H.C. Wainwright analyst Heiko Ihle reiterated a Buy rating on Avino Silver & Gold today and set a price target of $4.80.
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Heiko Ihle has given his Buy rating due to a combination of factors including Avino Silver & Gold’s impressive production results and strong financial position. The company achieved a record quarterly mill throughput in 2Q25, with a 5% year-over-year increase in silver equivalent ounces produced, despite a decrease in silver, gold, and copper grades. This growth was supported by a significant increase in total mill feed and was anticipated as part of the company’s strategic mine plan.
Additionally, Avino’s robust balance sheet, with $37 million in cash and no debt, positions it well to meet its 2025 production guidance. The ongoing development at key sites like La Preciosa and the Avino Mine, along with favorable metal pricing trends, further bolster the company’s prospects. The revised precious metal price deck reflects increased spot pricing and geopolitical risks, suggesting continued investment in safe-haven assets, thus supporting the Buy rating.
According to TipRanks, Ihle is a top 100 analyst with an average return of 25.5% and a 62.15% success rate. Ihle covers the Basic Materials sector, focusing on stocks such as Integra Resources Corp, Largo Resources, and Avino Silver & Gold.
In another report released today, Alliance Global Partners also reiterated a Buy rating on the stock with a $4.25 price target.