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An announcement from Avino Silver & Gold ( (TSE:ASM) ) is now available.
Avino Silver & Gold Mines Ltd. announced the results of four additional drill holes at the La Preciosa deposit, revealing high-grade silver intercepts that exceed current resource averages. These findings support the company’s strategy of using underground mining methods to maximize the deposit’s value, with notable potential highlighted in the wider intercepts at the La Gloria and Abundancia veins. The results confirm the geometry of the vein-based resource model and suggest promising early mine life potential, prompting further exploration and development efforts.
The most recent analyst rating on (TSE:ASM) stock is a Buy with a C$8.00 price target. To see the full list of analyst forecasts on Avino Silver & Gold stock, see the TSE:ASM Stock Forecast page.
Spark’s Take on TSE:ASM Stock
According to Spark, TipRanks’ AI Analyst, TSE:ASM is a Outperform.
Avino Silver & Gold’s strong financial performance and positive earnings call sentiment are the most significant factors driving the score. The stock’s technical indicators are favorable, though tempered by a high valuation. The absence of corporate events does not impact the overall score.
To see Spark’s full report on TSE:ASM stock, click here.
More about Avino Silver & Gold
Avino Silver & Gold Mines Ltd. operates in the mining industry, focusing on the exploration and production of silver and gold. The company is known for its operations in Mexico, particularly at the La Preciosa deposit, which is a significant source of high-grade silver.
YTD Price Performance: 391.37%
Average Trading Volume: 649,012
Technical Sentiment Signal: Buy
Current Market Cap: C$1.02B
For detailed information about ASM stock, go to TipRanks’ Stock Analysis page.