Avino Silver & Gold Launches Share Buyback Program Approved by TSX

The latest announcement is out from Avino Silver & Gold ( (TSE:ASM) ).

Avino Silver & Gold Mines has received approval from the Toronto Stock Exchange to launch a normal course issuer bid to repurchase and cancel up to 8,428,566 common shares, representing about 5% of its outstanding stock, over a 12‑month period starting April 8, 2026. Management views the program as a flexible capital allocation tool to buy back shares when they believe the market undervalues the company, supported by a strong financial position and expected 2026 free cash flow, and has set up an automatic share purchase plan to allow repurchases during blackout periods, with all decisions on timing and volume dependent on market conditions and cash use priorities.

The most recent analyst rating on (TSE:ASM) stock is a Hold with a C$9.50 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 ASM Stock

According to Spark, TipRanks’ AI Analyst, ASM is a Neutral.

The score is driven by strong financial performance (profitability and low leverage) and a constructive earnings call highlighting growth plans backed by strong liquidity. These are partially offset by weak technicals (downtrend and negative momentum) and a relatively high P/E with no dividend support.

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

More about Avino Silver & Gold

Avino Silver & Gold Mines Ltd. is a precious metals producer focused on silver and gold, operating its wholly owned Avino Mine near Durango, Mexico. The company is listed on the Toronto Stock Exchange and NYSE American and targets investors seeking exposure to silver and gold production in the Mexican mining sector.

YTD Price Performance: 5.97%

Average Trading Volume: 1,200,517

Technical Sentiment Signal: Buy

Current Market Cap: C$1.52B

See more data about ASM stock on TipRanks’ Stock Analysis page.