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Avino Sets 2026 Growth Plan as La Preciosa Development Accelerates

Story Highlights
  • Avino will accelerate La Preciosa development, change mining methods, expand drilling, and upgrade its mill in 2026.
  • Production in 2026 should match 2025 levels as Avino funds extra development, positioning for higher output from 2027.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Avino Sets 2026 Growth Plan as La Preciosa Development Accelerates

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Avino Silver & Gold ( (TSE:ASM) ) just unveiled an announcement.

Avino Silver & Gold Mines laid out its 2026 outlook, emphasizing accelerated development at its La Preciosa project, a shift to wider-vein longhole sub-level caving to enable higher mining rates at lower cost, and greater throughput of development material through the Avino mill. The company plans to execute a 30,000-metre drill program, update its mineral resource and inaugural reserve estimate in the first half of 2026, deploy AI for resource expansion and exploration, and invest in mill upgrades to improve recoveries.

For 2026, Avino expects to process 725,000 to 750,000 tonnes of material and produce 1.0 to 1.2 million ounces of silver, 5,000 to 7,000 ounces of gold, and 6.0 to 7.5 million pounds of copper, broadly in line with 2025 output despite a temporary shift in mill feed as La Preciosa transitions from development to production mining later than originally planned. While silver-equivalent production is forecast to decline to 2.4 to 2.7 million ounces due to metal price assumptions and increased development work, the company’s debt-free, historically strong balance sheet and fully funded growth plan position it for higher silver and silver-equivalent production from 2027 and reinforce its strategic standing in the silver sector.

The most recent analyst rating on (TSE:ASM) stock is a Hold with a C$14.50 price target. To see the full list of analyst forecasts on Avino Silver & Gold stock, see the TSE:ASM Stock Forecast page.

Spark’s Take on TSE:ASM Stock

According to Spark, TipRanks’ AI Analyst, TSE:ASM is a Outperform.

The score is driven primarily by strong financial performance (high margins and low leverage) and a constructive earnings-call outlook (record cash and operational progress). The main drags are elevated valuation (P/E 50.445) and stretched technical momentum (RSI ~71, Stoch ~81) despite a clear uptrend.

To see Spark’s full report on TSE:ASM stock, click here.

More about Avino Silver & Gold

Avino Silver & Gold Mines Ltd. is a long-standing silver producer operating in Mexico, with additional gold and copper by-products. The company focuses on underground mining and mill processing at its Avino Mine and the advancing La Preciosa project, and has recently improved its visibility in capital markets through index rankings and ETF inclusion.

Average Trading Volume: 926,134

Technical Sentiment Signal: Buy

Current Market Cap: C$1.92B

See more insights into ASM stock on TipRanks’ Stock Analysis page.

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