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Avino Silver & Gold Mines Ltd. (ASM)

NYSE American - NYSE American Delayed Price. Currency in USD
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0.7400-0.0305 (-3.96%)
At close: 04:00PM EST
0.7550 +0.01 (+2.03%)
After hours: 05:47PM EST
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  • T
    Tampai
    Anybody know what the hell is going on? Why are all the miners up and i mean up huge. Not that i am complaining but seem odd. Glad i have been paying attention and check in every so often.
  • M
    Mateusz
    Another stack for $0.79 added:)
    Bullish
  • A
    Agian33
    https://www.youtube.com/watch?v=XIniV_yL_tk
    If You Love Hype , This Guy Takes It To A Whole New Level
    David Wolfin of Avino Silver & Gold Mines presents at the Metals Investor Forum, Nov. 12-13, 2021
    www.youtube.com
  • e
    edmund
    A great acquisition of Preciosa fits like a glove in so many aspects Excess production ,excess power,water well,Mexican underground labor force,53 years intertwined with local population Gives Avino now has 235 million silver ozs in M&I..No need to build a mill, this can be brought forward quickly and cheaply .BUT It will also will come with the Spectre of Dilution and Debt.The stock will probably grt a rerating before that happens.
    For 15million down another 5million in a year you have one of the five largest primary silver mines.This is a quantum leap into the intermediate producers..The opportunity to shortly impact revenue and free cash flow .Then there is always the price of silver .This stock will like a magnet to new silver buyers and silverbugs with its amount of silver in resource category.
  • R
    Robert
    2.60 level monday maybe Friday and so on to 5 and beyond so bullish gains.
    Bullish
  • R
    Russell
    Avino trades at 1/12 (8%) of avg val. of 6 Ag producers
    Look at P. 20 of ASM's Nov. Presentation.

    EV/Resource for Intermediate producers AgEq.

    Ridiculously low valuation and excellent trader on US markets under same symbol.

    No debt, may produce 3 mill AgEq in 2022. Good copper production.

    Presentations | Avino Silver & Gold Mines Ltd.
  • K
    Kane
    Silver...the poor man's gold. Silver prices will reach all time highs in the next few weeks. Any mining company will benefit substantially from the price increase. This stock is a great purchase right now for those smart enough to buy, lucky enough to find this stock, and patient enough to let it grow!
  • S
    Snatch
    The report is positive:

    - Positive cash flow.
    - operating costs decreased by more than 20%
    - stable copper revenues, the share related to gold has increased. Just wait for a rise in silver to return to significant income.
    - They have transferred their activities to a new mine in Mexico, so production levels should be re-established.
    - The results of the explorations in Mexico and Canada are promising.
    - They do not anticipate any risk of interest, and they have an agreement of 6.5M CAD to settle their debts arriving at maturity.

    We have to wait for a rise in the silver price before returning to significant revenues, but the estimates are rather optimistic, especially with the progressive balance production / demand and the new applications of silver in various industries in the world.
  • S
    Stu
    Hello I haven't bought any ASM shares but I'm interested. I have some questions that maybe the community can help. Thanks.

    I just saw that a few weeks ago the company released info on the company's production. It says for a lot of the metals, the 2nd quarter was over 50% total production of gold, silver and copper compared to 2nd quarter of 2019, due to the mine(s) shutdown due to COVID and possibly other reasons. Below I will some of that info.

    My main question is: Specifically for 2nd quarter of 2020, due to the large reduction of total production in the metals compared to Q2 of 2019, as well as the earnings estimates of Q2 2020, could the company seriously miss the Q2 2020 consensus estimates? Possibly by a lot? Thus, share price possibly dropping a lot after earnings is released? Over 50% reduction of total production is quite a bit. I completely understand that the forward guidance will be great because of the current prices in precious metals, I'm not asking about that. I'm asking about strictly the Q2 2020 performance vs. expectations. I am very interested in this company but I'd appreciate help to make sense of all of this with an unbiased response and breakdown of this. The link will be clearer to read. Thank you so much! Good luck to everyone!

    https://finance.yahoo.com/news/avino-announces-q2-2020-production-104500490.html

    Avino Mine Production Highlights

    Q2

    2020

    Q2

    2019

    Quarterly

    Change

    YTD

    2020

    Total Silver Produced (oz)

    50,581

    104,893

    -52%

    312,819

    Total Gold Produced (oz)

    404

    800

    -50%

    1,916

    Total Copper Produced (Lbs)

    459,767

    1,003,995

    -54%

    2,263,082

    Total Silver Equivalent Produced (oz)*

    158,286

    362,445

    -56%

    835,370
    Avino Silver & Gold Mines Ltd. (TSX: ASM) (NYSE American: ASM) (FSE: GV6) ("Avino" or "the Company") reports that production of 158,286 silver equivalent ounces*, 50,581 silver ounces, 459,767 copper lbs, and 404 gold ounces was achieved in the secon
    Avino Silver & Gold Mines Ltd. (TSX: ASM) (NYSE American: ASM) (FSE: GV6) ("Avino" or "the Company") reports that production of 158,286 silver equivalent ounces*, 50,581 silver ounces, 459,767 copper lbs, and 404 gold ounces was achieved in the secon
    finance.yahoo.com
  • B
    Billy
    I started a position in ASM today and look forward to reading this board. I own several other gold/silver positions such as GDX and DOLLF. GLTA
    Bullish
  • S
    Snatch
    Good news, the results of Q1 Q2 results for the Bralorne Gold Mine are released.

    "First pass drill testing of this exciting target is now complete, and the area is considered by Avino to have high potential to host another large Bralorne-style gold vein system."

    "We are very encouraged by the completed first pass drill testing of the NE Block target area, and we now consider the area to have high potential to host another large Bralorne-style gold vein system.” said David Wolfin, Avino’s President and CEO."
  • M
    Michael
    Have limited budget to work with. Thinking about buying 400-500 shares when market opens Monday. Still new to buying stocks. Feeling ASM is a really good investment. Thoughts or input? Really appreciate it.
  • m
    mike
    Avino Acquires Neighboring La Preciosa Project.Wow CDE spent over 400 million on this project.Avino’s and La Preciosa’s property boundaries are within 2 km of each other. The existing infrastructure and permitting, as well as excess milling capacity, at the Avino Property offer the potential to significantly reduce the required development capital costs at La Preciosa under Avino’s ownership. For example, Avino has a 20km dedicated 5MW power line and only utilizes 2.5-3.0MW. La Preciosa can potentially further benefit from Avino’s flexible mill circuit, which is capable of processing at any level up to 2,500 tonnes per day with further expandable production capacity.WHAT a great buy.Say GOODBYE to the SHORTS.......
  • S
    SENOR BALTIMORE
    REGARDLESS OF EARNING ( based on $17.00 silver) ON THE 11th., A RETEST OF $1.30 ( if it holds) PUTS OUR NEXT TARGET ARE AT $1.70 - 1.80 .... you heard it here FIRST.
    Bullish
  • S
    Snatch
    My calculations of valuation for ASM without Bralorne (wich is in exploration), show that ASM is actually undervalued.

    I used averages valuation multiples for the gold and silver mining industry : 3,17 revenues.

    Revenues 2018 : 31,31M$
    3,17*31,31M$ = 99,26 M$

    Price based on revenues

    Actual market cap : 45,9M$
    (0,60/45,9)*99,26 = 1,3$

    The fair value of ASM's stock, with 2018 gold and silver prices, is 1,3$. Knowing that prices are bullish, this price is now a minimum.

    In a few years, with Bralorne's reserves, the valuation of ASM should be much higher.
  • S
    SENOR BALTIMORE
    ALWAYS MANY A POSITIVE COMMENT ABOUT "FUTURE" THIS & THAT. I HAVE HAD 30 YEARS OF THIS#$%$COMPANY AND FOR THAT LONG "IT'S MANAGEMENT" HAS FAILED TO PRODUCE "ANYTHING FOR THE INVESTOR. INCLUSIVE OF TODAY ! IF YOU CARE "ANYTHING" ABOUT YOUR MONEY -- TAKE MY ADVICE AND GO ELSEWHERE. I AM GOING TO (AUY). ONCE AGAIN, I AM SICK TO MY STOMACH, AND THROWING UP ON MY SHOES.
    Bearish
  • S
    Snatch
    $FSM conversation
    Haunted by their overexpansion during the last gold boom, mining companies are shunning spending and taking a more conservative approach.
    Haunted by their overexpansion during the last gold boom, mining companies are shunning spending and taking a more conservative approach.
    www.wsj.com
  • q
    quadrga
    Looks to me like this may spike up in the coming months.
  • d
    danielk
    This stock is amazingly resistant to the value increase of precious metals of late. Amazingly resistant. When will some big buyer come along and say, "Hey! There's a nice solid stable mine that has been overlooked. BUY!"
  • c
    clifton
    I guess this isn't a hugely popular stock Charlie hopefully we will be rewarded for being patient and thinking outside the box I also own first majestic silver and great panther which is doing well as of late I'm not an investor with 100k shares of anything but im accumulating as I can, hope to build my portfolio to dwarf my 401k but patience isn't always my strong suit
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