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

Avino Silver & Gold Mines (TSE:ASM) released its earnings results on Wednesday. The company reported C$0.20 earnings per share (EPS) for the quarter, FiscalAI reports. The business had revenue of C$54.82 million for 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 Price Performance

TSE:ASM traded down C$0.70 during trading hours on Friday, reaching C$9.86. 447,712 shares of the company were exchanged, compared to its average volume of 1,104,485. The company has a market capitalization of C$1.66 billion, a P/E ratio of 58.00 and a beta of 3.20. Avino Silver & Gold Mines has a 1-year low of C$3.52 and a 1-year high of C$16.11. The company has a debt-to-equity ratio of 2.57, a current ratio of 4.06 and a quick ratio of 1.29. The business has a 50 day moving average of C$9.48 and a 200 day moving average of C$9.48.

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.