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

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

Avino Silver & Gold Mines Stock Performance

Shares of ASM opened at C$10.73 on Thursday. The company has a current ratio of 4.06, a quick ratio of 1.29 and a debt-to-equity ratio of 2.57. The company has a market capitalization of C$1.81 billion, a price-to-earnings ratio of 63.12 and a beta of 3.20. The stock has a 50 day moving average of C$9.50 and a 200 day moving average of C$9.45. Avino Silver & Gold Mines has a 12 month low of C$3.07 and a 12 month 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.