Avino Announces Q3 2025 Financial Results
Original announcement by tmx on
- Company
- Avino Silver & Gold Mines Ltd.
- Ticker
- ASM
- Exchange
- TSX
- Region
- Mexico
- Primary commodity
- Silver
- Secondary commodities
- Gold, Copper
- Document categories
- Production, Drill results
- Extracted
- 2026-09-17 11:29:46 UTC
Analysis by Minestarters Atlas
Minestarters Atlas analysis
Summary
Avino Silver & Gold Mines reported strong Q3 2025 financial results, including record net income of $7.7 million and a robust cash position of $57.3 million. While gold production rose 19% due to higher throughput and improved recoveries, silver and copper production saw declines driven by lower feed grades. Drill results from the La Preciosa project were highly positive, featuring exceptional silver grades.
Reasoning: Strong financial performance with record net income and cash, despite a slight decline in silver/copper production and rising unit costs due to metal price/grade dynamics.
Positive factors
- Record net income and EBITDA
- Strong cash and working capital position
- Improved gold production and recoveries
- Positive drill results at La Preciosa
Negative factors
- Decrease in silver and copper production
- Increase in cash costs and AISC per silver equivalent ounce
Facts used in scoring: 5
Classification and evidence
Production Increasepositive · Story-specific tag
No canonical definition is currently available.
Why it applies: Gold production increased by 19% compared to Q3 2024.
Evidence · text
“Gold Production Increased 19%”
Production Decreasenegative · Story-specific tag
No canonical definition is currently available.
Why it applies: Silver and copper production decreased compared to Q3 2024.
Evidence · text
“Silver and Copper Production Decreased 7% and 26%”
Bonanza Interceptpositive
Exceptionally high-grade zone, well above the deposit-type norm.
Why it applies: Hole PMLP 25-03 returned 15,352 g/t Ag, which is exceptionally high.
Evidence · text
“15,352 g/t Ag”
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: Assays were processed under standard QA/QC program with no bias detected.
Evidence · text
“Assays were processed under Avino's standard QA/QC program, with no indications of bias or contamination detected.”
Extracted facts
Stored fact records: 2. Some facts used in scoring do not have a stored record.
Drill Results (2)
PMLP 25-03La Preciosa · silverGrade: 15352Grade Unit: g/tIntercept: 0.37 mView all detailsHide details
Identity
- Hole ID
- PMLP 25-03
- Project
- La Preciosa
- Commodity
- silver
- Region
- mexico
- Reported Region
- mexico
- Ticker
- ASM
Geometry
- Grade
- 15352
- Grade Unit
- g/t
- Intercept
- 0.37 m
- True Width
- 0.37 m
Classification
- Sample Type
- drill
QA/QC
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2025-11-06T00:00:00.000Z
Reasoning: Extremely high silver grade over a narrow interval.
Positive factors
- Bonanza grade
Evidence · text
“15,352 g/t Ag over 0.37 metres true width”
Tags used in scoring
True Width Disclosedpositive
Actual thickness perpendicular to structure is stated, not just downhole length.
Why it applies: true_width_m is 0.37
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
PMLP 25-03La Preciosa · goldGrade: 1.55Grade Unit: g/tIntercept: 0.37 mView all detailsHide details
Identity
- Hole ID
- PMLP 25-03
- Project
- La Preciosa
- Commodity
- gold
- Region
- mexico
- Reported Region
- mexico
- Ticker
- ASM
Geometry
- Grade
- 1.55
- Grade Unit
- g/t
- Intercept
- 0.37 m
- True Width
- 0.37 m
Classification
- Sample Type
- drill
QA/QC
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2025-11-06T00:00:00.000Z
Reasoning: Associated gold grade in a high-grade silver intercept.
Evidence · text
“1.55 g/t Au over 0.37 metres true width”
Tags used in scoring
True Width Disclosedpositive
Actual thickness perpendicular to structure is stated, not just downhole length.
Why it applies: true_width_m is 0.37
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
How Atlas produces this analysis
Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.