Avino Silver (ASM) vs Gold Resource Corporation (GORO)

Avino Silver and Gold Resource Corporation are both Other Precious Metals & Mining companies. Avino Silver is the larger, with a market value of $1.0B against $477.5M — 2.2× the size. Avino Silver trades at the lower P/E: 21.2× against 70.0×. Gold Resource Corporation grew revenue faster over the last twelve months: 121.2% against 47.9%. Avino Silver has the higher net margin (38.2% vs 5.02%) and the lower return on invested capital (21.8% vs 130.7%). Across the 21 metrics below, Avino Silver leads on 13 and Gold Resource Corporation on 8.

Valuation

Metric ASM GORO Other Precious Metals & Mining median
P/E 21.21 70.00 18.01
P/S 8.57 4.31 7.00
P/B 3.57 11.61 2.46
Price to free cash flow 58.81 58.16 58.16
EV/EBITDA 15.38 10.72 12.47
EV/Sales 7.39 4.13 5.74
Earnings yield 4.71% 1.43% 2.75%
Free cash flow yield 1.70% 1.72% 0.51%

Profitability

Metric ASM GORO Other Precious Metals & Mining median
Gross margin 54.44% 35.99% 39.51%
Operating margin 42.31% 28.32% 25.20%
Net margin 38.18% 5.02% 5.02%
Free cash flow margin 14.58% 7.42% 2.55%
Return on equity 21.05% 17.98% 13.37%
Return on assets 18.09% 3.84% 3.84%
Return on invested capital 21.80% 130.68% 5.28%

Growth

Metric ASM GORO Other Precious Metals & Mining median
Revenue growth (TTM) 47.93% 121.21% 54.39%
EPS growth (last fiscal year) 183.33% 91.80% —
Revenue growth, 5-year CAGR 41.91% 1.92% 20.68%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric ASM GORO Other Precious Metals & Mining median
Debt to equity 0.02 0.00 0.00
Current ratio 5.85 3.33 5.20
Net debt to EBITDA (2.50) (0.81) 0.28

Dividend

Metric ASM GORO Other Precious Metals & Mining median
Dividend yield — 12.05% 1.64%
Payout ratio 0.00 4.00 0.00

Size

Metric ASM GORO Other Precious Metals & Mining median
Market cap 1.03b 477.49m 1.03b

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