on Avino Silver & Gold Mines Ltd. (NASDAQ:ASM)
Avino Silver & Gold Mines Reflects Strong Financial Gains in Q2 2025
Avino Silver & Gold Mines Ltd. has unveiled its unaudited financial results for Q2 2025, showcasing notable growth compared to the previous year. The Vancouver-based company reported a 47% revenue increase, amounting to $21.8 million, primarily due to higher metal prices and consistent production. Net income climbed to $2.9 million, doubling that of Q2 2024. Operational efficiency significantly improved, with a 36% rise in tonnes milled. This led to a gross profit of $10.2 million, reflecting a 118% increase.
EBITDA also rose sharply by 118% to reach $7.4 million. Cost metrics improved, with a 7% reduction in cash costs per silver equivalent payable ounce sold. Avino's working capital expanded by 30% to $40.6 million, supporting their strategic growth plans.
From an operational standpoint, gold production increased by 17%, while copper output rose by 12%. Although silver production slightly decreased by 3%, the overall silver equivalent production marked a 5% increase thanks to enhanced mill availability.
R. H.
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