Avino Silver & Gold (ASM) AI Stock Analysis

• Market Cap: C$1.05B
• Dividend Yield: N/A
• Average Volume (3M): 799.19K
• Price to Earnings (P/E): 32.7
• Beta (1Y): 2.90
• Revenue Growth: 65.77%
• EPS Growth: 458.38%
• Country: CA
• Employees: 239
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Other Precious Metals
• EPS (TTM): 0.07
• Shares Outstanding: 149,866,360
• 10 Day Avg. Volume: 820,563
• 30 Day Avg. Volume: 799,193
• PEG Ratio: 0.01
• Price to Book (P/B): 0.94
• Price to Sales (P/S): 1.78
• P/FCF Ratio: 6.31
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: C$8.49
• Price Target Upside: 21.62% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 3
• EPS Forecast (FY): 0.25
• Revenue Forecast (FY): C$124.48M

• Rating: 74 Outperform
• Price Target: C$8.00 ▲(14.61% Upside)

Avino Silver & Gold's overall stock score is driven by its strong financial performance and positive earnings call, which highlight robust growth and strategic achievements. However, technical indicators suggest caution, and the valuation appears stretched, which tempers the overall score.

Positive Factors

Revenue Growth

The significant revenue growth indicates strong demand for Avino's products and effective market positioning, supporting long-term business expansion.

Cash Position

A strong cash position enhances financial flexibility, enabling strategic investments and cushioning against economic uncertainties.

Inclusion in Indices

Inclusion in prestigious indices improves visibility and credibility, potentially attracting more investors and supporting stock liquidity.

Negative Factors

Increased Production Costs

Rising production costs can pressure profit margins, impacting long-term profitability unless offset by higher metal prices or efficiency gains.

Currency Exchange Risks

Currency exchange risks can affect financial results and operational costs, requiring effective hedging strategies to mitigate potential impacts.

Increased All-In Sustaining Costs

Higher all-in sustaining costs indicate increased operational expenses, which could reduce competitiveness if not managed effectively.

Avino Silver & Gold Business Overview & Revenue Model

Company Description

Avino Silver & Gold Mines Ltd., together with its subsidiaries, engages in the acquisition, exploration, and advancement of mineral properties in Canada. It primarily explores for silver, gold, and copper deposits. The company owns interests in 42 mineral claims and four leased mineral claims, including Avino mine area property comprising four exploration concessions covering 154.4 hectares, 24 exploitation concessions covering 1,284.7 hectares, and one leased exploitation concession covering 98.83 hectares; Gomez Palacio property consists of nine exploration concessions covering 2,549 hectares; Santiago Papasquiaro property comprises four exploration concessions covering 2,552.6 hectares and one exploitation concession covering 602.9 hectares; and Unification La Platosa properties, which include three leased concessions located in the state of Durango, Mexico. It also owns 100% interests in the Minto and Olympic-Kelvin properties located in British Columbia, Canada; and 14 quartz leases in Eagle property located in the Mayo Mining Division of Yukon, Canada. The company was incorporated in 1968 and is headquartered in Vancouver, Canada.

How the Company Makes Money

Avino Silver & Gold generates revenue primarily through the extraction and sale of silver and gold from its mining operations. The company operates several mines, with a significant portion of its earnings coming from the sale of mined precious metals. Key revenue streams include the direct sale of silver and gold bullion, which are sold to refiners and other buyers in the precious metals market. Additionally, Avino may benefit from the rising prices of silver and gold, which can significantly enhance its profitability. The company also looks to optimize its operational efficiency to lower production costs and improve margins. Partnerships with local and international distributors for the sale of its products contribute to its revenue, along with potential joint ventures that expand its mining capabilities.

Avino Silver & Gold Financial Statement Overview

Summary

Avino Silver & Gold exhibits strong financial health with robust revenue growth, improved profitability metrics, and efficient cash generation. The income statement, balance sheet, and cash flow metrics all reflect a positive financial trajectory with minimal financial risk.

Income Statement

Avino Silver & Gold has demonstrated strong revenue growth with a 9.66% increase in TTM, alongside improving profitability metrics. The gross profit margin has increased to 43.27%, and the net profit margin has improved to 18.06%. The EBIT and EBITDA margins are also robust at 31.63% and 36.45%, respectively, indicating efficient operational management. These factors contribute to a high income statement score, reflecting strong financial performance and growth trajectory.

Balance Sheet

The company maintains a solid balance sheet with a low debt-to-equity ratio of 0.021, indicating minimal leverage and financial risk. The return on equity has increased to 11.41%, showcasing improved profitability for shareholders. The equity ratio stands at a healthy level, reflecting financial stability. Overall, the balance sheet is strong, with low leverage and improved returns, though there is room for further enhancement in equity returns.

Cash Flow

Avino Silver & Gold has shown significant improvement in cash flow metrics, with a 25.58% growth in free cash flow. The operating cash flow to net income ratio is strong at 1.49, indicating efficient cash generation relative to earnings. The free cash flow to net income ratio of 0.81 further supports the company's ability to generate cash. These positive cash flow trends contribute to a high score, reflecting strong cash management and growth.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	79.64M	66.18M	43.89M	44.19M	11.23M	16.02M
Gross Profit	36.95M	23.20M	7.82M	15.06M	3.55M	190.00K
EBITDA	30.46M	18.19M	2.79M	9.96M	522.00K	-6.95M
Net Income	14.74M	8.10M	542.00K	3.10M	-2.06M	-7.65M
Balance Sheet
Total Assets	174.68M	148.71M	128.34M	121.20M	86.28M	68.78M
Cash, Cash Equivalents and Short-Term Investments	37.28M	27.32M	2.69M	11.24M	24.77M	11.71M
Total Debt	5.45M	2.63M	3.45M	6.64M	1.07M	3.07M
Total Liabilities	29.91M	23.31M	22.34M	23.18M	7.77M	9.77M
Stockholders Equity	144.77M	125.40M	106.00M	98.02M	78.51M	59.01M
Cash Flow
Free Cash Flow	20.78M	18.67M	-5.89M	4.00M	-1.80M	-1.94M
Operating Cash Flow	28.81M	23.12M	1.49M	11.83M	109.00K	72.00K
Investing Cash Flow	-9.05M	-6.56M	-13.53M	-24.10M	-3.21M	-2.17M
Financing Cash Flow	12.22M	8.02M	3.49M	-1.15M	16.09M	4.20M

Avino Silver & Gold Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 6.98
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:ASM, the sentiment is Positive. The current price of 6.98 is above the 20-day moving average (MA) of 6.87, above the 50-day MA of 6.80, and above the 200-day MA of 4.47, indicating a bullish trend. The MACD of -0.20 indicates Positive momentum. The RSI at 53.72 is Neutral, neither overbought nor oversold. The STOCH value of 67.75 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:ASM.

Avino Silver & Gold Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
ASM	74 Outperform	C$1.05B	32.72	14.35%	―	65.77%	458.38%
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
ITR	60 Neutral	C$638.83M	42.14	16.08%	―	―	―
GGD	57 Neutral	C$856.41M	55.98	3.81%	―	110.25%	―
SLVR	47 Neutral	C$293.27M	-53.72	-5.11%	―	―	-51.25%
ABRA	41 Neutral	$1.19B	―	-79.33%	―	―	-193.85%
NUAG	39 Underperform	C$615.30M	―	-2.40%	―	―	40.00%

Avino Silver & Gold Corporate Events

Avino Silver & Gold’s Robust Q3 2025 Earnings Call

Avino Silver & Gold’s latest earnings call paints a picture of robust financial health and strategic advancements, despite facing some operational challenges. The company reported record cash positions and significant revenue growth, marking a strong financial performance. However, increased costs per silver equivalent ounce and currency exchange risks present notable challenges moving forward.

Avino Silver & Gold Reports Record Q3 2025 Results

Avino Silver & Gold Mines Ltd., a silver producer operating in Mexico, is known for its unhedged production of silver, gold, and copper, and its strategic acquisition of the La Preciosa property.

Avino Silver & Gold Reports Strong Financial Performance for Q3 2025

Avino Silver & Gold Mines Ltd. released its financial results for the three and nine months ended September 30, 2025. The company reported a significant increase in revenue from mining operations, with a notable rise in mine operating income compared to the previous year. These results reflect the company’s strengthened financial position and improved operational efficiency, which may positively impact its market standing and stakeholder confidence.

The most recent analyst rating on (TSE:ASM) stock is a Hold with a C$6.50 price target. To see the full list of analyst forecasts on Avino Silver & Gold stock, see the TSE:ASM Stock Forecast page.

Avino Silver & Gold Mines Reports High-Grade Silver Intercepts at La Preciosa

Avino Silver & Gold Mines Ltd. announced the results of four additional drill holes at the La Preciosa deposit, revealing high-grade silver intercepts that exceed current resource averages. These findings support the company’s strategy of using underground mining methods to maximize the deposit’s value, with notable potential highlighted in the wider intercepts at the La Gloria and Abundancia veins. The results confirm the geometry of the vein-based resource model and suggest promising early mine life potential, prompting further exploration and development efforts.

The most recent analyst rating on (TSE:ASM) stock is a Buy with a C$8.00 price target. To see the full list of analyst forecasts on Avino Silver & Gold stock, see the TSE:ASM Stock Forecast page.

Avino Silver & Gold Reports Consistent Q3 Production and Advances La Preciosa Project

Avino Silver & Gold Mines Ltd. reported consistent production in Q3 2025, with 580,780 silver equivalent ounces, despite a 13% decrease from the previous year due to lower feed grades. The company achieved a 21% improvement in mill throughput, attributed to operational upgrades, and saw a 19% increase in gold production. Progress at the La Preciosa project is ahead of schedule, with stockpiled material now being transported for processing, supporting Avino’s growth strategy and strengthening its balance sheet.

The most recent analyst rating on (TSE:ASM) stock is a Hold with a C$5.00 price target. To see the full list of analyst forecasts on Avino Silver & Gold stock, see the TSE:ASM Stock Forecast page.

Avino Silver & Gold Mines Joins Global Junior Gold Miners Index

Avino Silver & Gold Mines Ltd. has been added to the Market Vectors Junior Gold Miners Index and the VanEck Junior Gold Miners ETF, effective September 19, 2025. This inclusion is a significant milestone for Avino, potentially increasing its share liquidity and attracting a broader range of investors. The move is expected to enhance Avino’s industry positioning as it continues to advance its La Preciosa project, aiming to become Mexico’s next intermediate primary silver producer.

The most recent analyst rating on (TSE:ASM) stock is a Buy with a C$6.00 price target. To see the full list of analyst forecasts on Avino Silver & Gold stock, see the TSE:ASM Stock Forecast page.

Avino Silver & Gold Mines Recognized in TSX30 2025 for Remarkable Growth

Avino Silver & Gold Mines Ltd. has been recognized for its outstanding performance by being included in the Toronto Stock Exchange’s 2025 TSX30, ranking 5th among the top-performing stocks. This achievement reflects a 610% increase in share price and a 778% rise in market capitalization over three years, highlighting the company’s strategic growth and commitment to becoming a leading intermediate producer. Avino’s focus on expanding its operations in Mexico and strengthening its resource profile positions it well for future growth, benefiting shareholders and stakeholders.

The most recent analyst rating on (TSE:ASM) stock is a Buy with a C$6.00 price target. To see the full list of analyst forecasts on Avino Silver & Gold stock, see the TSE:ASM Stock Forecast page.

Avino Silver & Gold Shines in Earnings Call

Avino Silver & Gold’s recent earnings call painted a picture of strong financial and operational performance, with significant revenue increases and improved cost metrics. The company also made notable progress in strategic projects like La Preciosa. Despite minor setbacks in silver production and potential foreign exchange risks, the overall sentiment was overwhelmingly positive, reflecting the company’s robust position in the market.

Avino Silver & Gold Mines Achieves Full Ownership of La Preciosa, Optimizing Project Economics

Avino Silver & Gold Mines Ltd. has acquired full ownership of its La Preciosa project by purchasing and extinguishing all outstanding royalties and contingent payment obligations. This strategic move is expected to optimize the project’s financial structure, enhance its economics, and reduce operating costs, thereby increasing shareholder value. The acquisition was made possible by Avino’s strong financial position, allowing the company to pursue investment opportunities that enhance stakeholder returns.

The most recent analyst rating on (TSE:ASM) stock is a Buy with a C$6.00 price target. To see the full list of analyst forecasts on Avino Silver & Gold stock, see the TSE:ASM Stock Forecast page.

Avino Silver & Gold Mines Reports Promising Drilling Results at La Preciosa

Avino Silver & Gold Mines Ltd. announced positive drilling results from its La Preciosa project, with significant silver grades exceeding expectations. The results highlight the potential for expanding the mineral resource and underscore the effectiveness of underground mining methods, suggesting a promising future for the company’s operations and exploration efforts.

The most recent analyst rating on (TSE:ASM) stock is a Hold with a C$3.50 price target. To see the full list of analyst forecasts on Avino Silver & Gold stock, see the TSE:ASM Stock Forecast page.

Avino Silver & Gold Reports Strong Q2 2025 Results

Avino Silver & Gold Mines Ltd. is a silver producer operating in Mexico, primarily engaged in the extraction of silver, gold, and copper, with a focus on sustainable and profitable mining practices. In its latest earnings report for the second quarter of 2025, Avino announced a strong financial performance, driven by improved mill availability and operational efficiency. The company reported a 47% increase in revenues to $21.8 million, alongside a significant rise in net income to $2.9 million, reflecting a 131% growth from the previous year. Avino also achieved a record mill throughput, contributing to a 5% increase in silver equivalent production. The company’s strategic growth initiatives, including the development of the La Preciosa project, are on track, supporting its transformational growth strategy. Looking ahead, Avino remains optimistic about meeting its 2025 financial and operational targets, with continued focus on enhancing shareholder value and expanding its production profile.

Avino Silver & Gold Mines Reports Strong Q2 2025 Financial Performance

Avino Silver & Gold Mines Ltd. reported strong financial results for the second quarter of 2025, with a significant increase in revenue and profitability driven by improved mill availability and operational efficiency. The company achieved a 47% increase in revenues to $21.8 million and a 118% rise in gross profit, indicating robust operational performance. Avino’s strategic growth is supported by ongoing development at La Preciosa and its inclusion in prominent mining indices, which enhances its market presence and potential for increased institutional investment.

The most recent analyst rating on (TSE:ASM) stock is a Hold with a C$3.50 price target. To see the full list of analyst forecasts on Avino Silver & Gold stock, see the TSE:ASM Stock Forecast page.