Avino Silver & Gold: Roth Capital Raises PT to $3.6 from $3.5, Maintains Neutral Rating

Avino Silver & Gold: Roth Capital Raises PT to $3.6 from $3.5, Maintains Neutral Rating

Avino Silver & Gold Mines Ltd. (ASM) has seen its stock price target raised by Roth Capital, moving from $3.5 to $3.6 per share. The investment firm maintains a Neutral rating on the stock, indicating cautious optimism. This update comes amidst strong financial performance reported by Avino for the second quarter of 2025.

Avino's Q2 2025 earnings report revealed a significant earnings per share (EPS) beat, with actual EPS of $0.06 compared to the analyst estimate of $0.04. Revenue for the quarter reached $21.8 million, a 47% increase year-over-year, primarily driven by higher metal prices and consistent production. The company also reported a net income of $2.9 million, up from $1.2 million in the same period last year [1].

The company's operational efficiency has shown marked improvement, with gross profit margins increasing to 45% from 32% in the previous quarter. This was achieved through economies of scale and higher tonnes milled. Additionally, Avino's cash position has strengthened to $37.3 million, up $10 million from the previous quarter, indicating robust financial health [1].

Roth Capital's decision to raise the price target reflects the company's positive performance and strong operational metrics. Despite the recent increase, the stock remains trading above its fair value, according to InvestingPro analysis. This suggests that the market has a positive outlook on Avino's future prospects [1].

Avino's stock has been on a bullish run, reaching new 52-week highs multiple times this year, including a peak of $3.31 in June 2025. The company's inclusion in global mining indices, such as the S&P/TSX Global Mining Index and the Solactive Global Silver Miners Index, has also contributed to its growing liquidity and institutional ownership [1][2].

While the Neutral rating indicates a cautious approach, the recent financial performance and operational efficiency of Avino Silver & Gold Mines Ltd. suggest that the company is well-positioned to continue delivering value to shareholders.

References:
[1] https://www.investing.com/equities/avino-silver---gold-mines-ltd
[2] https://www.morningstar.com/news/accesswire/1060652msn/avino-announces-q2-2025-financial-results