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Bullboard - Stock Discussion Forum Avino Silver & Gold Mines Ltd T.ASM

Alternate Symbol(s):  ASM

Avino Silver & Gold Mines Ltd. is a Canada-based mining and exploration company. The Company is engaged in the production and sale of silver, gold, and copper and the acquisition, exploration, and advancement of mineral properties. It operates the Avino Mine, which produces copper, silver and gold at the Avino property in the state of Durango, Mexico. The Avino Property covers approximately 1... see more

TSX:ASM - Post Discussion

Avino Silver & Gold Mines Ltd > ATM offering at the right time?
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Post by zalmonella on Feb 01, 2021 12:51pm

ATM offering at the right time?

Well this is certainly an interesting turn of events!  An ATM offering just as WallStreetBets decides silver is a target!  So the brokers put out a big whack at double Friday's close and look what happens!  Good for ASM - fewer shares out at a higher price means less dilution. I just wonder what it's going to be used for?
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