Avino considers standalone La Preciosa mine: what it means for Avino Silver & Gold Mines stock
Published on 10/07/2026 at 01:48 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Avino Silver & Gold Mines (CA0539061030) is considering a standalone La Preciosa operation, a shift outlined by CFO Nathan Hart in an interview published on October 5, 2026. The company targets more than 3 million silver-equivalent ounces in 2027, compared with 2.4 million to 2.7 million ounces of guidance for 2026.
La Preciosa moves to center stage
As Yahoo Finance reported on October 5, 2026, Hart said Avino is evaluating a standalone operation at La Preciosa rather than relying solely on the existing Avino mill.
The project is currently processing development material at 400 to 500 tons per day, while a standalone pre-feasibility study is expected in the middle of 2027. The timing matters because the company is funding development from cash flow generated by the Avino mine, according to the same October 5 interview.
Revenue rises as production falls
Avino reported second-quarter 2026 revenue of USD 26.8 million, up 23.00 percent from the year-earlier quarter, while adjusted earnings per share were USD 0.06 and unchanged year over year, according to Zacks.
The operating comparison is mixed. Silver-equivalent production fell 17.00 percent to 534,945 ounces in the second quarter of 2026, while mine-operating income rose 27.00 percent to USD 13.0 million. Cash costs increased 89.00 percent to USD 28.62 per silver-equivalent payable ounce, highlighting the execution risk while La Preciosa remains in development.
Growth needs a larger balance sheet
Avino ended the second quarter of 2026 with USD 144.0 million in cash and remained debt-free apart from operating equipment leases, according to Zacks. The company also generated USD 13.3 million in operating cash flow, compared with USD 8.4 million in the second quarter of 2025.
MarketBeat reported on October 1, 2026, that analysts had a Moderate Buy consensus and an average target of USD 8.92. The same report cited H.C. Wainwright raising its target from USD 10.25 to USD 10.50 and Roth Capital lifting its target from USD 7.00 to USD 7.50.
Standalone mine sets the next test
Avino had a market capitalization of USD 948.0 million as of October 6, 2026. The company is listed on the TSX and NYSE American, and MarketScreener reported on September 9, 2026, that Avino ranked fifth in the 2026 TSX30.
The next valuation test is operational rather than purely financial: converting development material into steady-state production while completing the La Preciosa study. The company said the study is expected in mid-2027, leaving revenue growth and cost control as the key measurable markers before a larger construction decision.
The further course of trading is shown by the continuously updated real-time quote of Avino Silver & Gold Mines stock.
Avino Silver & Gold Mines at a glance
- Company: Avino Silver & Gold Mines Ltd.
- ISIN: CA0539061030
- Ticker: ASM
- Primary exchange: TSX and NYSE American
- Market capitalization: USD 948.0 million as of October 6, 2026
- Sector / Industry: Basic Materials / Diversified Mining
- Index membership: TSX30
