Avino Silver & Gold (ASM) AI Stock Analysis

• Market Cap: C$1.08B
• Dividend Yield: N/A
• Average Volume (3M): 746.55K
• Price to Earnings (P/E): 46.1
• Beta (1Y): 2.24
• Revenue Growth: 58.97%
• EPS Growth: 849.69%
• Country: CA
• Employees: 239
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Other Precious Metals
• EPS (TTM): 0.03
• Shares Outstanding: 149,866,360
• 10 Day Avg. Volume: 959,559
• 30 Day Avg. Volume: 746,549
• 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: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: C$8.12
• Price Target Upside: 13.82% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 2

• Rating: 78 Outperform
• Price Target: C$8.00 ▲(12.20% Upside)

Avino Silver & Gold's strong financial performance and positive earnings call sentiment are the most significant factors driving the score. The stock's technical indicators are favorable, though tempered by a high valuation. The absence of corporate events does not impact the overall score.

Positive Factors

Revenue Growth

Strong revenue growth indicates effective market penetration and operational efficiency, supporting long-term financial stability and expansion potential.

Cash Flow Management

Efficient cash flow management enhances liquidity, enabling the company to invest in growth opportunities and withstand market fluctuations.

Cost Efficiency

Improved cost efficiency strengthens competitive positioning by maintaining profitability even in volatile commodity markets.

Negative Factors

Silver Production Decline

A decline in silver production could impact revenue and profitability, necessitating strategic adjustments to maintain growth momentum.

Foreign Exchange Risks

Currency fluctuations pose financial risks, potentially affecting cost structures and profitability, requiring effective hedging strategies.

Market Dependency

Heavy reliance on volatile metal prices can lead to revenue instability, necessitating diversification or hedging to mitigate risks.

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: Neutral
• Last Price: 7.13
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:ASM, the sentiment is Neutral. The current price of 7.13 is below the 20-day moving average (MA) of 7.62, above the 50-day MA of 6.58, and above the 200-day MA of 4.13, indicating a neutral trend. The MACD of 0.35 indicates Positive momentum. The RSI at 48.13 is Neutral, neither overbought nor oversold. The STOCH value of 11.18 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral 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	C$1.08B	46.06	11.47%	―	58.97%	849.69%
GGD	62 Neutral	C$849.88M	55.98	3.81%	―	110.25%	―
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
ITR	60 Neutral	C$745.30M	49.16	16.08%	―	―	―
SLVR	47 Neutral	C$312.45M	―	-5.11%	―	―	-51.25%
ABRA	41 Neutral	$879.00M	―	-79.33%	―	―	-193.85%
NUAG	39 Underperform	C$535.40M	―	-2.77%	―	―	37.50%

Avino Silver & Gold Corporate Events

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.