Canada's Avino Q3 revenue rises 59% on higher silver prices
ASM•ASM•ASM•ASM•Avino's third-quarter revenue rose 59% year over year, while adjusted EPS increased 14% to $0.08 and missed the $0.13 consensus estimate. The company lowered its 2026 silver equivalent production guidance and raised its cash cost and all-in sustaining cost guidance.
Avino's third-quarter revenue rose 59% year over year, driven by higher silver prices and production. Average realized silver prices increased 66%, and silver production rose 15%. Adjusted EPS rose 14% year over year to $0.08, below the $0.13 consensus estimate; EPS was $0.03.
Avino lowered its 2026 silver equivalent production guidance to 2.2 million to 2.5 million ounces from 2.4 million to 2.7 million ounces. It raised cash cost guidance to $22 to $24 per ounce from $19 to $21, and all-in sustaining cost guidance to $30 to $32 per ounce from $25 to $27, citing processing lower-grade development ore at La Preciosa. The company also repurchased more than 1 million shares under its normal course issuer bid.
