Avino Silver & Gold Mines Ltd. (NYSE:ASM) current P/S is an impressive 1.1. The overall Silver group has an average P/S ratio of 6.53, which is significantly worse than the sector’s 2.63.
ASM traded at an unexpectedly low level on 06/27/2019 when the stock experienced a -0.6% loss to a closing price of $0.57. The company saw 0.2 million shares trade hands over the course of the day. Given that its average daily volume over the 5 sessions has been 218.92 million shares a day, this signifies a pretty significant change over the norm.Avino Silver & Gold Mines Ltd. (ASM) Analyst Gushes
Analysts are speculating a 396.49% move, based on the high target price ($2.83) for the shares that is set to reach in the next 12 months. The analysts, on average, are forecasting a $2.23 price target, but the stock is already up 45.28% from its recent lows. However, the stock is trading at -56.75% versus recent highs ($1.31). Analysts believe that we could see stock price minimum in the $2.02 range (lowest target price), allowing for another 254.39% jump from its current position. Leading up to this report, we have seen a 34.62% rise in the stock price over the last 30 days and a -6.78% decline over the past 3 months. Overall, the share price is down -7.11% so far this year. Additionally, the stock had a day price range of $0.5521 to $0.58.Avino Silver & Gold Mines Ltd. (ASM) Price Potential
Heading into the stock price potential, Avino Silver & Gold Mines Ltd. needs to grow just 254.39% to cross its median price target of $2.02. In order to determine directional movement, the 50-day and 200-day moving averages for Avino Silver & Gold Mines Ltd. (NYSE:ASM) are $0.4759 and $0.5704. Given that liquidity is king in the short-term, ASM is a stock with 63.08 million shares outstanding that normally trades 0.74% of its float. The stock price recently experienced a 5-day gain of 11.1% with 0.04 average true range (ATR). ASM has a beta of 0.35 and RSI is 66.6.
Investors also need to beware of the Northern Oil and Gas, Inc. (NYSE:NOG) valuations. The stock trades on a P/S of 1.26, which suggests that the shares are attractive compared with peers. The broad Oil & Gas Drilling & Exploration industry has an average P/S ratio of 87.8, which is significantly worse than the sector’s 9.6.Northern Oil and Gas, Inc. (NOG)’s Lead Over its Technicals
Northern Oil and Gas, Inc. by far traveled 7.57% versus a 1-year low price of $1.85. The share price was last seen -0.5% lower, reaching at $1.99 on Jun. 27, 2019. At recent session, the prices were hovering between $1.9299 and $2.04. This company shares are 137.69% off its target price of $4.73 and the current market capitalization stands at $782.39M. The recent change has given its price a -11.47% deficit over SMA 50 and -55.68% deficit over its 52-week high. The stock witnessed -6.57% declines, -27.11% declines and -13.85% declines for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found NOG’s volatility during a week at 6.6% and during a month it has been found around 6.45%.Northern Oil and Gas, Inc. (NYSE:NOG) Intraday Metrics
Northern Oil and Gas, Inc. (NOG) exchanged hands at an unexpectedly low level of 5.14 million shares over the course of the day. Noting its average daily volume at 5.5 million shares each day over the month, this signifies a pretty significant change over the norm.Northern Oil and Gas, Inc. Target Levels
The market experts are predicting a 231.66% rally, based on the high target price of $6.6 for Northern Oil and Gas, Inc. shares that is likely to be hit in the 52 weeks. Analysts anticipate that traders could see stock price minimum in the $3 range (lowest target price). If faced, it would be a 50.75% jump from its current position. Overall, the share price is down -11.95% year to date [T2].