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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%
Production / Operations Routine +

Avino Announces Q1 2026 Production Results

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

By The Northwire Desk — AI Analysis Apr 23, 2026 · 07:15 ASM · 10.0 Avino Silver & Gold Mines Ltd.
Executive Summary
  • Q1 2026 Production Results: Reported 568,112 silver equivalent (AgEq) ounces for Q1 2026.
  • Operational Performance: Mill throughput increased 11% year-over-year to 185,497 dry tonnes.
  • La Preciosa Contribution: The project contributed 49,830 silver ounces in the quarter, demonstrating early-stage production capability.
  • Grade Trends: Feed grade silver decreased 4% vs Q1 2025 (56 g/t), gold decreased 24% (0.42 g/t), but copper increased 6%.
  • Management Commentary: CEO David Wolfin cited elevated metal prices and expects revenues to significantly outperform the budget due to operational performance and price levels.
  • Upcoming Catalysts: Q1 2026 financial statements scheduled for May 13, 2026; conference call on May 14, 2026.
Material Impact
  • Validation of Strategy: The production results confirm the feasibility of the inaugural mineral reserves announced on April 16, 2026 (127 million AgEq oz).
  • Execution vs. Expectations: While positive, the news is largely consistent with the guidance provided in February 2026 (2.4-2.7M AgEq annualized) and does not introduce unexpected upside that would fundamentally alter valuation models.
  • Market Pricing: The stock price has already reacted significantly to previous milestones (Reserve announcement, Financial Results), peaking at $15.26 in January 2026. Current production news is incremental confirmation rather than a transformative event.
  • Cost Profile: Feed grade declines in silver and gold are noted but offset by throughput increases; the royalty buyback on La Preciosa (completed Aug 2025) should continue to support margin expansion, though specific Q1 cost metrics were not detailed in this release.
ASM · Price
Company Overview
  • Company Profile: Avino Silver & Gold Mines Ltd. is a Mexican-focused mining company transitioning from a junior to a mid-tier primary silver producer.
  • Flagship Project: The Avino Mine (primary asset) combined with the La Preciosa project (development stage).
  • Asset Base: Three assets consolidated under inaugural mineral reserves: Avino Mine, La Preciosa, and Oxide Tailings.
  • Production Mix: Returning to primary silver producer status; silver represented 54% of Q4 2025 revenue.
  • Location: All operations located in Durango, Mexico with a 100% Mexican workforce.
Read the original news release →

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