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Avino Silver & Gold Mines Ltd. (ASM)

NYSE American - Nasdaq Real Time Price. Currency in USD
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0.5801-0.0162 (-2.72%)
At close: 03:59PM EDT
0.6102 +0.03 (+5.19%)
After hours: 05:48PM EDT
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  • w
    willi
    Yahoo! has been so bad lately - especially the ASM board. I like using (http://Themaxgains.tech) now instead for my daily research.
  • b
    bee
    Copper, gold and battery metals prices are expected to hit record highs and should be very positive for ASM. The lack of new copper discoveries in the last ten years means that companies like ASM could soar. Another impressive copper gold cobalt company Red Metal Resources (RMESF: OTC) (RMES.V) recently reported impressive drill results showing what could become high-grade copper mine. Cobalt was also encountered that could be worth as much as the copper. Red Metal 100%-owned claims of about 3,378 hectares are in the Chilean Carrizal district that is estimated to have yielded more than 3 million tonnes of copper which translates to over $24 billion at todays’ prices. Additional drilling results from the same drill program are due in a few days and could send shares higher. RMESF or RMES is undiscovered and undervalued and trading between 12 to 15 cents with tiny market cap of about $5.5 million.
  • L
    Louis
    more cash than debt expansion...nice bet at this price!
  • C
    C
    Adding more, every two weeks. Like clockwork.
    Bullish
  • M
    Mateusz
    It's time for the lift off.
    Bullish
  • r
    reid
    Just be patient
    Bullish
  • i
    i was
    .74ish
  • C
    Century.old.Koot
    If Silver price goes higher this stock will be grand,them ASM future holds 290 million onces in them grounds.
  • C
    C
    Picked up some shares today on the cheap. Keep the sale on boys.
    Bullish
  • S
    SENOR BALTIMORE
    WHEN A COMPANY MAKES $ AND THE STOCK GOES DOWN.
    MEANS A LACK OF TRUST - THAT $ WILL CONTINUE TO BE MADE.
    DON'T BUY TILL NEXT EARNINGS REPORT.
    YOU WILL SEE A CHANGE IN THE CHART(S) - OR YOU WON'T BUY.
    WATCH FOR A TURN UP IN THE LONG TERM CHART(S).
    Bearish
  • J
    Jakub
    I bought back most of the shares at 0,9063 I sold yesterday at 0,973$ Pure gain. Who was selling today at so funny price? This is going to be a 2-3$ stock within several months
  • S
    SENOR BALTIMORE
    HUGE ASTEROIDS
    Bearish
  • S
    SENOR BALTIMORE
    IF THEY HAD ANYTHING GOOD ....... THEY WOULD HAVE REPORTED BEFORE THE CLOSE OF THE MARKETS.
    Bearish
  • S
    SENOR BALTIMORE
    NO MORE EXCUSES ...... RESULTS THAT BOLSTER THE COMPANY OR GET RID OF WOLFIN.
  • e
    edmund
    A long time Coeur shareholder i view Avino as a quasi partner with Coeur owning 16%of shares fully diluted plus a 1.25% NSR and 2%GSR on unexplored property. Coeur sold at a significant discount to their 100 million cash and 12.7m Coeur shares.
    Coeur bought this deposit as one of the largest primary silver mines in the world to produce 10 million ozs a year from a superpit operation .From the time of offer silver was to drop from $32.00 down to $20.00 by closing The project predominately suffers from configuration giving it a 17-1 strip ratio and from being primary silver mine with only a bit of gold 300,000 ozs.For Coeur it also carried a 300million build price pre inflation.
    What Avino has is production,spare capacity refurbished mill and new 4th circuit ,water spare capacity on power line,an experienced Mexican underground labor force and 50 year ownership.Its own production 2.2-3 million ozs and a resource about 90 million .silver equivalents and CEO & President
    the son of founder with Bachelor of Science Engineering from Colorado School of Mines and Master in Business Administration from Univ Arizona.The local labor force and its history of ownership should shield Avino from the present political climate and should lighten permitting process time to 8 months according to Wolfin.
    The plan is to enter an existing adit and workings near the Gloria and Abundancia higher grade areas going underground resolves the strip ratio issue of a super pit.And entering an existing adit saves time,development costs and permitting time..
    I see similarities in David Wolfin and Mitch Krebs Wharton Business School and Harvard MBA and in terms of ESG Programs and Avinos introducing dry stacking of tailing material,concerns of safety and welfare of workforce and local community.This could be a quality alliance
    This acquisition is a company maker and jumps Avino immediately into mid tier status with a 230 million ounce resource .This broke the logjam of capital projects as its massive build cost put it at the back of que.
    Coeur did considerable exploration including infill to try and make this project work the IRR just wasn't there with mid 20 dollar silver and volatility of silver.
    I am impressed with Avino's exploration team and the recent released results. As well as 20 named veins out of a total of 50.The due diligence of metallurgy compatibility and the year taken on this.
    I see dilution on the horizon to pay for permitting ,construction and development of reaching the Gloria Abundancia
    This was a win -win including your projects in Yukon and BC as Preciosa was further stalled with the timeline of Rochestor ,Silvertip and re-permitting development at Kensington.
    Coeur has Silvertip in BC and Tim Property option 12 mi from Silvertip just over Yukon border.Then there is your 6%position of Tallisker and Bralorne mine which they acquired from Avino and your ownership for two nearby properties.
    So "all is good under and in the hood"-Avino is due a re rate but the fear of dilution that i see as inevitable may be shared by institutions.
    Another plus is your dual listing and being listed on NYSE.

    Look forward to sharing information.
  • R
    Robert
    2.60 level monday maybe Friday and so on to 5 and beyond so bullish gains.
    Bullish
  • B
    BASIL
    I think we'll get decent numbers by the second quarter. I am going to add a few hundred more shares.

    “2021 was highlighted by many positive achievements for Avino, with our fourth quarter results showcasing the progress made in the restart of operations with meaningful earnings and free cash flow generation. It was a pivotal year in many respects as we restarted mining operations after an extended closure period, repaid our $10 million term facility to Samsung C&T UK, and announced the proposed acquisition of La Preciosa,” said David Wolfin, President and CEO. “Revenues, earnings and cash flow generation all increased considerably compared to all preceding quarters in 2021 and 2020, with cash costs and AISC costs showcasing these strong margins. We look forward to further encouraging production numbers and exploration drill results as we move through 2022.”
    Bullish
  • J
    Jason
    In my opinion, we still have till tomorrow to load up on this if you haven’t yet. ASM spikes higher frequently, influx of cash and 2022 will be a breakout year for them! This is in the right sector, since all of your account, should be heavily weighted in Gold, Silver & Oil! We could see $3 in my opinion relatively quick! Have a good day! 🙏🥳
    Bullish
  • 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.
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