$ASM.TO

Earnings Flash (ASM.TO) Avino Posts Q1 Adjusted EPS US$0.14 per Share, Up 100% YoY

Earnings Flash (ASM.TO) Avino Silver & Gold Mines Reports Q1 Revenue US$39.4M, Up 109% YoY

Avino Silver & Gold Mines' Q1 Silver Equivalent Production Drop 10% YoY

Avino Silver & Gold Mines' (ASM.TO) silver equivalent production fell 10% year over year in the first quarter, the company said Thursday.Avino produced 568,112 silver equivalent ounces in three months ended March 31, dropping from 631,249 silver equivalent ounces produced in the same period a year ago.Silver production inched down 1% year over year to 263,057 ounces, gold production dropped 17% to 1,851 ounces, and copper production sank 16% to 1.3 million pounds.The production decline reflects planned mining sequencing into lower-grade areas, which has been planned for the first quarter, the company said."With elevated silver prices, we expect revenues to significantly outperform our budget, reflecting both strong metal prices and operational performance," President and Chief Executive Officer David Wolfin said.

Avino Silver and Gold Announcing Q1 2026 Production Results

Avino Silver & Gold Mines Announcing Inaugural Consolidated Mineral Reserves

Avino Silver & Gold Mines (ASM.TO) said Thursday that it has completed an inaugural consolidated reserves estimate covering its La Preciosa and Avino mines in Mexico.Including the unchanged reserves at the oxide tailings deposit, the estimate increased the company's total proven and probable reserves to 27 million tonnes containing 95 million ounces of silver grading 109 grams per tonne silver (g/t), 356,000 ounces of gold at 0.41 g/t grade, and 85 million pounds of copper grading 0.31% copper.Avino said 42% of mineral resources were converted to mineral reserves on a silver equivalent basis, representing decades of mine life at current mill throughput levels.Measured and indicated resources across the three assets totaled 68 million tonnes containing 207 million ounces of silver grading 93 g/t silver, 413,000 ounces of gold grading 0.32 g/t gold, and 243 million pounds of copper grading 0.16% copper.total measured and indicated resources increased 9% compared to the previous estimate."For the first time, we have defined reserves that demonstrate the underlying quality, scale, and economic potential of our asset base, further advancing the company toward a multi-asset, mid-tier producer," President and Chief Executive Officer David Wolfin said.Shares in Avino were down 1% in Canada yesterday.

Avino Silver and Gold Mines Announcing Inaugural Consolidated Mineral Reserves