Avino Silver & Gold Mines price target raised to $2 from $1.50 at H.C. Wainwright

H.C. Wainwright analyst Heiko Ihle raised the firm’s price target on Avino Silver & Gold Mines to $2 from $1.50 and keeps a Buy rating on the shares, citing the firm’s updated forward-looking precious metal price deck. The firm is revising its gold and silver prices upward given continued strength in commodity pricing and increasing its copper price forecast as the supply and demand fundamentals for the metal “remain quite favorable.”