
ASM Stock Forecast & Price Target
ASM Analyst Ratings
Bulls say
Avino Silver & Gold Mines Ltd experienced a significant 51% year-over-year increase in revenue, primarily driven by higher realized prices for gold and silver, with gold averaging $2,487 per ounce and silver at $29.21 per pound. The company also reported impressive operational metrics, achieving record-high milling performance and a notable increase in silver production to 1.1 million ounces and copper production to 6.2 million pounds, alongside a robust mill feed grade improvement. Additionally, ASM's effective cost management and the ability to meet annual production guidance suggest a strong foundation for future financial performance, especially with ongoing strengths in commodity pricing.
Bears say
Avino Silver & Gold Mines Ltd's financial outlook appears negative due to the conservative nature of its discounted cash flow (DCF) estimate, which currently does not include potential production ounces from its La Preciosa project. This exclusion signals a potential underestimation of future revenue generation capabilities, highlighting uncertainty in asset valuation. Furthermore, the company's reliance on copper sales as the primary income source increases vulnerability to fluctuations in copper market prices, which may adversely impact overall financial performance.
This aggregate rating is based on analysts' research of Avino Silver & Gold Mines and is not a guaranteed prediction by Public.com or investment advice.
ASM Analyst Forecast & Price Prediction
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