Avino Silver & Gold Mines Reports Q2 2026 Earnings with Strong Revenue Growth and Share Repurchases
Avino Silver & Gold Mines (ASM) reported second-quarter earnings for 2026, showing a significant increase in revenue to $26.8 million, up 23% year-over-year due largely to higher realized silver prices. Net income rose sharply from $2.9 million in Q2 2025 to $10.9 million or $0.06 per diluted share this quarter. Despite a decline in silver production by 6%, gold output increased by 23%. Copper production dropped significantly, down 50% year-over-year due to the mining of lower-grade areas. The company's all-in sustaining cost (AISC) rose from $20.93 per ounce in Q2 2025 to $38.75 this quarter. Avino also reported a strong cash balance of $144.2 million as of June 30, 2026 and repurchased 500,000 shares during the quarter under its normal course issuer bid program.
Tickers: $ASM
Topics: mining production metrics revenue growth silver