
ASM Stock Forecast & Price Target
ASM Analyst Ratings
Bulls say
Avino Silver & Gold Mines Ltd reported a robust 51% year-over-year revenue increase, primarily driven by heightened gold and silver prices, with gold averaging $2,487 per ounce and silver at $29.21 per pound, reflecting significant increases of 27% and 25% respectively. The company's operational performance reached historical highs, evidenced by a 95% year-over-year revenue growth attributed to both higher commodity pricing and increased production, including silver output of 1.1 million ounces and improved copper production of 6.2 million pounds. Additionally, the firm successfully met its annual production guidance, supported by efficient cost management, which positions it favorably for continued operational excellence amidst a strong commodity pricing environment.
Bears say
The financial outlook for Avino Silver & Gold Mines Ltd appears negative due to the conservative nature of the discounted cash flow (DCF) estimates, which do not currently factor in the potential production from the La Preciosa project. Additionally, the company primarily relies on copper sales for its revenue, which may expose it to volatility in commodity prices and market demand. Finally, the exclusion of anticipated production from key projects could result in understated financial projections, leading to an overall pessimistic assessment of future revenue growth.
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
Start investing in ASM
Order type
Buy in
Order amount
Est. shares
0 shares