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Avino sets 2026 growth plan as La Preciosa shifts to higher-rate mining

Story Highlights
  • Avino will prioritize La Preciosa development in 2026, changing mining methods, expanding drilling, and upgrading its mill while keeping overall metal production roughly flat versus 2025.
  • Backed by a strengthened balance sheet and full ownership of La Preciosa, Avino positions itself for lower costs, higher future silver output, and greater market visibility beyond 2026.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Avino sets 2026 growth plan as La Preciosa shifts to higher-rate mining

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

Avino Silver & Gold Mines outlined its 2026 outlook, emphasizing accelerated development at its La Preciosa project, a change to wider-vein longhole sub-level caving to enable higher mining rates at lower cost, and a planned ramp-up to 500 tonnes per day in the second half of 2026. The company will process 725,000 to 750,000 tonnes through its mill from both Avino and La Preciosa, execute a 30,000-metre drilling program, upgrade mill equipment, and leverage AI for resource expansion, while maintaining metal output broadly in line with 2025 as it prioritizes development that is expected to unlock higher silver and silver-equivalent production from 2027.

Supported by what it describes as the strongest balance sheet in its history and a debt-free position aside from equipment leases, Avino says its 2025 milestones—fast-tracking La Preciosa after permits, consolidating 100% ownership, and reporting better-than-expected drill grades—have strengthened its cost profile and strategic footing. Management notes that a more favourable silver price environment and rising investor visibility, highlighted by a top-five TSX30 ranking, leave the company well positioned to execute a “transformational” growth plan, even as 2026 silver output guidance is trimmed versus its earlier five-year plan due to additional development work at La Preciosa.

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 is a long-standing precious metals producer operating in Mexico, focused on silver, gold, and copper mining. The company’s primary assets include the Avino Mine and the La Preciosa project, and it has recently gained greater capital markets visibility through index recognition and inclusion in several ETFs.

Average Trading Volume: 926,134

Technical Sentiment Signal: Buy

Current Market Cap: C$1.92B

Find detailed analytics on ASM stock on TipRanks’ Stock Analysis page.

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