Saturday 17 October 2026
Export ASM’s income statement to Excel — free account
Avino Silver
ASM Basic Materials Other Precious Metals & Mining
Avino Silver’s revenue for fiscal 2025 (year ended December 2025) was $92.2 million, up 39.4% from fiscal 2024. In the quarter to June 2026, revenue grew 22.9%, EPS grew 200.0%, free cash flow grew 106.4% and total debt rose 106.7%, each against the same quarter a year earlier.
5.34
0.15
+2.89%
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Target Price Range
Analyst price targets
Free accountTen years at a glance Fiscal years to December
| Group | Line | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Trend | 2026e | 2027e | 2028e |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Price, $ | |||||||||||||||
| Price, $ | Low | 0.71 | 1.14 | 0.50 | 0.39 | 0.26 | 0.76 | 0.48 | 0.40 | 0.44 | 0.88 |
Analyst estimates 2026–2028 Powerpack |
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| High | 3.14 | 2.13 | 1.61 | 0.81 | 1.49 | 2.82 | 1.06 | 1.01 | 1.56 | 6.98 | |||||
| People | |||||||||||||||
| People | Employees | 502 | 510 | 489 | 350 | 30 | 30 | 239 | 255 | 253 | 294 | ||||
| Revenue/emp, $m | 0.06 | 0.07 | 0.07 | 0.09 | 0.53 | 0.37 | 0.18 | 0.17 | 0.26 | 0.31 | |||||
| Income, $m | |||||||||||||||
| Income, $m | Revenue | 30 | 33 | 34 | 32 | 16 | 11 | 44 | 44 | 66 | 92 | ||||
| Gross margin, % | 36.35 | 33.73 | 18.37 | (0.85) | 1.19 | 31.59 | 34.09 | 17.82 | 35.06 | 52.63 | |||||
| EBT | 6 | 5 | 2 | (3) | (9) | (2) | 8 | (1) | 14 | 40 | |||||
| EBT margin, % | 18.83 | 15.87 | 6.05 | (9.35) | (55.49) | (14.41) | 17.38 | (1.16) | 21.79 | 43.26 | |||||
| Net income | 2 | 3 | 2 | (31) | (8) | (2) | 3 | 1 | 8 | 27 | |||||
| Depreciation | 1 | 3 | 3 | 4 | 2 | 2 | 2 | 3 | 3 | 4 | |||||
| Per share, $ | |||||||||||||||
| Per share, $ | Revenue | 0.71 | 0.64 | 0.60 | 0.45 | 0.19 | 0.11 | 0.39 | 0.36 | 0.49 | 0.62 | ||||
| Earnings | 0.04 | 0.05 | 0.03 | (0.45) | (0.09) | (0.02) | 0.03 | 0.00 | 0.06 | 0.18 | |||||
| Cash flow | 0.09 | (0.04) | 0.16 | 0.08 | 0.00 | 0.00 | 0.10 | 0.01 | 0.17 | 0.19 | |||||
| Capex | (0.17) | (0.23) | (0.26) | (0.13) | (0.03) | (0.03) | (0.08) | (0.07) | (0.05) | (0.18) | |||||
| Free cash flow | (0.09) | (0.27) | (0.10) | (0.05) | (0.03) | (0.03) | 0.03 | (0.06) | 0.12 | 0.00 | |||||
| Book value | 1.44 | 1.31 | 1.32 | 0.77 | 0.71 | 0.78 | 0.86 | 0.87 | 0.93 | 1.58 | |||||
| Shares, m | 43 | 53 | 57 | 70 | 83 | 100 | 114 | 121 | 135 | 148 | |||||
| Valuation, × | |||||||||||||||
| Valuation, × | P/E | 45.98 | 28.88 | 19.81 | 0.00 | 0.00 | 0.00 | 27.10 | 106.12 | 13.62 | 34.50 | ||||
| P/S | 2.03 | 2.28 | 1.02 | 1.28 | 6.75 | 6.82 | 1.84 | 1.44 | 1.79 | 9.95 | |||||
| P/B | 0.99 | 1.10 | 0.46 | 0.75 | 1.83 | 1.10 | 0.83 | 0.59 | 0.94 | 3.92 | |||||
| EV/Sales | 1.73 | 2.48 | 1.18 | 1.18 | 6.20 | 4.94 | 1.62 | 1.42 | 1.39 | 8.87 | |||||
| EV/FCF | (14.21) | (5.80) | (7.23) | (10.76) | (45.69) | (20.16) | 25.03 | (8.83) | 5.57 | 1,492.15 | |||||
| Cash, $m | |||||||||||||||
| Cash, $m | Operating cash flow | 4 | (2) | 9 | 6 | 0 | 0 | 12 | 1 | 23 | 27 | ||||
| Capex | (7) | (12) | (15) | (9) | (2) | (3) | (9) | (9) | (7) | (27) | |||||
| Free cash flow | (4) | (14) | (6) | (3) | (2) | (3) | 3 | (7) | 17 | 1 | |||||
| Balance, $m | |||||||||||||||
| Balance, $m | Working capital | 23 | 16 | 13 | 13 | 15 | 32 | 9 | 10 | 25 | 100 | ||||
| Total debt | 13 | 11 | 9 | 7 | 3 | 1 | 2 | 2 | 1 | 3 | |||||
| Net debt | (9) | 7 | 5 | (3) | (9) | (24) | (10) | (1) | (26) | (100) | |||||
| Shareholders’ equity | 61 | 69 | 75 | 54 | 59 | 79 | 98 | 106 | 125 | 234 | |||||
| Returns, % | |||||||||||||||
| Returns, % | ROA | 1.85 | 2.57 | 1.54 | (34.73) | (10.83) | (2.65) | 2.98 | 0.43 | 5.85 | 12.46 | ||||
| ROIC | 7.06 | 4.89 | 1.57 | (5.40) | (5.69) | (1.70) | 5.57 | (0.04) | 9.41 | 16.80 | |||||
| ROE | 2.94 | 3.87 | 2.26 | (48.74) | (13.55) | (2.99) | 3.51 | 0.53 | 7.00 | 14.83 | |||||
Negative figures in brackets.
Fiscal years to Dec 2025 · latest quarter Jun 2026
Charts ten years each
Avino Silver vs peers in Other Precious Metals & Mining (Q) = latest quarter vs a year earlier
| Company | Market cap | P/E | Fwd P/E | Revenue growth (Q) | EPS growth (Q) | FCF growth (Q) | Gross margin (Q) | EBIT margin (Q) | Compare |
|---|---|---|---|---|---|---|---|---|---|
| PPTA Perpetua Resources Corp. | $2.3B | — (loss-making) | — | — | n/m | −1,165.90% (below 0%: shrinking) | 0.00% | 0.00% | Compare |
| SLSR Solaris Resources Inc. | $1.1B | — (loss-making) | — | — | n/m | −51.52% (below 0%: shrinking) | — | 0.00% | Compare |
| MUX McEwen Inc. | $994.6M | 11.9× | 13.5× | +26.84% (above 0%: growing) | +166.67% (above 0%: growing) | +328.14% (above 0%: growing) | 33.90% | 13.01% | Compare |
| ASM Avino Silver | $881.5M | 19.1× | 15.6× | +22.85% (above 0%: growing) | +200.00% (above 0%: growing) | +106.43% (above 0%: growing) | 48.42% | 34.22% | |
| MTA Metalla Royalty & Streaming Ltd. | $757.4M | — (loss-making) | 79.7× | +93.84% (above 0%: growing) | n/m | +75.32% (above 0%: growing) | 91.00% | 44.37% | Compare |
| GORO Gold Resource Corporation | $526.7M | 57.9× | — (loss-making) | +87.98% (above 0%: growing) | n/m | +55.36% (above 0%: growing) | 29.51% | 8.50% | Compare |
| ITRG Integra Resources Corp. | $488.9M | 60.8× | — | +15.92% (above 0%: growing) | 0.00% | +154.33% (above 0%: growing) | 33.01% | 20.06% | Compare |
| VOXR Vox Royalty Corp. | $346.1M | 7.2× | 12.3× | +122.56% (above 0%: growing) | n/m | +146.39% (above 0%: growing) | 66.34% | 123.61% | Compare |
| LODE Comstock Inc. | $143.6M | — (loss-making) | — (loss-making) | −19.65% (below 0%: shrinking) | n/m | −73.98% (below 0%: shrinking) | (328.48%) | (9,873.68%) | Compare |
| Median of peers | $642.0M | 34.9× | 13.5× | +57.41% | — | +65.34% | 33.01% | 10.76% |
Avino Silver (ASM) key facts
- Strength: Avino Silver’s revenue for fiscal 2025 (year ended December 2025) was $92.2 million, up 39.4% from fiscal 2024.
- Avino Silver (ASM) is an Other Precious Metals & Mining company in the Basic Materials sector, listed on NYSE American.
- As of October 16, 2026, ASM traded at $5.34, a market capitalization of $881.5 million.
- Return on equity was 14.8% and debt-to-equity 0.02.
- Its Piotroski F-score is 6 out of 9 and its Altman Z-score is 13.33 (safe zone) for fiscal 2025.