Avino Silver & Gold Mines management commentary cites higher metal prices driving YTD 2026 net income growth
ASM•Avino Silver & Gold Mines reported Q3 2026 net income fell 21% to $6.1 million, while revenue rose 59% to $33.39 million. Mine operating income increased 50% to $14.83 million.
1. Quarterly results
Avino Silver & Gold Mines reported Q3 2026 net income of $6.1 million, down 21%. Higher income taxes weighed on earnings, and long-term investment losses replaced a gain a year earlier.
2. Revenue and costs
Revenue rose 59% to $33.39 million as higher realized metal prices offset lower payable silver-equivalent ounces sold. Cost of sales increased to $18.55 million, driven by higher depreciation, expanded La Preciosa operations and a stronger Mexican peso. Mine operating income rose 50% to $14.83 million, supported by higher metal prices and favorable provisional pricing adjustments.
