Avino achieved record Q4 2025 revenues of $30.5M, up 25%, and full-year revenues of $92.2M, up 39%. Avino also reported a record cash balance of $102M.
Bullish
Avino achieved record Q4 and full-year 2025 revenues and mine operating income, alongside a record $102M cash balance. Avino returned to primary silver production and advanced its La Preciosa growth strategy.
Bearish
Avino experienced increased cash costs and all-in sustaining costs per AgEq ounce in 2025. Capital expenditures exceeded guidance, and Q4 silver equivalent ounces produced and sold decreased.