Northwire Canada EditionSunday, July 12, 2026
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GLDN 0.055 +0.0% BRON 0.040 +0.0% BTO 5.43 −0.7% ESK 0.365 −2.7% AUMN 0.275 +0.0% GGX 0.040 +0.0% S 0.155 +29.2% NNX 0.035 +0.0% ABX 51.90 −0.6% TTS 2.40 −4.0% FCI 0.400 −9.1% GR 0.075 +0.0% AII 23.38 +12.4% TUNG 1.72 +1.8% LGO 1.01 −2.9% EMM 0.080 +0.0% GLDN 0.055 +0.0% BRON 0.040 +0.0% BTO 5.43 −0.7% ESK 0.365 −2.7% AUMN 0.275 +0.0% GGX 0.040 +0.0% S 0.155 +29.2% NNX 0.035 +0.0% ABX 51.90 −0.6% TTS 2.40 −4.0% FCI 0.400 −9.1% GR 0.075 +0.0% AII 23.38 +12.4% TUNG 1.72 +1.8% LGO 1.01 −2.9% EMM 0.080 +0.0%
Earnings Material +

Avino Reports Exceptional 2025 Results and Advances Multi-Asset Growth Strategy; Significant Improvements Across Key Financial Metrics; Treasury Reaches Record Levels

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

By The Northwire Desk — AI Analysis Mar 10, 2026 · 17:15 ASM · 11.14 Avino Silver & Gold Mines Ltd.
Executive Summary

The most recent news (March 10, 2026) reports record-breaking financial results for Q4 and the full year 2025. Key highlights include record quarterly revenue of $30.5M (up 25% YoY) and record net income of $10.5M ($0.06/share). The company’s treasury reached an all-time high of $102M as of December 31, 2025, a significant jump from $27.3M at the end of 2024. Operationally, the company successfully met its 2025 production guidance, producing 2.6M silver equivalent (AgEq) ounces. Crucially, the La Preciosa project has transitioned from development to production, contributing its first material to the mill in Q4 2025, ahead of original expectations.

Material Impact

The impact is Material - Positive. The company has successfully navigated the high-risk transition from a single-asset producer to a multi-asset producer. - Financial Strength: A $102M cash balance provides a massive buffer for the planned $20M-$26M 2026 capital budget without requiring immediate dilutive financing. - Operational De-risking: Bringing La Preciosa online in less than eight months from the first blast demonstrates high execution capability. - Cost Profile: While AISC per AgEq ounce rose to $31.59 in Q4 2025 (largely due to development costs and metal price ratios), the 2026 guidance forecasts a significant drop to $25-$27/oz as economies of scale from La Preciosa take effect. - Resource Growth: Recent drilling at La Preciosa (e.g., 1,638 g/t Ag over 7.9m) significantly exceeds current resource grades, suggesting future reserve updates will be highly accretive.

ASM · Price
Company Overview

Avino Silver & Gold Mines operates the Avino Mine and is developing the La Preciosa project, both located in Durango, Mexico. - Flagship Project: The Avino Mine has a long history of production. However, the new growth engine is La Preciosa, acquired from Coeur Mining and now 100% owned after Avino bought out the royalties from Deterra Royalties in August 2025. - Infrastructure: The company owns a 2,500 tpd processing facility with four independent circuits, allowing for flexible processing of different ore types from multiple sources.

Read the original news release →

More from Avino Silver & Gold Mines Ltd.

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 Apr 23, 2026 · 07:15

Avino Silver Production Ramps Up; La Preciosa Reserves Validate Mid-Tier Ambitions

Production / Operations Apr 16, 2026 · 07:15

Avino Reserves Anchor Growth as Cash Pile Funds Buybacks

Resource Estimate Apr 06, 2026 · 07:15

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

Other Feb 19, 2026 · 07:15

Avino Solidifies Multi-Asset Status as La Preciosa Integration Faces High-Cost Guidance Hurdles

Production / Operations Jan 26, 2026 · 07:15

Avino's High-Grade Drilling Fuels La Preciosa Optimization as Stock Tests All-Time Highs

Drill Results