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StocksMedium•12 April 2026•

1 min read

JPMorgan Acquires Stake in Avino Silver & Gold Mines Amid Rising Institutional Interest

A man in a suit in front of a financial dashboard, with American Express logos, a credit card, gold, and oil derricks on a golden background.

Key Facts

1JPMorgan Chase & Co. acquired a new stake of 185,080 shares in Avino Silver & Gold Mines (ASM) valued at approximately $972,000.

JPMorgan Chase & Co. has initiated a new position in Avino Silver & Gold Mines (ASM), acquiring 185,080 shares in the company. The investment, valued at approximately $972,000, signals growing institutional confidence in the mining firm's market prospects. Other major institutional players, including VanEck and Millennium Management, have also increased their holdings, bringing total institutional ownership to 3.11%. Analysts currently maintain a 'Moderate Buy' rating on the stock with a consensus price target of $9.50. Furthermore, one analyst has raised their price target to $12.50, highlighting significant potential upside compared to current valuations. This accumulation by major banks and funds suggests a bullish outlook for the silver and gold mining sector.