EarningsQ2 2026 Earnings Report
ASM Q2 2026 EPS Results
Actual EPS$0.06
Consensus EPS$0.10
Beat/MissMissed by -$0.04
One Year Ago EPS$0.02
ASM Q2 2026 Revenue Results
Actual Revenue$31.17M
Expected Revenue$37.56M
Beat/MissMissed by -$6.39M
YoY Revenue Growth+45.87%
Earnings Announcement Details
QuarterQ2 2026
Date08/12/2026
TimeBefore Open
Conference CallWednesday, August 12, 2026
ASM Upcoming Earnings
Avino Silver & Gold's next earnings date is estimated for November 11, 2026, based on past reporting schedules.
Q2 2026 Earnings Call Audio
ASM Q2 2026 Earnings Call
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Q2 2026 Earnings Slide Deck
Q2 2026 Earnings Call Summary
Earnings Call Sentiment|Positive
The call presented a predominantly positive operational and financial picture: strong cash generation, record liquidity, meaningful inaugural mineral reserves and resource growth, and clear progress at La Preciosa (59% development production increase). Material near-term headwinds were disclosed — a $5M provisional pricing hit, strengthened Mexican peso (≈12–15%), elevated short-term costs from processing development ore (cash cost/ton $74.72; AISC $96) and some timing uncertainty around ramp and optimization studies. On balance the strengths (profitability, balance sheet, reserves, production progress and exploration upside) materially outweigh the disclosed short-term cost and timing challenges.Company Guidance
Record liquidity and strong balance sheet
Cash of $144–145 million and working capital of $141 million at quarter end; no secured debt other than equipment leases — provides flexibility to fund growth and development.
Solid quarterly revenue and profitability
Quarterly revenue of $26.8 million and net income after tax of $10.9 million ($0.06 diluted), up from $2.9 million ($0.02) in Q2 2025 — substantial year-over-year improvement in profitability.
High margins and cash generation
Gross profit margin of 48% (54% on a cash basis excluding depreciation and depletion). Operating cash flow of $13.3 million, after working capital $8.3 million, and free cash flow of $5.6 million (exclusions noted) — cash generation covers development at La Preciosa.
Inaugural mineral reserve and expanded resource base
Announced inaugural proven and probable mineral reserves of 127 million silver-equivalent ounces across three assets (27 million tons at 145 g/t), plus measured & indicated resources of 301 million Ag-eq oz and inferred of 87.6 million Ag-eq oz — transformational milestone supporting long-term growth.
La Preciosa operational progress and production growth
La Preciosa development production increased 59% quarter-over-quarter; contributed ~100k silver-equivalent ounces (≈85k silver ounces and 182 gold ounces). Mill circuits 1 and 2 now processing La Preciosa development ore; Level 3 development near completion enabling long-hole production and expected higher grades.
Production and throughput performance
Consolidated production of 535,000 silver-equivalent ounces and 185,000 tons of mill feed in the quarter; tons milled exceeded expectations and development ore throughput increased to accelerate project advancement.
Exploration program underway
6,590 meters drilled at La Preciosa by end of Q2 toward a planned 15,000-meter 2026 program; drilling shifting from infill to step-out/exploration holes aimed at resource expansion (most exploration holes are outside current resource model).
Shareholder returns and market recognition
Normal course issuer bid announced with >500,000 common shares repurchased and cancelled in the quarter; growing institutional and ETF investor interest noted, widening the shareholder base.
ASM Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed