- Avino Silver and Gold Mines Ltd. (AMEX:ASM) reported a 13% decrease in silver equivalent ounces produced in Q3 2025 compared to the previous year.
- The company saw a 21% increase in mill throughput due to operational upgrades and automation enhancements.
- Avino’s financial position remains strong with approximately $55 million in cash and a low long-term debt of $274,000.
Avino Silver and Gold Mines Ltd. (AMEX:ASM) is a mining company focused on silver, gold, and copper production. The company operates primarily in Mexico, with its flagship project being the Avino mine. Avino competes with other mining companies in the region, striving to maintain efficient operations and sustainable practices. The company recently reported its Q3 2025 results, showcasing its ongoing efforts and achievements.
In Q3 2025, Avino produced 580,780 silver equivalent ounces, marking a 13% decrease from the previous year. This decline is attributed to lower feed grades in silver, gold, and copper. Despite this, the company achieved a 21% increase in mill throughput, reaching 188,757 tonnes, due to operational upgrades and automation enhancements. This improvement highlights Avino’s commitment to optimizing its production processes.
Gold production saw a notable increase of 19%, reaching 1,935 ounces, thanks to enhanced processing and recovery rates. However, silver and copper production experienced declines of 7% and 26%, respectively, due to lower feed grades. Improved mill availability helped mitigate these declines, demonstrating Avino’s ability to adapt to changing conditions and maintain operational efficiency.
Avino’s financial position remains robust, with approximately $55 million in cash as of September 30, 2025. The company has total assets of $174.68 million and total liabilities of $29.91 million, resulting in a strong stockholders’ equity of $144.77 million. With low long-term debt of $274,000, Avino is well-positioned to continue its exploration and development activities, including the advancement of the La Preciosa project.
H.C. Wainwright recently maintained its “Buy” rating for ASM, with a stock price of $5.54 at the time of the announcement. The firm raised its price target for Avino to $6.10 from $4.80, as highlighted by TheFly. This positive outlook reflects confidence in Avino’s operational excellence and future growth potential, supported by its strong balance sheet and ongoing exploration efforts.
