Avino Silver & Gold Mines Ltd. (ASM) Stock Analysis
Basic Materials · Other Precious Metals & Mining · NYSE American
Avino Silver & Gold Mines Ltd. (ASM) posted $92.23M in revenue for fiscal 2025 (up 39.4% year over year), at a 28.9% net margin, and has compounded revenue about 27.8%/yr over five years, per its SEC filings.
Data last refreshed August 2, 2026 from SEC filings · how we compute this
The analyst's take on Avino Silver & Gold Mines Ltd.
Avino Silver & Gold Mines Ltd. has grown revenue from $44.19M to $92.23M over the last 4 fiscal years, compounding about 27.8% a year. The most recent year was up 39.4%, so growth is actually accelerating.
Net margin sits at 28.9%, up 16.7 points year over year on a 52.6% gross margin. It carries about $388,000 of total debt.
At today's valuation the market is pricing in roughly 63.4% annual free-cash-flow growth. The one thing worth a second look in the filings is receivables growing faster than sales.
Synthesised from Avino Silver & Gold Mines Ltd.'s SEC filings — descriptive, not advice. Ask the analyst your own question →
Avino Silver & Gold Mines Ltd. revenue & earnings — last 4 fiscal years
| Metric | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Revenue | $44.19M | $43.89M | $66.18M | $92.23M |
| Gross profit | $15.06M | $7.82M | $23.20M | $48.53M |
| Net income | $3.10M | $542,000 | $8.10M | $26.64M |
| Net margin | 7.0% | 1.2% | 12.2% | 28.9% |
Source: Avino Silver & Gold Mines Ltd. SEC filings (10-K).
Avino Silver & Gold Mines Ltd.: 3 potential red flags in the filings
Patterns in the filed statements worth a second look — computed and cited, not AI guesswork, and not a signal to sell. The kind of thing that hides in a 10-K.
- Receivables growing faster than salesAccounts receivable rose 290.5% while revenue rose 39.4% in the latest year — a gap that can signal looser credit terms or pulled-forward sales. Worth checking days-sales-outstanding.
- Inventory building faster than salesInventory rose 60.2% versus revenue 39.4% — possible overproduction or softening demand.
- Share count rising (dilution)Shares outstanding grew 37.2% over 3 years (118.3M → 162.3M) — existing holders' stakes are being diluted.
What growth is priced into ASM stock?
At today's market cap of $980.64M, Avino Silver & Gold Mines Ltd. is priced for free-cash-flow growth of about 63.4% per year for 10 years (assuming a 10% discount rate and 2.5% terminal growth, base FCF $1.12M from the FY ending 2025-12-31). This is a reverse DCF — a translation of the price into a growth assumption you can judge, not a fair value and not advice. Change the assumptions yourself in the interactive view →
Explore 4 years of Avino Silver & Gold Mines Ltd. financials — interactive
Full income statement, balance sheet and cash flow with CAGR and trend on every row, 48 quarters, valuation ratios, plain-English health checks, and Ask — our SEC-grounded research assistant.
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Avino Silver & Gold Mines Ltd. financial history by metric
About Avino Silver & Gold Mines Ltd.
Avino Silver & Gold Mines Ltd., together with its subsidiaries, engages in the acquisition, exploration, and advancement of mineral properties in Mexico. It explores for silver, gold, copper, and base metal deposits. The company holds 100% interest in the Avino Mine area property covering an area of approximately 4,086.93 hectares comprising 42 mineral claims and leases 4 mineral claims, which is located in the state of Durango, Mexico. It also has an option to acquire 100% interest in the Ana Maria and El Laberinto properties located in Mexico. The company was formerly known as International Avino Mines Ltd. and changed its name to Avino Silver & Gold Mines Ltd. in August 1997. Avino Silver & Gold Mines Ltd. was incorporated in 1968 and is headquartered in Vancouver, Canada.
Avino Silver & Gold Mines Ltd. — frequently asked questions
What is Avino Silver & Gold Mines Ltd.'s revenue?
Avino Silver & Gold Mines Ltd. (ASM) reported revenue of $92.23M for fiscal year 2025, up 39.4% from the prior year, according to its SEC filings.
Is Avino Silver & Gold Mines Ltd. profitable?
Yes. ASM earned net income of $26.64M in fiscal 2025, a net margin of 28.9%.
What is ASM's P/E ratio?
Avino Silver & Gold Mines Ltd. trades at a price-to-earnings ratio of about 25.4 based on the latest data in our nightly-refreshed cache.
How fast is Avino Silver & Gold Mines Ltd. growing?
ASM's revenue grew at roughly 27.8% per year over the last five fiscal years (compound annual growth rate), computed from SEC-filed statements.
How much debt does Avino Silver & Gold Mines Ltd. have?
As of fiscal year 2025, ASM carried roughly $388,000 in total debt (short- plus long-term borrowings), per its filed balance sheet.
What is Avino Silver & Gold Mines Ltd.'s gross margin?
ASM's gross margin was 52.6% in fiscal 2025 — gross profit of $48.53M on revenue of $92.23M.
What is Avino Silver & Gold Mines Ltd.'s market cap?
Avino Silver & Gold Mines Ltd. (ASM) has a market capitalization of about $980.64M, based on the latest data in our nightly-refreshed cache.
When does Avino Silver & Gold Mines Ltd.'s fiscal year end?
ASM's fiscal year ends in December. Its most recent annual filing covers the fiscal year ending 2025-12-31.
What growth is priced into ASM stock?
At today's market cap of $980.64M, Avino Silver & Gold Mines Ltd. is priced for free-cash-flow growth of about 63.4% per year for 10 years (assuming a 10% discount rate and 2.5% terminal growth, base FCF $1.12M from the FY ending 2025-12-31).
Where does this data come from?
All figures are computed from Avino Silver & Gold Mines Ltd.'s official SEC filings (10-K and 10-Q), covering 4 years of history, refreshed nightly. stockportfolio.pro does not provide investment advice.