What Avino Silver & Gold Mines (ASM) Said on Its Q3 Earnings Call

Impact · against what's priced in

Avino Silver & Gold Mines is positioned for margin expansion as La Preciosa transitions to higher-grade production mining in the coming quarter. While development cost overruns are a headwind, the revised production guidance and established cost baselines provide a clearer path to revenue growth.

ASM+0.40

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In context

The transition to production-style mining at La Preciosa in the next quarter is expected to yield higher-grade material than the current development ore. Revised full-year production guidance of 2.2M to 2.5M silver equivalent ounces provides a concrete revenue target, though 30% budget overruns in development costs partially offset these gains.

• cash flow▲8%
• earnings▲7%
• ASM
• copper
• gold
• mexico
• mining
• production guidance