Avino Silver & Gold (ASM) AI Stock Analysis

• Market Cap: $700.67M
• Dividend Yield: N/A
• Average Volume (3M): 620.67K
• Price to Earnings (P/E): 34.0
• Beta (1Y): 2.02
• Revenue Growth: 58.11%
• EPS Growth: 761.96%
• Country: CA
• Employees: 239
• Sector: Basic Materials
• Sector Strength: 68
• Industry: Other Precious Metals
• EPS (TTM): 0.06
• Shares Outstanding: 144,766,310
• 10 Day Avg. Volume: 576,660
• 30 Day Avg. Volume: 620,674
• PEG Ratio: 0.08
• Price to Book (P/B): 0.75
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 18.10
• Enterprise Value/Market Cap: 0.05
• Enterprise Value/Revenue: 0.17
• Enterprise Value/Gross Profit: 1.64
• Enterprise Value/Ebitda: 0.99
• 1Y Price Target: $4.13
• Price Target Upside: -13.47% Downside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 3

• Rating: 74 Outperform
• Price Target: C$5.50 ▲(15.30%Upside)

Avino Silver & Gold's strong financial performance and positive earnings call sentiment are the most significant factors driving the stock score. While technical indicators show bullish trends, overbought conditions present potential risks. The high P/E ratio suggests a premium valuation, which could limit upside potential.

Positive Factors

Cost Management

The company saw a significant decrease in cost of sales by 18% year-over-year due to unit cost reductions and currency movement.

Operational Efficiency

The firm's cost of sales decreased 18% due to unit cost reductions and favorable currency movement.

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

Dependency on a Single Project

Future growth for ASM remains strongly dependent on ongoing success at La Preciosa.

Market Risks

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

Avino Silver & Gold Business Overview & Revenue Model

Company Description

Avino Silver & Gold Mines Ltd. is a Canadian mining company primarily engaged in the exploration, extraction, and production of silver, gold, and other precious metals. The company operates in the mining sector, focusing on its flagship Avino property located in Durango, Mexico. Avino Silver & Gold Mines Ltd. is committed to sustainable mining practices and aims to deliver long-term value to its shareholders through efficient and responsible mining operations.

How the Company Makes Money

Avino Silver & Gold Mines Ltd. generates revenue through the sale of precious metals, primarily silver and gold, that it extracts from its mining operations. The company processes ore from its mines to produce silver and gold concentrates, which are then sold to smelters and metal traders. Revenue is influenced by factors such as global commodity prices, production volumes, and the efficiency of its mining operations. Additionally, Avino may engage in strategic partnerships or joint ventures to expand its mining activities and increase its production capacity, thereby enhancing its revenue potential.

Avino Silver & Gold Financial Statement Overview

Summary

Avino Silver & Gold has demonstrated notable improvements across its financial statements. Revenue growth is robust, with a 50.79% increase, and profitability margins have improved significantly. The balance sheet is stable with low leverage and high equity ratio, while cash flow metrics show strong cash generation and operational efficiency.

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
Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement		Total Revenue
66.18M	43.89M	44.19M	11.23M	16.02M
	Gross Profit
23.20M	7.82M	15.06M	3.55M	190.00K
	EBIT
14.74M	-119.00K	8.81M	-1.71M	-4.67M
	EBITDA
18.19M	2.79M	9.96M	522.00K	-6.95M
	Net Income Common Stockholders
8.10M	542.00K	3.10M	-2.06M	-7.65M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
27.32M	2.69M	11.24M	24.77M	11.71M
	Total Assets
148.71M	128.34M	121.20M	86.28M	68.78M
	Total Debt
2.63M	3.45M	6.64M	1.07M	3.07M
	Net Debt
-24.69M	766.00K	-4.60M	-23.70M	-8.64M
	Total Liabilities
23.31M	22.34M	23.18M	7.77M	9.77M
	Stockholders Equity
125.40M	106.00M	98.02M	78.51M	59.01M
Cash Flow		Free Cash Flow
18.67M	-5.89M	4.00M	-1.80M	-1.94M
	Operating Cash Flow
23.12M	1.49M	11.83M	109.00K	72.00K
	Investing Cash Flow
-6.56M	-13.53M	-24.10M	-3.21M	-2.17M
	Financing Cash Flow
8.02M	3.49M	-1.15M	16.09M	4.20M

Avino Silver & Gold Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 4.77
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Negative
• 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 4.77 is above the 20-day moving average (MA) of 4.37, above the 50-day MA of 3.45, and above the 200-day MA of 2.15, indicating a bullish trend. The MACD of 0.41 indicates Positive momentum. The RSI at 74.31 is Negative, neither overbought nor oversold. The STOCH value of 70.08 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	$700.67M	33.95	10.93%	―	58.11%	761.96%
GGD	66 Neutral	C$732.15M	148.99	1.21%	―	74.02%	―
ITR	60 Neutral	C$380.25M	―	-2.95%	―	―	71.90%
Sector *	51 Neutral	$2.04B	-1.21	-21.10%	3.95%	2.90%	-30.45%
SLVR	47 Neutral	C$182.67M	―	-4.77%	―	―	-18.89%
ABRA	41 Neutral	$701.24M	―	-67.76%	―	―	-16.69%
NUAG	39 Underperform	C$368.72M	―	-3.21%	―	―	39.36%

Avino Silver & Gold Corporate Events

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.

Avino Reports Strong Q1 2025 Production with Strategic Expansion at La Preciosa

Avino Silver & Gold Mines Ltd. reported a strong first quarter in 2025 with an 8% increase in silver equivalent production compared to the previous year. The company achieved significant growth in gold and copper production, driven by improved feed grades and recovery rates. Additionally, Avino completed upgrades to its jaw crusher, contributing to operational efficiency. The company is also advancing its development plans at the La Preciosa mine, with ongoing blasting and construction activities, positioning itself for future growth.