Avino Silver & Gold Mines Reports Record Q1 2026 Results, Revenue Up 109%

Avino Silver & Gold Mines Ltd. (NYSE:ASM) reported record financial results for the first quarter of 2026, with revenue reaching $39.4 million, a 109% increase year-over-year.

The company's strong performance was driven by silver production, which accounted for 60% of revenue at an average realized price of $86.42 per ounce. Mine operating income rose 122% to $23.4 million, while net income reached $15.9 million, or $0.09 per diluted share. EBITDA surged 163% to $25.5 million, and adjusted earnings were $24.3 million, or $0.14 per share. Operating cash flow before working capital movements stood at $18.7 million.

For precious metals traders, Avino's record results highlight the ongoing strength in silver demand and pricing. Silver prices have been supported by industrial demand, particularly from solar energy and electronics, as well as investment demand. The company's ability to capitalize on higher prices and increase production underscores the favorable environment for silver miners. Traders can monitor current silver and gold prices on NowPrice's precious metals page for real-time market context.

Looking ahead, investors will watch for sustained silver demand and any shifts in monetary policy that could impact precious metals prices. Key data releases include U.S. inflation reports and Federal Reserve decisions, which influence the dollar and real yields. Avino's guidance for the remainder of 2026 will also be closely followed, as the company aims to maintain its production momentum.