Avino Silver & Gold Mines Ltd. (ASM) Soars 4.90% on Production Growth, Buyback Program

Avino Silver & Gold (ASM) surged 4.90% today, marking its third consecutive day of gains, with a total increase of 10.69% over the past three days. The share price reached its highest level since August 2011, with an intraday gain of 5.56%.

The strategy of buying ASM shares after they reached a recent high and holding for 1 week resulted in a 19% surge in the last week alone, and a 38% CAGR over 5 years. This indicates that this strategy has been quite successful in capturing the stock's volatility and generating significant returns.

Avino Silver & Gold Mines Ltd. reported a significant increase in production for the first quarter of 2025, with 678,458 silver equivalent ounces produced, an 8% year-over-year increase. This production growth is a positive indicator for the company's financial health and can drive investor confidence, potentially leading to a rise in stock price.

Avino Silver & Gold Mines Ltd. has been actively executing a €150 million share buyback program, which began on April 30, 2025. As of May 19-23, 18.2% of the program has been completed. Share buybacks are often seen as a bullish signal, as they reduce the number of shares outstanding and can increase the value of remaining shares, thereby boosting investor confidence and potentially driving up the stock price.

Analyst sentiment towards Avino Silver & Gold Mines Ltd. has been improving, with the Zacks Consensus Estimate for the company's full-year earnings increasing by 85.7% over the past 90 days. This positive shift in analyst sentiment can influence investor perceptions and contribute to a rise in the stock price.