Overall market sentiment has been high on Avino Silver & Gold Mines Ltd (ASM) stock lately. ASM receives a Bullish rating from InvestorsObserver's Stock Sentiment Indicator.
What is Stock Sentiment?
Sentiment is a very short-term indicator that is entirely technical. There is no information about the health of profitability of the underlying company in our sentiment score.
As a technical indicator, news about the stock, or company, such as an earnings release or other event, could move the stock counter to the recent trend.
Price action is generally the best indicator of sentiment. For a stock to go up, investors must feel good about it. Similarly, a stock that is in a downtrend must be out of favor.
InvestorsObserver’s Sentiment Indicator considers price action and recent trends in volume. Increasing volumes often mean that a trend is strengthening, while decreasing volumes can signal that a reversal could come soon.
The options market is another place to get signals about sentiment. Since options allow investors to place bets on the price of a stock, we consider the ratio of calls and puts for stocks where options are available.
What's Happening With ASM Stock Today?
Avino Silver & Gold Mines Ltd (ASM) stock is higher by 2.31% while the S&P 500 is down -1.07% as of 10:16 AM on Tuesday, May 4. ASM has risen $0.03 from the previous closing price of $1.30 on volume of 196,180 shares. Over the past year the S&P 500 is up 45.91% while ASM has risen 224.39%. ASM lost -$0.09 per share in the over the last 12 months.
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More About Avino Silver & Gold Mines Ltd
Avino Silver & Gold Mines Ltd is a mineral resource company. It is engaged in the exploration, extraction, and processing of silver, gold, and copper. The company generates most of its revenues through the sale of silver produced from its mines. Its project portfolio includes Avino; San Gonzalo; Oxide Tailings; Bralorne Gold and others.
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