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Gold 4,079.60 −0.8% Silver 51.94 −0.8% Copper 6.24 −0.5% Oil 90.83 +0.3% Palladium 1,017.10 −2.6% KRN 0.260 −7.1% GSKR 2.84 +5.6% ADE 0.125 +4.2% NRM 0.055 +0.0% BBB 0.520 −1.9% LGD 2.09 +1.9% DEC 0.110 +0.0% LCE 0.200 +0.0% NILI 0.515 −1.0% CDE 21.85 +6.7% CAN 0.045 +0.0% LORD 0.100 +0.0% HBM 29.49 +2.3% ELEF 0.265 +120.8% MUN 0.300 +0.0% SAGA 0.400 +6.7% Gold 4,079.60 −0.8% Silver 51.94 −0.8% Copper 6.24 −0.5% Oil 90.83 +0.3% Palladium 1,017.10 −2.6% KRN 0.260 −7.1% GSKR 2.84 +5.6% ADE 0.125 +4.2% NRM 0.055 +0.0% BBB 0.520 −1.9% LGD 2.09 +1.9% DEC 0.110 +0.0% LCE 0.200 +0.0% NILI 0.515 −1.0% CDE 21.85 +6.7% CAN 0.045 +0.0% LORD 0.100 +0.0% HBM 29.49 +2.3% ELEF 0.265 +120.8% MUN 0.300 +0.0% SAGA 0.400 +6.7%
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Avino Announces Normal Course Issuer Bid for Common Shares

Avino launches share buyback to return excess cash as silver prices stay strong

By The Northwire Desk — AI Analysis Apr 06, 2026 · 07:15 ASM · 9.05 Avino Silver & Gold Mines Ltd.
Executive Summary
  • Avino received TSX approval to launch a Normal Course Issuer Bid (NCIB) to repurchase up to 8,428,566 common shares (~5% of outstanding).
  • Program runs for 12 months starting April 8 2026; daily purchase cap tied to average volume and an automatic share‑purchase plan allows buys during blackout periods.
  • Management cites strong expected free cash flow in 2026 at current silver prices as the funding source and states the buyback will align market price with intrinsic value.
Material Impact
  • The NCIB is a capital‑return initiative, not a new project or discovery; it uses excess cash already highlighted in the March 10 earnings release (record $102 M cash).
  • While repurchasing up to ~5% of shares could reduce share count and boost EPS, the size of the program is modest relative to Avino’s market cap (~$1.5 B) and mirrors routine capital‑allocation actions taken by peers with strong balance sheets.
  • No new material information (e.g., resource upgrade, major acquisition) is introduced; therefore the news is incremental rather than game‑changing.
ASM · Price
Company Overview
  • Avino Silver & Gold Mines Ltd. (TSX/NYSE American: ASM) is a mid‑tier precious‑metals miner operating in Durango, Mexico.
  • Flagship assets:
  • Avino Mine – underground silver‑gold‑copper operation; produced ~1.16 Moz Ag, 7.6 koz Au and 5.67 Mlb Cu in FY 2025.
  • La Preciosa Project – high‑grade silver‑gold vein system; recent drilling returned grades up to >3,200 g/t Ag over sub‑meter widths; development material processed at ~200 t/d in 2025 with a target of 500 t/d.
  • The company shifted back to primary silver production in Q4 2025, with silver representing ~54% of quarterly revenue.
Read the original news release →

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Production / Operations Aug 12, 2026 · 07:00

Avino reports declining silver output and rising costs, with high prices masking underlying operational deterioration at its mining operations.

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Production / Operations May 13, 2026 · 17:15

Avino’s cash hoard swells to $138 million as silver price bonanza delivers record profit, but production dips underscore the rally is not yet built on volume.

Earnings