Loading...
ASM logo

Avino Silver & Gold Mines Ltd.TSX:ASM Stock Report

Market Cap CA$1.5b
Share Price
CA$9.30
CA$9
3.3% overvalued intrinsic discount
1Y129.6%
7D-13.3%
Portfolio Value
View

Avino Silver & Gold Mines Ltd.

TSX:ASM Stock Report

Market Cap: CA$1.5b

Avino Silver & Gold Mines (ASM) Stock Overview

Engages in the acquisition, exploration, and advancement of mineral properties in Mexico. More details

ASM fundamental analysis
Snowflake Score
Valuation2/6
Future Growth5/6
Past Performance4/6
Financial Health6/6
Dividends0/6

ASM Community Fair Values

Create Narrative

See what 98 others think this stock is worth. Follow their fair value or set your own to get alerts.

Avino Silver & Gold Mines Ltd. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Avino Silver & Gold Mines
Historical stock prices
Current Share PriceCA$9.30
52 Week HighCA$16.11
52 Week LowCA$3.95
Beta2.86
1 Month Change-10.66%
3 Month Change-24.33%
1 Year Change129.63%
3 Year Change900.00%
5 Year Change488.61%
Change since IPO132.50%

Recent News & Updates

Narrative Update May 02

ASM: Updated Reserves And Rising Costs Will Likely Cap Near Term Upside

Analysts have modestly raised their CA$ price target on Avino Silver & Gold Mines, citing small refinements to discount rate, revenue growth, profit margin, and forward P/E assumptions. These changes leave their fair value estimate unchanged at CA$9.00.

Recent updates

Narrative Update May 02

ASM: Updated Reserves And Rising Costs Will Likely Cap Near Term Upside

Analysts have modestly raised their CA$ price target on Avino Silver & Gold Mines, citing small refinements to discount rate, revenue growth, profit margin, and forward P/E assumptions. These changes leave their fair value estimate unchanged at CA$9.00.
Narrative Update Apr 18

ASM: Higher Multiple And Cost Outlook Will Constrain Upside Potential

Analysts now set their price target for Avino Silver & Gold Mines at CA$9.00, up slightly from CA$8.95. This reflects updated assumptions for discount rates, revenue growth, profit margin and future P/E expectations.
Narrative Update Apr 03

ASM: Index Additions And 2026 Production Plan Will Support Upside Potential

Analysts have adjusted their CA$ price target for Avino Silver & Gold Mines to reflect updated assumptions on discount rates, revenue growth, profit margins and future P/E expectations, resulting in a revised fair value estimate of CA$15.70. What's in the News Avino Silver & Gold Mines was added to the S&P/TSX Composite Index, bringing the company into a broader Canadian equity benchmark (Index Constituent Adds).
Narrative Update Mar 20

ASM: High Grade Drilling And 2026 Guidance Will Support Stronger Future Returns

Analysts have modestly raised their price target on Avino Silver & Gold Mines to CA$8.95, citing updated assumptions around discount rates, revenue growth, profit margins, and a slightly higher future P/E multiple. What's in the News Issued 2026 production guidance, planning to process 725,000 to 750,000 tonnes from the Avino Mine and La Preciosa, with silver output of 1.0 to 1.2 million oz, gold of 5,000 to 7,000 oz, and copper of 6.0 to 7.5 million lb, alongside projected consolidated AISC of $25.00 to $27.00 per payable silver equivalent oz (Corporate Guidance).
Narrative Update Mar 06

ASM: 2026 Production And Development Plans Will Support A Stronger Outlook

Analysts have lifted their fair value estimate for Avino Silver & Gold Mines from CA$13.30 to CA$15.70, reflecting updated assumptions on the discount rate, revenue growth, profit margins, and a higher future P/E multiple. What's in the News Issued 2026 production guidance, planning to process 725,000 to 750,000 tonnes from the Avino Mine and La Preciosa, with a focus on development and optimization work at La Preciosa throughout the year (Corporate Guidance).
Narrative Update Feb 20

ASM: Future Returns Will Lag Despite Strong La Preciosa Drilling Progress

Analysts have trimmed their average price target on Avino Silver & Gold Mines by CA$0.50 to CA$8.95 as they factor in updated assumptions for revenue growth, profit margins and a higher anticipated future P/E multiple. What's in the News Reported results from six drill holes at La Preciosa, completing the 2025 drill program of 14 holes and about 3,500 metres.
Narrative Update Feb 06

ASM: Future Cash Flows Will Lag Despite Strong La Preciosa Operational Progress

Analysts have lifted their price target for Avino Silver & Gold Mines to an implied fair value of US$9.45 from US$5.30, citing updated assumptions for revenue growth, profit margins, and a lower future P/E multiple in their models. What's in the News Reported results from six drill holes at La Preciosa, completing the 2025 drilling program, with all assays processed under the company’s QA/QC protocols and no indications of bias or contamination (Key Developments).
Analysis Article Jan 24

Avino Silver & Gold Mines Ltd.'s (TSE:ASM) 38% Jump Shows Its Popularity With Investors

Despite an already strong run, Avino Silver & Gold Mines Ltd. ( TSE:ASM ) shares have been powering on, with a gain of...
Narrative Update Jan 23

ASM: New Production And Drilling Progress Will Support A Stronger Outlook

Analysts have raised their price target on Avino Silver & Gold Mines to US$13.30 from US$8.40, citing updated assumptions for revenue growth, profit margins, and a lower future P/E multiple. What's in the News Reported fourth quarter 2025 operating results, including copper production of 1,295,244 lbs, silver production of 345,298 oz, gold production of 1,687 oz, and total silver equivalent production of 671,583 oz for the period ended December 31, 2025 (Announcement of Operating Results).
Narrative Update Jan 08

ASM: Drill Results And Revised Assumptions Will Shape A Balanced Outlook

Analysts have lifted their price target on Avino Silver & Gold Mines, citing updated forecasts that pair a higher fair value estimate with changes to the discount rate, revenue growth, profit margin and future P/E assumptions. What's in the News Reported additional drill results from four holes at the La Preciosa project, confirming intercepts in the La Gloria and Abundancia veins and intersecting unnamed and splay veins in one hole (Key Developments).
Narrative Update Dec 25

ASM: Future Cash Flows Will Lag Despite Strong La Preciosa Drill Results

Analysts have maintained their price target for Avino Silver & Gold Mines at $5.30 per share, a view they justify by modestly higher expectations for revenue growth and profit margins, partly offset by a lower assumed future price-to-earnings multiple and a slightly higher discount rate. What's in the News Reported four additional twin drill holes at the La Preciosa project, with assays that exceeded grade expectations and confirmed the geometry of the current vein-based resource model (Company announcement) Highlighted high grade intercepts at La Preciosa, including up to 3,206 g/t silver and 1.02 g/t gold over 0.77 metres true width in the La Gloria vein, reinforcing the project’s potential as a high grade silver deposit (Company announcement) Confirmed that all La Preciosa assays passed Avino’s QA/QC protocols with no indications of bias or contamination, supporting confidence in the reported grades and vein continuity (Company announcement) Announced consolidated operating results for the second quarter of 2025, showing lower copper and silver output but higher gold production compared with the prior year period (Operating results release) Reported nine month 2025 production broadly in line with the prior year in silver equivalent terms, with modestly higher gold output offsetting slightly lower copper and silver volumes (Operating results release) Valuation Changes Fair Value Estimate maintained at CA$5.30 per share with no change to the analyst price target.
Narrative Update Dec 11

ASM: Future Cash Flows Will Disappoint Despite Strong La Preciosa Drill Results

Analysts have modestly lifted their price target on Avino Silver & Gold Mines by adjusting the discount rate and future earnings assumptions. This reflects a slightly more optimistic view of the company’s long term cash flow potential and valuation in dollar terms.
Analysis Article Dec 05

Earnings Tell The Story For Avino Silver & Gold Mines Ltd. (TSE:ASM) As Its Stock Soars 31%

Avino Silver & Gold Mines Ltd. ( TSE:ASM ) shareholders have had their patience rewarded with a 31% share price jump in...
Narrative Update Nov 27

ASM: Rising Discount Rate Will Undermine Margins Despite Strong Drill Results

Analysts have slightly raised their price target for Avino Silver & Gold Mines to $5.30, citing minor adjustments in discount rates and future price-to-earnings expectations as factors behind the change. What's in the News Reported strong drill results from four additional holes at La Preciosa, with assays confirming high grades and supporting the current resource model (Key Developments) Announced Q3 2025 operating results; gold production increased year-over-year, while copper and silver production saw modest declines (Key Developments) Added to the S&P Global BMI Index on the TSX (Key Developments) Dropped from the S&P Global BMI Index on the NYSE American (Key Developments) Valuation Changes Consensus Analyst Price Target remains unchanged at CA$5.30 per share.
Narrative Update Nov 13

ASM: Reduced Revenue Growth Will Pressure Margins Amid Higher Discount Rate

Analysts have lowered their price target for Avino Silver & Gold Mines from $5.30 to $5.30 per share. They cite expectations of slightly reduced revenue growth and profit margins in their updated models.
Narrative Update Oct 30

ASM: Future Silver Output Declines Will Outweigh Short-Term Gold Production Gains

Analysts have raised their price target for Avino Silver & Gold Mines by $0.00 and are maintaining a fair value of $5.30 per share. Increased expectations for revenue growth have offset a lower projected profit margin and a slightly higher discount rate.
Narrative Update Oct 15

La Preciosa Advances Will Counteract Overvalued Silver Risks

Analysts have raised their price target for Avino Silver & Gold Mines from $4.20 to $5.30 per share. They cite slightly improved margin projections and a more favorable valuation outlook, despite minor adjustments to growth and discount rate assumptions.
Analysis Article Oct 05

Avino Silver & Gold Mines Ltd.'s (TSE:ASM) 29% Share Price Surge Not Quite Adding Up

Despite an already strong run, Avino Silver & Gold Mines Ltd. ( TSE:ASM ) shares have been powering on, with a gain of...
Narrative Update Sep 23

When silver reaches $100 per oz

🪙 Avino Silver & Gold Mines (ASM) – 2025 Update Latest official info Shares Outstanding (basic): ~149,866,367 as of July 31, 2025. Fully diluted ~161,176,832.
Narrative Update Sep 11

La Preciosa Advances Will Counteract Overvalued Silver Risks

Avino Silver & Gold Mines’ consensus price target has been notably lowered, primarily reflecting a marked increase in its future P/E ratio, with fair value revised down from CA$5.22 to CA$4.20. What's in the News Drilling at La Preciosa returned high-grade silver and gold intercepts, confirming mineralization in the La Gloria and Abundancia veins, with assay highlights including 1,638 g/t Ag and 1.92 g/t Au over 7.90m.
Analysis Article Aug 22

Additional Considerations Required While Assessing Avino Silver & Gold Mines' (TSE:ASM) Strong Earnings

Despite posting some strong earnings, the market for Avino Silver & Gold Mines Ltd.'s ( TSE:ASM ) stock hasn't moved...
Narrative Update Aug 16

La Preciosa Development Will Boost Future Production

The consensus price target for Avino Silver & Gold Mines has increased, reflecting improved profitability as the net profit margin rose from 31.56% to 35.85%, driving the fair value estimate up to CA$5.22. What's in the News Q2 2025 operating results showed higher copper and gold production YoY, with silver output slightly down; silver equivalent production increased.
Analysis Article Jul 10

Is Avino Silver & Gold Mines Ltd. (TSE:ASM) Trading At A 43% Discount?

Key Insights The projected fair value for Avino Silver & Gold Mines is CA$9.20 based on 2 Stage Free Cash Flow to...
Analysis Article Jun 19

There's Reason For Concern Over Avino Silver & Gold Mines Ltd.'s (TSE:ASM) Massive 29% Price Jump

Despite an already strong run, Avino Silver & Gold Mines Ltd. ( TSE:ASM ) shares have been powering on, with a gain of...
Analysis Article May 20

Shareholders Would Not Be Objecting To Avino Silver & Gold Mines Ltd.'s (TSE:ASM) CEO Compensation And Here's Why

Key Insights Avino Silver & Gold Mines to hold its Annual General Meeting on 27th of May CEO David Wolfin's total...
Analysis Article May 14

Weekly Picks: 💸 AAPL's Valuation Risks, ASM's CashFlow Potential, and R3NK's 3 Big Tailwinds

This week’s picks cover: Why Apple’s current valuation seems unjustifiably high, why ASM free cash flow potential is grossly under appreciated, and which 3 tailwinds could push R3NK’s revenue and earnings much higher
Analysis Article May 05

Optimistic Investors Push Avino Silver & Gold Mines Ltd. (TSE:ASM) Shares Up 47% But Growth Is Lacking

Avino Silver & Gold Mines Ltd. ( TSE:ASM ) shares have continued their recent momentum with a 47% gain in the last...
New Narrative Apr 30

Avino a case for USD$20 per share within 5 years (assuming $3,500 gold, $100 silver and $4 copper).

Revenue: $24.4 million in Q4 2024, contributing to a strong full-year performance.
Analysis Article Apr 12

If EPS Growth Is Important To You, Avino Silver & Gold Mines (TSE:ASM) Presents An Opportunity

For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...

Shareholder Returns

ASMCA Metals and MiningCA Market
7D-13.3%-10.1%-0.2%
1Y129.6%85.1%32.6%

Return vs Industry: ASM exceeded the Canadian Metals and Mining industry which returned 85.1% over the past year.

Return vs Market: ASM exceeded the Canadian Market which returned 32.6% over the past year.

Price Volatility

Is ASM's price volatile compared to industry and market?
ASM volatility
ASM Average Weekly Movement11.2%
Metals and Mining Industry Average Movement11.8%
Market Average Movement10.3%
10% most volatile stocks in CA Market18.1%
10% least volatile stocks in CA Market3.9%

Stable Share Price: ASM has not had significant price volatility in the past 3 months compared to the Canadian market.

Volatility Over Time: ASM's weekly volatility (11%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1968n/aDavid Wolfinwww.avino.com

Avino Silver & Gold Mines Ltd., together with its subsidiaries, engages in the acquisition, exploration, and advancement of mineral properties in Mexico. It explores for silver, gold, copper, and base metal deposits. The company holds 100% interest in the Avino Mine area property covering an area of approximately 4,086.93 hectares comprising 42 mineral claims and leases 4 mineral claims, which is located in the state of Durango, Mexico.

Avino Silver & Gold Mines Ltd. Fundamentals Summary

How do Avino Silver & Gold Mines's earnings and revenue compare to its market cap?
ASM fundamental statistics
Market capCA$1.51b
Earnings (TTM)CA$50.77m
Revenue (TTM)CA$155.06m
31.2x
P/E Ratio
10.2x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
ASM income statement (TTM)
RevenueUS$112.82m
Cost of RevenueUS$50.84m
Gross ProfitUS$61.98m
Other ExpensesUS$25.04m
EarningsUS$36.94m

Last Reported Earnings

Mar 31, 2026

Next Earnings Date

n/a

Earnings per share (EPS)0.22
Gross Margin54.94%
Net Profit Margin32.74%
Debt/Equity Ratio0.3%

How did ASM perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/20 16:35
End of Day Share Price 2026/05/20 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Avino Silver & Gold Mines Ltd. is covered by 5 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Jacob SekelskyAlliance Global Partners
null nullCantor Fitzgerald Canada Corporation
Heiko IhleH.C. Wainwright & Co.