Avino Silver & Gold (ASM) AI Stock Analysis

• Market Cap: $770.16M
• Dividend Yield: N/A
• Average Volume (3M): 592.15K
• Price to Earnings (P/E): 33.2
• Beta (1Y): 2.34
• Revenue Growth: 58.97%
• EPS Growth: 849.69%
• Country: CA
• Employees: 239
• Sector: Basic Materials
• Sector Strength: 55
• Industry: Other Precious Metals
• EPS (TTM): 0.03
• Shares Outstanding: 144,766,310
• 10 Day Avg. Volume: 585,035
• 30 Day Avg. Volume: 592,148
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• Enterprise Value/Market Cap: 0.88
• Enterprise Value/Revenue: 8.47
• Enterprise Value/Gross Profit: 18.26
• Enterprise Value/Ebitda: 22.15
• 1Y Price Target: $5.90
• Price Target Upside: 13.41% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 5

• Rating: 78 Outperform
• Price Target: C$6.00 ▲(15.38% Upside)

Avino Silver & Gold's strong financial performance and positive earnings call sentiment are the primary drivers of its high stock score. The company's robust growth, profitability, and operational efficiency position it well in the precious metals industry. Technical analysis supports a positive short-term outlook, though valuation concerns due to a high P/E ratio and lack of dividend yield slightly temper the overall score.

Positive Factors

Earnings and Profitability

The firm is well-positioned to continue capitalizing on silver prices given its current production profile and future growth plans.

Production Growth

The company produced 678,458 Silver Equivalent Ounces, marking an 8% increase year over year.

Revenue Growth

Avino Silver & Gold Mines reported a 52% growth in year-over-year revenue, driven by stronger commodity pricing and consistent production.

Negative Factors

Commodity Price Volatility

Risks include silver and gold price volatility, operational and technical challenges, financing uncertainties, political risks, and potential acquisition risks.

Profit Taking

Near-term upside could be hindered by profit taking, as long-term investors might capture profits after a significant price increase.

Share Price Valuation

The company's shares are considered fully valued, leading to a downgrade in the rating from Buy to Neutral.

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 sale of silver and gold bullion, as well as other by-products such as copper. The company makes money by extracting these metals from its mining operations and selling them in the global market. Key revenue streams include the sale of concentrate produced from ore processed at its facilities and direct sales of precious metals. Additionally, fluctuations in metal prices significantly impact the company's revenues, making it essential for Avino to manage costs effectively and optimize production efficiency. The company may also benefit from partnerships with other mining companies or investors that facilitate access to capital or technology, further enhancing its profitability.

Avino Silver & Gold Financial Statement Overview

Summary

Avino Silver & Gold has demonstrated strong financial performance with significant revenue growth, improved profitability margins, and efficient cash flow management. The company maintains low debt levels and a high equity ratio, indicating financial stability. While the ROE is moderate, the overall financial health is solid.

Income Statement

Avino Silver & Gold has shown a strong revenue growth trajectory, increasing from $43.89 million in 2023 to $66.18 million in 2024, indicating a robust growth rate of 50.79%. The gross profit margin improved significantly to 35.06% in 2024, up from 17.82% in the previous year. The net profit margin also showed substantial improvement, reaching 12.23% from 1.23% in 2023. However, the EBIT margin is unavailable due to a zero EBIT figure. EBITDA margin improved to 27.49% from 6.36% in 2023, reflecting better operational efficiency. Overall, these metrics suggest a strong financial performance with significant growth and improving profitability.

Balance Sheet

The company maintains a strong balance sheet with a debt-to-equity ratio of 0.02, indicating low leverage. The equity ratio stands at 84.33%, demonstrating strong capitalization and financial stability. Return on Equity (ROE) is 6.46%, up from 0.51% in 2023, reflecting improved profitability. Avino Silver & Gold's low debt levels and high equity proportion suggest a stable financial position, although ROE is moderate compared to industry benchmarks.

Cash Flow

Avino Silver & Gold's cash flow position is strong, with a significant increase in free cash flow from -$5.89 million in 2023 to $18.67 million in 2024, highlighting a substantial improvement in cash generation. The operating cash flow to net income ratio is 2.86, indicating efficient conversion of income into cash. The free cash flow to net income ratio is 2.31, which further emphasizes strong cash generation relative to net income. Overall, the cash flow metrics indicate robust cash management and operational efficiency.

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: 5.20
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• 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 5.2 is above the 20-day moving average (MA) of 4.99, above the 50-day MA of 5.00, and above the 200-day MA of 2.97, indicating a bullish trend. The MACD of 0.10 indicates Negative momentum. The RSI at 53.68 is Neutral, neither overbought nor oversold. The STOCH value of 35.82 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	78 Outperform	$770.16M	33.20	11.47%	―	58.97%	849.69%
Sector *	61 Neutral	$10.07B	6.27	0.59%	3.01%	2.91%	-45.05%
ITR	60 Neutral	C$434.33M	28.65	16.08%	―	―	―
SLVR	47 Neutral	C$242.56M	―	-5.23%	―	―	-33.33%
GLGDF	―	$527.68M	45.79	3.81%	―	―	―
ABBRF	―	$672.61M	―	-79.33%	―	―	―
NEWP	―	$274.36M	―	-3.21%	―	―	―

Avino Silver & Gold Corporate Events

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.

Avino Silver & Gold Mines Reports Strong Q2 Production and Advances Growth Strategy

Avino Silver & Gold Mines Ltd. reported strong production results for the second quarter of 2025, with a 5% increase in silver equivalent production compared to the previous year, totaling 645,602 ounces. The company achieved record mill throughput due to operational improvements, despite lower feed grades. Gold and copper production also saw significant increases, while silver production slightly decreased. Avino remains on track to meet its annual production guidance, supported by advancements at the La Preciosa project and a robust balance sheet with $37 million in cash and no debt. The ongoing exploration and development efforts are expected to enhance the company’s growth strategy and operational efficiency.

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 Mines Ltd. Renews ATM Equity Program for Financial Flexibility

Avino Silver & Gold Mines Ltd. has renewed its At-The-Market (ATM) equity program, allowing the company to distribute common shares up to a value of US$40 million. This strategic move provides Avino with additional financial flexibility, enabling it to raise capital as needed in the United States market. The ATM offering will be conducted through a sales agreement with several agents, and the shares will be sold at prevailing market prices. The initiative is intended to enhance the company’s financial position, although there is no obligation to sell any shares, and the offering will be active until certain conditions are met.

The most recent analyst rating on (TSE:ASM) stock is a Buy with a C$1.50 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 Announces AGM Results and Files Base Shelf Prospectus

Avino Silver & Gold Mines Ltd. announced the results of its 2025 Annual General Meeting, where all proposed resolutions were passed, and Michael Clark was elected as a new director. The company also filed a final base shelf prospectus, allowing it to offer up to US$100 million in securities over a 25-month period, which could impact its financial strategy and market positioning.

The most recent analyst rating on (TSE:ASM) stock is a Buy with a C$1.60 price target. To see the full list of analyst forecasts on Avino Silver & Gold stock, see the TSE:ASM Stock Forecast page.