Avino Silver & Gold Mines (ASM, Financial) reported notable production gains in the first quarter of 2025, with silver equivalent output reaching 678,458 ounces. This figure marks an 8% rise compared to the same period in 2024. The boost in overall production was attributed to enhanced grades across all metals, although it was tempered by a slight decline in mill throughput.
The period saw significant advancements in individual metal outputs. Gold production surged by 25% to 2,225 ounces, primarily due to a 17% enhancement in feed grade and a marked improvement in recovery rates, which climbed to 75% from the previous year's 70%.
Copper output for Q1 2025 saw a robust 19% increase, producing 1.6 million pounds. This growth was driven by a better copper feed grade, registering a 17% gain, and an improvement in recovery rates which rose to 87% from 84% recorded in the first quarter of 2024.
Silver production alone reached 265,681 ounces, marking a 6% increase compared to Q1 2024. This rise was largely fueled by a 10% improvement in feed grade, despite a minor decline in silver recoveries. Overall, Avino Silver & Gold Mines has demonstrated strong performance in Q1 2025, showcasing the effectiveness of improved metal grades and recovery processes.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 4 analysts, the average target price for Avino Silver & Gold Mines Ltd (ASM, Financial) is $2.34 with a high estimate of $2.75 and a low estimate of $2.00. The average target implies an upside of 19.26% from the current price of $1.96. More detailed estimate data can be found on the Avino Silver & Gold Mines Ltd (ASM) Forecast page.
Based on the consensus recommendation from 4 brokerage firms, Avino Silver & Gold Mines Ltd's (ASM, Financial) average brokerage recommendation is currently 2.0, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Avino Silver & Gold Mines Ltd (ASM, Financial) in one year is $1.21, suggesting a downside of 38.27% from the current price of $1.96. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Avino Silver & Gold Mines Ltd (ASM) Summary page.
