H.C. Wainwright analyst Heiko Ihle reiterated a Buy rating on Avino Silver & Gold today and set a price target of $7.40.
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Heiko Ihle has given his Buy rating due to a combination of factors including Avino Silver & Gold Mines’ strong financial performance and strategic initiatives. The company reported a record net income and earnings per share in the third quarter of 2025, driven by a 44% year-over-year revenue growth. This growth was primarily attributed to an increase in silver prices and a significant rise in throughput, despite a temporary decline in production output due to lower-grade mining sections.
Additionally, Avino’s acquisition of all outstanding royalties on the La Preciosa property, along with strong assay results from drill holes, underscores management’s confidence in the site’s production and cash flow potential. The processing of mineralized material from La Preciosa ahead of schedule further supports this positive outlook. Despite a slight decrease in the price target due to dilution, the company’s robust balance sheet, favorable commodity pricing environment, and strategic positioning justify the Buy rating.
According to TipRanks, Ihle is a top 25 analyst with an average return of 54.3% and a 72.32% success rate. Ihle covers the Basic Materials sector, focusing on stocks such as Avino Silver & Gold, First Majestic Silver, and Drdgold.
In another report released on October 23, TR | OpenAI – 4o also reiterated a Buy rating on the stock with a C$8.00 price target.