The latest announcement is out from Avino Silver & Gold ( (TSE:ASM) ).
Avino Silver & Gold Mines Ltd. reported record financial performance for 2024, with significant improvements across key financial metrics. The company achieved record revenues of $66.1 million, driven by increased production and higher metal prices, and a record cash balance of $27.3 million, positioning it for future growth. The Avino Mine’s operations resulted in record cash flow generation and earnings, with notable reductions in operating costs per ounce, enhancing margins and strengthening the company’s debt-free balance sheet. Avino’s strategic focus remains on disciplined growth and maximizing shareholder value.
More about Avino Silver & Gold
Avino Silver & Gold Mines Ltd. is a long-standing silver producer based in Mexico. The company focuses on the production of silver and gold, operating primarily from the Avino Mine. Avino is listed on the TSX, NYSE American, and FSE, and is committed to organic growth and delivering value to its shareholders.
YTD Price Performance: 34.02%
Average Trading Volume: 1,450,559
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $183.1M
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