Avino Silver & Gold Mines price target raised to $1.90 from $1.80 at Roth MKM

Roth MKM analyst Joe Reagor raised the firm’s price target on Avino Silver & Gold Mines to $1.90 from $1.80 and keeps a Buy rating on the shares. The company’s production results for Q4 was mixed compared to the firm’s estimates but overall had a positive impact on its estimate, the analyst tells investors in a research note. The firm is also citing an improved balance sheet and higher than anticipated gold and silver prices during Q4.