Headquartered in Vancouver, BC Fiscal year ends December NYSE MKT: ASM avino.com
Avino Silver & Gold Mines Ltd. produces and sells silver, gold and copper concentrate. It also acquires, explores and advances mineral properties in Durango, Mexico. It reports two operating segments in Mexico, Avino and La Preciosa, plus a Corporate segment in Canada.
**Avino property.** The company holds a 99.67% effective interest in Compañía Minera Mexicana de Avino, which owns the roughly 1,104-hectare Avino property.
- The property hosts the Elena Tolosa (Avino) Mine, which produces bulk copper/silver/gold concentrate. The ET zone is mined under an agreement with Minerales de Avino that carries a 3.5% NSR royalty.
- The site has four independent mill circuits.
- It also hosts the San Gonzalo Mine, which is on care and maintenance.
**La Preciosa.** The company owns La Preciosa outright. The project was reclassified to development stage in April 2025, and its royalties were bought back from Deterra Royalties.
- Development ore from the La Gloria and Abundancia veins is processed at the Avino mill into silver/gold concentrate.
- Long-hole production mining is being prepared.
- Trade-off studies toward a stand-alone processing facility have begun.
**Reserves and strategy.** An April 2026 NI 43-101 technical report by Tetra Tech set out inaugural proven and probable reserves of 27 million tonnes containing 95 million ounces of silver, 356 thousand ounces of gold and 85 million pounds of copper. The company aims to become a Mexico-focused mid-tier primary silver producer, with silver eventually making up 75% of silver-equivalent output.
**Customers, holdings and funding.**
- Concentrate is sold to two counterparties under provisional pricing.
- The company holds equity stakes in Talisker Resources, Silver Wolf Exploration and Endurance Gold.
- It funds itself partly through at-the-market equity programs ($40 million and $60 million programs in 2025–2026) and runs a normal course issuer bid.
- Office and administration services come through a cost-sharing agreement with Oniva International Services, which is owned by CEO David Wolfin.
- As of November 4, 2026, 169,368,596 common shares were outstanding.
- Shares trade on the TSX and NYSE American under ASM, and in Frankfurt and Berlin under GV6. Updated
Silver at a realized $63.33 an ounce quadrupled the adjusted earnings consensus, with sales missing expectations by 39%. Costs are the catch: all-in sustaining costs climbed to $34.71 per silver-equivalent ounce from $24.06 a year ago, so the margin story leans entirely on the metal price holding.
International developed-market equities have outperformed US large caps through the first four months of 2026. The S&P 500 is up about 4.5% year to date, while three of the most widely held…
Most portfolios are built around the big names that dominate the headlines, and for good reason. Nvidia (NASDAQ:NVDA | NVDA Price Prediction) and Palantir (NASDAQ:PLTR) have delivered staggering returns as artificial intelligence…
Taiwan Semiconductor reported solid beats to both expected earnings and revenues, but the share price is stalled. The company's 12-month share price increase is better than that of its largest suppliers and…
Avino Silver & Gold Mines Ltd. produces and sells silver, gold and copper concentrate. It also acquires, explores and advances mineral properties in Durango, Mexico.
The Wall Street consensus 12-month price target for ASM is $10.51.
