Avino Silver & Gold Mines Ltd. (NYSEAMERICAN:ASM) is one of the 15 Best Precious Metal Stocks to Buy According to Wall Street Analysts.
On April 23, 2026, Avino Silver & Gold Mines Ltd. (NYSEAMERICAN:ASM) reported first-quarter production of 263,057 silver ounces, 1,851 gold ounces, and 1.34 million pounds of copper, totaling 568,112 silver-equivalent ounces. CEO David Wolfin said the company entered 2026 with positive momentum, supported by stronger-than-expected mill throughput and elevated silver prices. Management said production is still expected to be weighted toward the second half of 2026 as La Preciosa ramps up, and the company remains on track to meet its annual production forecast.
On April 16, 2026, Avino completed a new mineral reserve estimate and updated mineral resource estimate covering La Preciosa and the Avino Mine, with an effective date of October 31, 2025. The company said proven and probable reserves across its three assets totaled 27 million tonnes containing 95 million ounces of silver, 356,000 ounces of gold, and 85 million pounds of copper, equivalent to 127 million silver-equivalent ounces. Measured and indicated resources totaled 68 million tonnes containing 207 million ounces of silver, 413,000 ounces of gold, and 243 million pounds of copper, or 301 million silver-equivalent ounces. Avino also said total measured and indicated resources rose 9% from its previous estimate after accounting for depletion and exploration drilling.
At La Preciosa, proven and probable reserves totaled 11 million tonnes containing 72 million ounces of silver and 128,000 ounces of gold. At the Avino property, proven and probable reserves totaled 10 million tonnes containing 12 million ounces of silver, 127,000 ounces of gold, and 85 million pounds of copper. The Oxide Tailings property added 6.7 million tonnes of reserves containing 12 million ounces of silver and 102,000 ounces of gold.
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Last month, Roth Capital analyst Joe Reagor raised his price target on Avino Silver & Gold Mines Ltd. to $7.50 from $7.25 and maintained a Neutral rating, citing better-than-expected Q4 results and a significantly stronger balance sheet that could support future mill expansion.
Avino Silver & Gold Mines Ltd. (NYSEAMERICAN:ASM) explores and develops silver, gold, copper, and other mineral deposits in Mexico.
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