Canada's Avino Q2 revenue rises on higher silver prices
ASM•Outlook
- Company says growth plan toward becoming a mid-tier primary silver producer remains on track
- Avino expects ongoing extraction and processing at La Preciosa to continue above plan
- Company says 2026 capital expenditures are in line with budget, focused on La Preciosa development
Overview
- Canada silver miner's Q2 revenue rose 23% yr/yr
- Adjusted EPS for Q2 was unchanged yr/yr at $0.06
- Company approved up to 8.4 mln share buyback program
Key Details
| Metric | Beat/Miss | Actual | Consensus Estimate |
|---|---|---|---|
| Q2 Revenue | Miss | $26.79 mln | $43.82 mln (1 Analyst) |
| Q2 Adjusted EPS | Miss | $0.06 | $0.13 (1 Analyst) |
| Q2 EPS | $0.06 | ||
| Q2 Adjusted Net Income | Miss | $11.13 mln | $20.95 mln (1 Analyst) |
Analyst coverage:
- The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"
- The average consensus recommendation for the diversified mining peer group is "buy"
- Wall Street's median 12-month price target for Avino Silver & Gold Mines Ltd is C$14.47, about 41.5% above its August 11 closing price of C$10.23
