Quarterly ResultMay 13, 2026, 05:12 PM
AVINO SILVER & GOLD Q1 Net Income +183% to $15.9M; Revenue +109%
AI Summary
Avino Silver & Gold Mines Ltd. reported a significant increase in financial performance for Q1 2026, with net income rising 183% year-over-year to $15.9 million and revenue from mining operations increasing 109% to $39.4 million. This strong growth was supported by a 173% increase in the average realized silver price per ounce sold, despite a 10% decrease in silver equivalent ounces produced. Cash provided by operating activities also saw a substantial increase of 1698% year-over-year.
Key Highlights
- Net income surged 183% year-over-year to $15.9 million in Q1 2026.
- Revenue from mining operations increased 109% year-over-year to $39.4 million.
- Diluted earnings per share rose 125% to $0.09 compared to Q1 2025.
- Cash provided by operating activities dramatically increased 1698% to $13.6 million.
- Average realized silver price per ounce sold jumped 173% to $86.42.
- Silver equivalent ounces produced decreased 10% year-over-year to 568,112 ounces.
- Cash and working capital increased 36% and 40% respectively from Q4 2025.