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Earnings

Avino Announces Q2 2025 Financial Results

By The Northwire Desk — AI Analysis Aug 13, 2025 · 17:00 ASM · 5.37 Avino Silver & Gold Mines Ltd.
ASM · Price

Executive Summary

  • Avino reported a strong Q2 2025 with revenues up 47% to $21.8 M and net income of $2.9 M, reflecting higher metal prices and record mill throughput.
  • Mine operating income rose 118% to $10.2 M; EBITDA increased to $7.4 M and adjusted earnings to $8.8 M, driven by a 36% increase in tonnes milled and lower cash costs per ounce.
  • Operational highlights include a record 190,987 t processed, gold production up 17%, copper up 12%, while silver output slipped 3%; La Preciosa development progressed toward production.

Key Details

  • Revenue: $21.805 M (↑47% YoY)
  • Net Income: $2.864 M ($0.02/share, ↑131% YoY)
  • Mine Operating Income: $10.224 M (↑118% YoY)
  • EBITDA: $7.432 M (↑118% YoY)
  • Adjusted Earnings: $8.837 M ($0.06/share, ↑103% YoY)
  • Cash Costs: $15.11 per AgEq oz (‑7%) ; All‑in sustaining cash costs $20.93 per AgEq oz (‑8%)
  • Working Capital: $40.615 M (↑30% QoQ) – cash generated from operations $8.35 M
  • Tonnes Milled: 190,987 t (↑36% YoY) – record quarterly throughput
  • Silver Production: 283,619 oz (‑3% YoY)
  • Gold Production: 1,774 oz (↑17% YoY) – recovery improved to 74%
  • Copper Production: 1.462 M lb (↑12% YoY)
  • Silver‑Equivalent Production: 645,602 AgEq oz (↑5% YoY)
  • Index Inclusion: Added to S&P/TSX Global Mining Index (July 2025) and Solactive Global Silver Miners Index (May 2025)

Operational Update – La Preciosa * Ongoing blasting and construction of 360 m San Fernando main access decline.
* New jumbo drill advancing toward Gloria and Abundancia veins; site services installed, building renovated.

Capital Expenditures * H1 2025 capex $6.9 M (vs. $4.4 M in H1 2024), aligned with previously disclosed guidance.

ESG & Community Initiatives * Published inaugural Sustainability Report.
Delivered water tanks, rain‑water trench, 5‑ha reforestation, solar boilers to 67 families, and museum donation.
 Workforce: 100% Mexican nationals; ~483 direct jobs.

Notable Quotes

“We are very pleased to report another quarter of strong financial performance… With two strong quarters behind us, we are firmly on track to meet our 2025 financial and operational targets.” – David Wolfin, President & CEO

All figures are unaudited and presented in U.S. dollars unless noted otherwise.

Read the original news release →

More from Avino Silver & Gold Mines Ltd.

Jul 22, 2026 · 07:15

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Avino Reserves Anchor Growth as Cash Pile Funds Buybacks

Resource Estimate Apr 06, 2026 · 07:15

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Other Mar 10, 2026 · 17:15

Avino Transforms into Multi-Asset Producer as La Preciosa Ore Hits the Mill Amid Record Treasury

Earnings