10 Best Performing Penny Stocks to Buy Now

2. Avino Silver & Gold Mines Ltd (NYSE:ASM)

Share Price: $4.70

Year To Date Gain: 384.54%

Number of Hedge Fund Holders: 6

Avino Silver & Gold Mines Ltd. (NYSE:ASM) is one of the best performing penny stocks to buy now. On September 16, the company confirmed its inclusion in the Global Junior Gold Miners Index. The inclusion marks a significant milestone that affirms the stock’s investment case in the mining sector.

The well-known GDXJ exchange-traded fund tracks small-cap firms primarily engaged in the mining and development of gold and silver. Consequently, Avino’s common share liquidity could increase significantly given the exposure it is likely to receive from its inclusion in the ETF.

The inclusion further solidifies the company’s long-standing position as a desirable investment option for those seeking exposure to top-tier silver and gold projects.

“This inclusion reflects the hard work and dedication of our entire team and positions Avino to attract a broader base of institutional and retail investors. With La Preciosa advancing on plan, we are poised to execute on our clear path to transformational growth and becoming Mexico’s next intermediate primary silver producer,” said David Wolfin, President and CEO.

Avino Silver & Gold Mines Ltd. (NYSE:ASM) is a natural resource company engaged in the acquisition, exploration, and development of mineral properties. The company produces copper, silver, and gold from its wholly owned Avino Mine in Durango, Mexico. It has plans to significantly increase production by developing the nearby La Preciosa project and re-processing its oxide tailings.