Avino Silver & Gold Mines Ltd. (ASM) Earnings Call Transcripts

Avino Silver & Gold Mines Ltd.'s Latest Earnings Call - Q1 FY2026

In Q1 2026, Avino Silver & Gold Mines Ltd. reported record revenues of $39.4 million and net income of $15.9 million, significantly surpassing previous records. The company achieved a production of 568,000 silver equivalent ounces, driven by strong operational performance and increased throughput at La Preciosa. Management maintained a positive outlook, indicating continued growth potential with an ambitious drilling program and a focus on expanding production capacity.

Reported metrics

Guidance from management

Management maintained its production guidance and expects increased contributions from La Preciosa in the second half of 2026, with a focus on achieving 500 tonnes per day throughput.

What management said

Jake, good question. Nathan here. Yes, I guess you might be referencing some of the pressures that are coming from maybe royalties or other items that some other producers are facing?

Yes. So obviously, La Preciosa is royalty free. We repurchased that last year. So no impact there. And then in Avino, there's the long-standing royalty, which we've been able to manage, and it doesn't impact us too bad, pretty minimal overall. I think the change maybe on a quarter basis about $0.20 a tonne -- or sorry, $0.20 an ounce, so not overly material to our costs. And then on the other side, obviously, there...

What analysts pressed on

Analysts expressed concerns about rising costs associated with processing development material and the potential impact on future profitability. There were also questions regarding the pace of drilling and production ramp-up at La Preciosa.

Main topics on the call

• Record Financial Performance — Avino reported record revenues of $39.4 million and net income of $15.9 million, marking a significant increase from $5.6 million in Q1 2025. CFO Nathan Harte noted, "We generated operating cash flows before working capi...
• Inaugural Mineral Reserve Estimate — The company announced its first mineral reserve estimate of 127 million silver equivalent ounces, a significant milestone that underscores Avino's growth potential. CEO David Wolfin stated, "Establishing mineral reserves...
• Increased Production and Throughput — Avino achieved a production of 568,000 silver equivalent ounces, with throughput averaging 200 to 230 tonnes per day. Wolfin emphasized that "mill performance remained solid during the quarter with tonnes milled exceedin...
• Cost Pressures and Financial Discipline — Despite record revenues, cash costs per payable silver equivalent ounce increased to $24.46, a 16% rise from the previous quarter. Harte explained that this was due to processing development material, stating, "These cos...

Read the full Avino Silver & Gold Mines Ltd. transcript (Q1 FY2026) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 77 Avino Silver & Gold Mines Ltd. earnings call transcripts on record, spanning February 26, 2020 to August 12, 2026. Based on this history, Avino Silver & Gold Mines Ltd. reports quarterly. The most recent call on file is dated August 12, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

ASM

Exchange

TSX

Country

CA

Sector

Materials

Industry

Metals and Mining

Calls on record

77

First call

February 26, 2020

Most recent

August 12, 2026

Reporting cadence

quarterly