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Avino Silver & Gold (ASM)
:ASM
Earnings Data
Report Date
May 07, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
0.02Last Year’s EPS
0Same Quarter Last Year
Strong Buy
Based on 3 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Mar 11, 2025
|% Change Since: 39.01%
|Next Earnings Date:May 07, 2025
Earnings Call Sentiment|Positive
The earnings call reflects a very strong performance for Avino Silver & Gold Mines in 2024, with record-breaking financial results and significant operational improvements. The company is well-positioned for growth with the development of La Preciosa and a strong balance sheet. While there are some challenges related to deferred capital expenditures and currency risks, the highlights significantly outweigh these issues.Company Guidance
During Avino Silver & Gold Mines' fourth quarter and year-end 2024 financial results conference call, the company shared several key metrics demonstrating robust performance. Avino achieved record revenues of $24.4 million in Q4, with a gross profit margin of 43% and a free cash flow of $14.1 million. The company reported a significant 32% increase in silver equivalent production, totaling 736,000 ounces for Q4, and a 76% rise in gold production. Their balance sheet reached a historical high of $27.3 million, a 916% increase from 2023. For the full year, Avino's annual revenue hit a record high of $66.2 million, marking a 51% increase from the previous year. The all-in sustaining cash cost per silver equivalent ounce was $18.62 for Q4, the lowest since 2022, and $20.57 for the full year, representing a 6% decrease from 2023. The company highlighted ongoing developments at La Preciosa, aiming for an eventual increase in production capacity, with a focus on sustainable growth and operational efficiencies.Record Financial Results
The company achieved record revenues of $66.2 million for the year, a 51% increase from 2023, with a record $24.4 million in revenues for Q4.
Significant Growth in Silver Equivalent Production
Silver equivalent production increased by 32% in Q4 2024 compared to Q4 2023, and by 10% for the full year 2024 compared to 2023.
Improved Operational Metrics
Mill throughput increased by 26% in Q4 2024 compared to Q4 2023, achieving the highest quarter in the company's history.
Enhanced Gold Production
Gold production increased by 76% in Q4 2024 compared to Q4 2023, the highest quarter of gold production in 2024.
Strong Balance Sheet
The balance sheet reached a record high of $27.3 million, representing a 916% increase from 2023.
Operational and Cost Efficiency Improvements
All-in sustaining cash cost per silver equivalent ounce was $18.62 for Q4 2024, the lowest since 2022.
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ASM Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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ASM Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Mar 11, 2025 | $1.41 | $1.70 | +20.57% |
| Nov 12, 2024 | $1.08 | $1.10 | +1.85% |
| Aug 13, 2024 | $0.92 | $0.90 | -2.17% |
| May 08, 2024 | $0.72 | $0.84 | +16.67% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Avino Silver & Gold (ASM) report earnings?
Avino Silver & Gold (ASM) is schdueled to report earning on May 07, 2025, TBA Not Confirmed.
What is Avino Silver & Gold (ASM) earnings time?
Avino Silver & Gold (ASM) earnings time is at May 07, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is ASM EPS forecast?
ASM EPS forecast for the fiscal quarter 2025 (Q1) is 0.02.
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