue | 0 | 0.01 |
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 against Avino Stock
| 0.83 | MGRO | MustGrow Biologics Corp | PairCorr |
| 0.82 | AEMC | Alaska Energy Metals | PairCorr |
| 0.46 | BP | Backstageplay | 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Avino Silver Gold. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
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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