Avino Silver & Gold Mines (usa) Stock Earnings Reports

Avino reported a strong start to 2026 with record Q1 results driven by higher realized metal prices and operational contributions from both Avino and La Preciosa. Key financials: record revenue of $39.4M, net income of $15.9M ($0.09/share), adjusted earnings $24.3M ($0.14/share), cash of $139M and working capital of $140M. Operational highlights: consolidated production of ~568,000 silver equivalent ounces, 185,000 tonnes milled (11% YoY increase), La Preciosa processed >14,000 tonnes with improving grades and ongoing development, and mill throughput exceeded expectations. Avino announced an inaugural proven & probable reserve of 27 Mt representing 127 million silver-equivalent ounces and expanded measured & indicated resources; they launched a 30,000 m company-wide drill program (15,000 m each at Avino and La Preciosa) and plan to add a fifth drill at La Preciosa. Cost commentary: Q1 cash cost per payable AgEq oz was $24.46 (inflated by development material and metal price effects), and normalized to management's guidance ($19–$21/oz) when using budget prices. Targets and growth: goal to ramp La Preciosa to ~500 tpd and to scale production toward a mid‑tier profile (management defines mid‑tier as ~8–10 million AgEq oz/year over time). Balance sheet and corporate: no secured debt (other than equipment leases), active institutional buying and ETF inclusion, continued community and ESG focus. Risks: standard mining and forward-looking statement cautions; Q1 costs impacted by processing development material and silver-price volatility affecting AgEq conversions.