Avino Silver & Gold Mines reported a 5% increase in silver equivalent production in Q2 2025, reaching 645,602 ounces. The company achieved a record mill throughput of 190,987 tonnes, a 36% YoY increase. Despite a slight 3% decline in silver production, gold and copper production increased by 17% and 12%, respectively. Avino maintains a strong cash position with $37 million on hand and remains debt-free, positioning it well to meet its annual guidance of 2.5 to 2.8 million silver equivalent ounces.
Avino Silver & Gold Mines Ltd. (ASM) reported a 5% increase in silver equivalent production in the second quarter of 2025, reaching 645,602 ounces. The company achieved a record mill throughput of 190,987 tonnes, a 36% year-over-year (YoY) increase. Despite a slight 3% decline in silver production, gold and copper production increased by 17% and 12%, respectively. Avino maintains a strong cash position with $37 million on hand and remains debt-free, positioning it well to meet its annual guidance of 2.5 to 2.8 million silver equivalent ounces [1].
The company's Q2 2025 production figures were driven by record quarterly mill throughput, which was achieved through upgrades and automation enhancements. The increased throughput was partially offset by lower feed grades in all three metals (silver, gold, and copper). The company's gold production increased by 17% to 1,774 ounces, while copper production rose by 12% to 1.46 million pounds [1].
Avino Silver & Gold Mines also announced that it has started drilling at the Avino Mine in April 2025 with a plan for nine holes to test the vein extension at depth. The company deployed a second drill at La Preciosa to confirm prior results. The data gathered will be used for underground mine planning [2].
The company's Zacks Consensus Estimate for the second-quarter revenues is pegged at $18.3 million, indicating a year-over-year increase of 23.7%, reflecting higher production and increased gold and silver prices. The estimate for quarterly earnings is pegged at 3 cents per share, indicating no change from the prior year’s reported number [1].
Avino Silver & Gold Mines' shares have skyrocketed 243.7% over the past year compared to the industry’s 15.9% growth. The company currently sports a Zacks Rank #1 (Strong Buy) [1].
References:
[1] https://www.nasdaq.com/articles/avino-silver-q2-silver-equivalent-production-increases-5-y-y
[2] https://avino.com/news/2025/avino-marks-another-quarter-of-strong-production-results-announces-date-of-q2-earnings-call/
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