Avino Silver & Gold Mines Ltd. (ASM) AI Stock Analysis

NYSE American: ASMAI research summary: business, growth, valuation, analysts, bull and bear case.

ASM AI stock analysis summary

AI Research

Avino Silver & Gold Mines Ltd. (ASM) is a precious metals exploration and development company focused on silver, gold, and copper properties. In FY2025, revenue grew 30.9% to $86.7M, accompanied by a net margin of 31.3%. As of June 30, 2026, the company held $136.2M in net cash with a current ratio of 5.85.

Market cap
$905.3M
Revenue (TTM)
$117.8M
P/E
19.7x
fwd 12.0x
1Y return
-17.7%
S&P 500 16.8%
Avg. target
$10.51
97.2% vs last close

Bull case

  • Avino generated $117.8M in trailing twelve-month revenue with a robust operating margin of 34.0%.
  • Balance sheet liquidity is solid, evidenced by $136.2M in net cash and a current ratio of 5.85 as of June 30, 2026.
  • Consensus expectations forecast strong expansion, with next fiscal year revenue projected to reach $283.4M, representing 44.5% growth.

Bear case

  • Shareholder dilution has been substantial, with share count increasing 71.6% over 5 years alongside $76.5M in share issuance during FY2025.
  • The stock has experienced negative near-term momentum, falling 17.7% over the past year compared to a 16.8% gain for the S&P 500.
  • The company has demonstrated inconsistent earnings execution, recording 0 EPS beats over the past 4 quarters.

What Avino Silver & Gold Mines does

Avino Silver & Gold Mines Ltd., founded in 1968 and based in Vancouver, Canada, engages in the acquisition, exploration, and development of mineral properties. The company focuses on discovering silver, gold, and copper deposits. Its primary assets include the Avino mine area, Gomez Palacio, Santiago Papasquiaro, and Unification La Platosa properties in Mexico, covering substantial exploration and exploitation concessions. In Canada, Avino holds 100% interests in the Minto and Olympic-Kelvin properties in British Columbia, alongside several quartz leases in the Eagle property situated in the Yukon.

Growth and profitability

Revenue expanded from $11.2M in FY2021 to $86.7M in FY2025, reflecting a 5-year revenue CAGR of 40.2% from FY2020 to FY2025. Annual top-line growth was 30.9% in FY2025, following a 50.8% increase in FY2024. Operating margin improved from -15.2% in FY2021 to 33.9% in FY2025, while net income rose to $27.1M with an EPS of $0.17. Over the trailing twelve months, revenue reached $117.8M, supported by a profit margin of 38.2% and an operating margin of 34.0%. For the latest quarter ending June 30, 2026, quarterly revenue grew 22.8% year-over-year, and quarterly earnings grew 201.9%.

ASM income statement →

Balance sheet and cash flow

As of June 30, 2026, Avino reported $144.8M in cash and short-term investments against $8.6M in total debt, yielding net cash of $136.2M. The company maintained a current ratio of 5.85 and a debt-to-equity ratio of 0.03 against $282.6M in shareholders' equity. In FY2025, operating cash flow stood at $27.9M, which funded $26.8M in capital expenditures and yielded free cash flow of $1.1M. Financing activities in FY2025 included $76.5M raised through share issuance, contributing to a 5-year share count change of 71.6%.

ASM balance sheet →

Valuation and performance

At its last close of $5.33 on October 16, 2026, Avino traded at a trailing P/E of 19.7x, matching the 19.7x median of its US-listed Basic Materials peers. Its forward P/E of 12.0x sits below the peer median of 13.4x, while its enterprise value-to-EBITDA multiple of 14.9x exceeds the peer median of 10.5x. Avino's price-to-sales multiple is 7.7x compared to the peer median of 1.8x. Over the past year, the stock fell 17.7%, trailing the S&P 500 (SPY) return of 16.8%, though its 5-year return of 473.1% surpassed the S&P 500 return of 83.0%.

ASM key metrics →

What analysts expect

Wall Street consensus comprises 2 Strong Buy ratings, 2 Buy ratings, and no Hold, Sell, or Strong Sell ratings. The mean price target of $10.51 represents a 97.2% premium over the last close of $5.33. For the fiscal year ending December 31, 2026, consensus estimates project revenue of $196.1M and an EPS of $0.29. For the next fiscal year, 2 analysts project revenue of $283.4M and an EPS of $0.52. The company recorded 0 EPS beats over the last 4 quarters, and its next earnings date is November 5, 2026.

ASM forecast and price target →

Key risks and what to watch

  • The stock displays elevated volatility with a beta of 3.01 and traded 23.3% below its 200-day average as of October 16, 2026.
  • High capital expenditures of $26.8M in FY2025 constrained free cash flow to $1.1M despite $27.9M in operating cash flow.
  • The stock trades at a premium price-to-sales multiple of 7.7x relative to the US-listed Basic Materials peer median of 1.8x.

AI-generated research summary. Written with AI from Quotelinks data as of October 16, 2026 and checked so every figure matches that data. For information only, not investment advice. Disclaimer

About this ASM AI stock analysis

This page is an AI-written research summary of Avino Silver & Gold Mines Ltd. (ASM). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.

Related: ASM income statement, ASM balance sheet, ASM key metrics, ASM analyst forecast, ASM chart. See the ASM stock overview for the latest quote and news.

ASM AI stock analysis FAQ

What is Avino Silver & Gold Mines' ticker and exchange?

The company trades under the ticker ASM on the NYSE American exchange.

What were Avino's revenue and earnings in FY2025?

In FY2025, Avino reported revenue of $86.7M, net income of $27.1M, and diluted earnings per share of $0.17.

Does Avino Silver & Gold Mines hold net cash or net debt?

As of June 30, 2026, Avino held net cash of $136.2M, with $144.8M in cash and short-term investments against $8.6M in total debt.

What is the consensus analyst price target for ASM stock?

Analysts have a mean price target of $10.51, representing a 97.2% premium over the October 16, 2026 closing price of $5.33.

When is Avino Silver & Gold Mines' next earnings report?

The company is scheduled to report earnings on November 5, 2026.

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