Avino Silver Appoints Broughton as Board Member While Shares Dip 2.54%

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Avino Silver & Gold Mines Ltd. appointed Linda Broughton to its board of directors, strengthening its governance team. On February 5, its shares closed at US$10.38, down 2.54% from the previous session.

1. Avino Strengthens Board with Appointment of Linda Broughton

On February 5, 2026, Avino Silver & Gold Mines Ltd. announced the addition of industry veteran Linda Broughton to its board of directors. Ms. Broughton brings over 25 years of experience in mining finance and corporate governance, having previously held executive roles at two mid-tier precious metals producers. Her appointment expands Avino’s board to six members and bolsters its expertise in capital markets strategy and project financing, key areas as the company advances development at its flagship Avino Mine in Durango, Mexico.

2. Shares Underperform Broader Metals & Mining Index

In the most recent trading session, Avino shares declined by approximately 2.5%, while the S&P/TSX Global Base Metals Index posted a modest advance of nearly 0.4%. This relative underperformance marks the third single-day dip for the stock in the past month, contrasting with a ten-session winning streak delivered by the broader metals and mining sector. Trading volume on the Toronto exchange reached roughly 600,000 shares, 20% above the 30-day daily average, signaling heavier-than-normal selling pressure among institutional holders.

3. Zacks Ranks ASM Among Top Silver Picks for 2026

Analyst firm Zacks highlighted Avino as one of four silver mining stocks best positioned to benefit from an anticipated 6% compound annual growth rate in global silver demand over the next five years. Alongside First Majestic Silver Corp., Hecla Mining Co., and B2Gold Corp., Avino was selected for its low all-in sustaining cost of production—reported at US$14.20 per ounce in Q4—and its near-term pipeline of reserve upgrades. Zacks projects a potential upside of 15% to 20% for these names based on consensus earnings revisions and rising industrial usage in renewable energy and electronics.

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