5 Best Silver Mining Stocks to Buy

3. Avino Silver & Gold Mines Ltd (NYSEAMERICAN:ASM)

Stock Upside Potential: 70.04%

Number of Hedge Fund Holders: 11

Avino Silver & Gold Mines Ltd (NYSEAMERICAN:ASM) is one of the best silver mining stocks to buy. The stock has soared more than 190% over the past 12 months.

On April 23, Avino Silver & Gold Mines Ltd (NYSEAMERICAN:ASM) reported its Q1 2026 production results. The report showed that in the first three months of 2026, Avino produced 263,057 silver ounces, 1,851 gold ounces, and 1,343,654 pounds of copper. That combined to a total of 568,112 silver equivalent ounces, the company said.

Commenting on the Q1 production report, Avino CEO David Wolfin said the results provide a strong foundation for the company to deliver on its annual production target. Wolfin added that in light of high silver prices, they expect 2026 revenue to significantly outperform expectations.

The company also reported steady progress at its La Preciosa property, saying it was on track with its production forecast for the year. Avino estimates its mineral reserve to be 127 million silver-equivalent ounces across its Avino and La Preciosa properties. It provided a breakdown of reserve estimates showing 95 million ounces of silver, 356,000 ounces of gold, 85 million pounds of copper.

Avino Silver & Gold Mines Ltd (NYSEAMERICAN:ASM) is a Canada-based mining company that produces silver, gold, copper, and other metals. Its main project is the Avino mine in Durango, Mexico. This mine is a high-grade silver and gold property. Avino Silver & Gold Mines was founded in 1968.