Welcome to our dedicated page for Avino Silver Gld news (Ticker: ASM), a resource for investors and traders seeking the latest updates and insights on Avino Silver Gld stock.
Avino Silver & Gold Mines Ltd (ASM:ASM) delivers precious and base metals through sustainable mining practices. This news hub provides investors with essential updates on operational developments, financial performance, and strategic growth in the mineral exploration sector.
Access real-time press releases covering quarterly earnings, resource estimates compliant with NI 43-101 standards, and operational milestones from the Avino Mine district. Our curated collection includes updates on exploration progress, metal production figures, and sustainability initiatives without speculative commentary.
Key updates feature expansion of mineral reserves, mill optimization achievements, and community engagement programs. Investors will find critical information on copper production trends, silver equivalent resource calculations, and cost management strategies that drive Avino's operational efficiency.
Bookmark this page for direct access to verified ASM disclosures. Combine regular monitoring with fundamental analysis to track the company's progress in Mexico's mineral-rich regions while maintaining awareness of precious metal market dynamics.
Avino Silver & Gold Mines (NYSE:ASM) has acquired complete ownership of its La Preciosa project by purchasing all outstanding royalties and contingent payment obligations from Deterra Royalties Limited for $22 million. The transaction includes a $13.25 million upfront payment and an $8.75 million deferred payment due in one year.
The acquisition eliminates a 1.25% net smelter returns royalty on the Gloria and Abundancia areas and a 2.00% gross value returns royalty on other areas of La Preciosa. The company funded the upfront payment from its $48 million cash reserves. La Preciosa, one of Mexico's largest undeveloped silver resources, is expected to commence production by late 2025.
Development progress includes the construction of a 360-meter San Fernando main access decline, with ongoing drilling operations planned through October 2025.
Avino Silver & Gold Mines (NYSE:ASM) has reported exceptional drilling results from its La Preciosa project, with significant high-grade silver intersections. The standout result includes 1,638 g/t silver and 1.92 g/t gold over 7.90 metres true width, including an impressive 15,352 g/t silver and 1.55 g/t gold over 0.37 metres in Hole PMLP 25-03.
The company completed four drill holes totaling 1,100 metres, intersecting the La Gloria vein in all holes and the Abundancia vein in three holes. The results exceeded grade expectations and verified the current vein-based resource model's geometry. Notable intercepts also include 544 g/t silver and 0.46 g/t gold over 6.42 metres in Hole PMLP 25-04.
Avino Silver & Gold Mines (NYSE:ASM) reported strong Q2 2025 production results, delivering 645,602 silver equivalent ounces, a 5% increase from Q2 2024. The company achieved record quarterly mill throughput of 190,987 tonnes, up 36% year-over-year, driven by operational improvements and automation enhancements.
Key production metrics include a 17% increase in gold production to 1,774 ounces, a 12% increase in copper production to 1.5 million pounds, while silver production decreased 3% to 283,619 ounces. The company maintains a strong financial position with US$37 million in cash and remains debt-free. First-half 2025 production of 1.325 million silver equivalent ounces positions Avino well within its 2025 guidance of 2.5-2.8 million silver equivalent ounces.
Development at La Preciosa project continues with blasting and construction of the San Fernando main access decline, while exploration drilling programs are ongoing at both the Avino Mine and La Preciosa.
Avino Silver & Gold Mines reported strong Q1 2025 production results, achieving 678,458 silver equivalent ounces, an 8% increase from Q1 2024. The company saw improvements across all metals:
- Gold production up 25% to 2,225 ounces
- Copper production increased 19% to 1.6 million pounds
- Silver production rose 6% to 265,681 ounces
The growth was primarily driven by improved grades in all three metals, despite slightly lower mill throughput. The company completed jaw crusher upgrades in Q1 2025 with minimal downtime. At La Preciosa mine, development is progressing with blasting and construction of a 360-metre decline underway, following permit receipt in January 2025. The company will release Q1 2025 financial results on May 13, 2025.
Avino Silver & Gold Mines (TSX: ASM) (NYSE American: ASM) has unveiled its strategic expansion plans as a debt-free, cash-flow positive precious metals producer. The company, operating in Durango, Mexico, aims to achieve intermediate producer status within five years.
Key highlights include:
- A substantial mineral resource base of 371 million ounces of silver equivalent
- Strong financial position with $26 million in cash reserves
- Diversified revenue stream from silver, gold, and copper production
- 100% Mexican workforce
- Development of a second mine utilizing existing processing infrastructure
The company's expansion strategy focuses on efficient production growth while minimizing environmental impact and maximizing profitability through the use of existing infrastructure.
Avino Silver & Gold Mines (ASM) reported record financial performance for Q4 and full-year 2024. Q4 highlights include: revenue up 95% to $24.4M, gross profit increased 308% to $10.5M, and net income rose 804% to $5.1M ($0.03/share).
Full-year 2024 achievements include: record revenue of $66.1M (up 51%), gross profit of $23.2M (up 197%), and net income of $8.1M ($0.06/share). The company reached an all-time high cash balance of $27.3M, up 916%.
Operational performance showed significant improvements with Q4 silver equivalent production reaching 735,557 ounces (up 32% YoY). Full-year production hit 2.65M silver equivalent ounces. Mill throughput increased to 181,733 tonnes in Q4, marking the highest quarterly throughput in company history.
The company commenced underground development at La Preciosa in January 2025 following permit approvals and achieved a 32% reduction in Lost Time Incident Frequency Rate for 2024.