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) generates a steady flow of news related to its silver, gold and copper operations in Mexico and its activities as a Canadian-listed mining company. This news page aggregates company announcements, market disclosures and technical updates so readers can follow how Avino’s producing Avino Mine and growth projects such as La Preciosa and the Oxide Tailings Project are progressing over time.
Recent Avino news releases have focused on operational performance at the Avino Mine near Durango, Mexico, including quarterly production figures, mill throughput, and silver-equivalent output. The company frequently reports on mill availability, plant efficiency and changes in feed grades for silver, gold and copper as it advances through its mine plan. Financial updates, such as interim results and discussions of cash balances and working capital, are also common topics in Avino’s news flow.
A significant portion of Avino’s news coverage relates to the development of the La Preciosa project. The company has published detailed drill results from the La Gloria and Abundancia veins, described geological characteristics of the deposit and reported on ramp development, stockpiling of mineralized material and the start of trucking La Preciosa material to the Avino mill. These releases provide insight into how La Preciosa is being integrated into Avino’s broader production profile.
Investors will also find news on corporate and capital markets events, including Avino’s inclusion in the TSX30 2025 ranking, index additions such as the Market Vectors Global Junior Gold Miners Index and the VanEck Junior Gold Miners ETF (GDXJ), and the renewal of the company’s at-the-market equity program. By reviewing this news feed regularly, readers can monitor Avino’s operational updates, exploration results, ESG initiatives and financing activities in one place.
Avino Silver & Gold Mines Ltd. (ASM) reported record production results for 2022, achieving 2,655,502 silver equivalent ounces, a remarkable 215% increase from 2021. In Q4 2022, production totaled 770,127 silver equivalent ounces, exceeding expectations. Significant improvements were noted in silver production, which rose by 89% to 309,856 ounces, and copper production increased by 37% to 1.5 million lbs. Key operational advancements include the full commissioning of the dry-stack tailings facility, enhancing safety and environmental sustainability. The company aims for intermediate producer status within five years, continuing to optimize mining processes.
Avino Silver & Gold Mines Ltd. (ASM) announced significant drill results from four holes below Level 17 at its Avino Mine in Durango, Mexico. The highlights include 248 AgEq g/t over 16.66 meters in Hole ET 22-12, with a deeper mineralization indication of 800 meters. Notably, the copper grade is increasing with depth, reaching 1.63% over 16.66 meters. Avino is expanding its exploration program into 2023 with plans for 8000 meters of drilling. The geological model suggests the presence of a deeper mineralized system linked to a porphyry center.
Avino Silver & Gold Mines Ltd. reported a strong performance for Q3 2022, generating $9.1 million in revenues, a 385% increase from Q3 2021. The company achieved record production of 778,008 silver equivalent ounces, up 20% from the previous quarter. Operating income was $2.1 million, with positive cash flows of $1.6 million. However, the company faced a net loss of $1.1 million. Cash balance decreased to $10.9 million from $24.8 million at year-end 2021. The company is focusing on growth and cost management amidst market fluctuations.
Avino Silver & Gold Mines Ltd. (TSX: ASM, NYSE American: ASM) will announce its Third Quarter 2022 financial results on November 9, 2022, after market closure. A conference call and webcast is scheduled for November 10, 2022, at 9:30 a.m. PST. Participants can join the call by dialing 1-800-319-4610 (toll-free in Canada & USA) or 1-604-638-5340 (international). Avino is focused on silver production from its Avino Mine in Mexico and aims to create shareholder value through organic growth and strategic acquisitions.
Avino Silver & Gold Mines Ltd. (TSX: ASM) announced record production results for Q3 2022, with silver equivalent production rising 20% to 778,008 oz. Silver output increased 27% to 285,444 oz, and copper production grew by 28% to 2.1 million lbs. However, gold production fell by 11% to 1,201 oz. The company is focused on optimizing mining processes and anticipates strong production growth over the next five years, despite lower metal prices.
Significant drilling results were reported from the Avino Elena Tolosa area, further validating resource potential.
Avino Silver & Gold Mines Ltd. (TSX: ASM) has announced new drill results from Phase 2 of its exploration program at the Elena Tolosa area of the Avino Mine. Recent drilling confirms the continuity of mineralization below Level 17, yielding significant silver, gold, and copper grades. Key highlights include hole ET 22-09 with an impressive 150 AgEq g/t over 26.77 meters and peak results of 1,800 AgEq g/t over 0.28 meters. The company plans to drill an additional six holes by the end of 2022, signaling potential for increased mineral resources and a deeper mineralized system.
Avino Silver & Gold Mines Ltd. (ASM) reported solid financial results for Q2 2022. Revenues reached $9.4 million, with a mine operating income of $3.9 million, and net income of $2.3 million or $0.03 per share. Cash costs improved, with $8.39 per silver equivalent ounce sold. The company also advanced its Oxide Tailings Project and confirmed higher copper mineralization in drill results. However, cash balance dropped to $12.8 million from $24.8 million at year-end 2021, indicating liquidity concerns.
Avino Silver & Gold Mines Ltd. (ASM) will announce its Second Quarter 2022 financial results on August 10, 2022, after market closure. A conference call and webcast are scheduled for August 11, 2022, at 8:00 a.m. PDT (11:00 a.m. EDT). Investors and media can join via the provided online link or by dialing the appropriate phone numbers. The call will allow participants to ask questions and will be recorded for later access. The company operates primarily in silver production from the Avino Mine in Durango, Mexico.
Avino Silver & Gold Mines Ltd. (ASM) reported robust Q2 2022 production from its Avino Mine in Mexico. Silver equivalent production rose 42% to 649,569 ounces, with silver output increasing 37% to 225,537 ounces, gold production up 69% to 1,350 ounces, and copper production enhancing 35% to 1,644,342 pounds. Mill throughput also grew by 6%, reaching 118,224 dry tonnes. The company continues its drilling campaign on its Oxide Tailings Project, aiming to advance resources and explore new areas for potential development.
Avino Silver & Gold Mines Ltd. (TSX: ASM) reported strong Q2 2022 production results, achieving a 42% increase in silver equivalent production to 649,569 ounces. Silver output rose by 37% to 225,537 ounces, gold production surged 69% to 1,350 ounces, and copper production improved 35% to 1.6 million lbs. Despite declining metal prices, sales remained profitable. The company focuses on operational optimization and workforce growth and anticipates significant production growth over the next five years amidst rising demand for precious metals.