Avino Silver & Gold Mines (TSE:ASM) Announces Earnings Results

Avino Silver & Gold Mines (TSE:ASM) posted its quarterly earnings results on Wednesday. The company reported C$0.20 earnings per share for the quarter, FiscalAI reports. The firm had revenue of C$54.82 million for the quarter. Avino Silver & Gold Mines had a net margin of 30.42% and a return on equity of 15.48%.

Avino Silver & Gold Mines Trading Down 1.6%

TSE:ASM traded down C$0.17 on Wednesday, hitting C$10.73. The stock had a trading volume of 1,252,344 shares, compared to its average volume of 1,099,513. The company has a quick ratio of 1.29, a current ratio of 4.06 and a debt-to-equity ratio of 2.57. The stock has a market cap of C$1.81 billion, a price-to-earnings ratio of 63.12 and a beta of 3.20. The company has a fifty day moving average price of C$9.54 and a two-hundred day moving average price of C$9.43. Avino Silver & Gold Mines has a 1-year low of C$3.07 and a 1-year high of C$16.11.

About Avino Silver & Gold Mines

Avino is a silver producer from its wholly owned Avino Mine near Durango, Mexico. The Company’s silver, gold and copper production remains unhedged. The Company intends to maintain long-term sustainable and profitable mining operations to reward shareholders and the community alike through our growth at the historic Avino Property and the strategic acquisition of the adjacent La Preciosa which was finalized in Q1 2022. Early in 2024, the Pre-feasibility Study on the Oxide Tailings Project was completed.