Roth Capital Retains a “Neutral rating” on Avino Silver & Gold Mines Ltd. (ASM)

Avino Silver & Gold Mines Ltd. is one of the 10 Best Performing Silver Stocks So Far in 2026.

On May 15, 2026, Roth Capital raised its price target on Avino Silver & Gold Mines Ltd. to $8 from $7.50. The firm maintained a “Neutral rating” on the shares, stating that Q1 results beat expectations and gold and silver prices “rebounded somewhat.”

Separately, on May 13, Avino Silver & Gold Mines Ltd. reported first-quarter revenue of $39.4 million with growth of 109% year over year and 29% sequentially. It also generated a net income of $15.9 million, or $0.09 per diluted share. The firm delivered EBITDA of $25.5 million and adjusted earnings of $24.3 million, both sharply higher, while producing operating cash before working capital of $18.7 million.

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CEO David Wolfin said the company “delivered record financial performance driven by improved mill performance, strong metal prices, and a disciplined approach to capital management,” adding margins expanded and the balance sheet strengthened.

Avino Silver & Gold Mines Ltd. mines and explores, focusing on silver reserves in the Durango region of North Central Mexico. It operates through the Silver, Gold, and Copper segments.

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