
ASM Stock Forecast & Price Target
ASM Analyst Ratings
Bulls say
Avino Silver & Gold Mines Ltd reported a robust 44% year-over-year revenue growth, primarily driven by a significant increase in silver prices and a 21% growth in throughput, supported by automation upgrades that enhanced mill availability. Additionally, gold production rose by 19% year-over-year, reaching 1,935 ounces, indicating effective recovery rates and operational efficiencies at the site. The company's extensive land package and successful exploration efforts further strengthen the outlook for continued growth and the generation of significant free cash flow.
Bears say
Avino Silver & Gold Mines Ltd experienced significant declines in production, with silver and copper output decreasing by 7% and 26%, respectively, primarily due to lower grade sections of the mine plan. The negative outlook is further emphasized by concerns over dilution at a price below the company's net asset value per share, combined with a substantial decrease in the expected benefits from recent asset acquisitions compared to their initial costs. Overall, the company's current valuation appears conservative in light of prevailing precious metals prices, yet production challenges and dilution issues may hinder its financial performance moving forward.
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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