Avino Silver & Gold Mines Ltd (A:ASM)
Business Focus: Integrated Mining
| Sector: Basic Materials | Industry: Integrated Mining |
| Company Contact | |
| Address: | 570 Granville St Suite 900 VANCOUVER BC V6C 3P1 |
| Tel: | N/A |
| Website: | https://www.avino.com |
| IR: | See website |
| Key People | ||
| David Wolfin President, Chief Executive Officer, Director | Nathan Harte Chief Financial Officer | Jose Carlos Rodriguez Chief Operating Officer |
| Peter Latta Vice President - Technical Services | Jennifer Trevitt Corporate Secretary | |
| Business Overview |
| Avino Silver & Gold Mines Ltd. is a Canada-based mining and exploration company. The Company is engaged in the production and sale of silver, gold, and copper and the acquisition, exploration, and advancement of mineral properties. It operates the Avino Mine, which produces copper, silver and gold at the Avino property in the state of Durango, Mexico. The Avino Property covers approximately 1,104 contiguous hectares and is located approximately 80 km north-east of the city of Durango. The Company's mineral claims in Mexico are divided into four groups: Avino mine area property, Gomez Palacio/Ana Maria property, Santiago Papasquiaro property and Unification La Platosa properties. The Company's La Preciosa consists of over 15 exploration concessions totaling 6,011 hectares located in Durango, Mexico, within the municipalities of Panuco de Coronado and Canatlan. The Company also owns interests in mineral properties located in British Columbia and Yukon, Canada. |
| Financial Overview |
| For the fiscal year ended 31 December 2023, Avino Silver & Gold Mines Ltd revenues decreased 1% to $43.9M. Net income decreased 82% to $542K. Revenues reflect Gold segment decrease of 21% to $20.4M. Net income also reflects Fair value adjustment on warrant liabili decrease of 80% to $478K (income), Professional fees increase of 93% to $1.4M (expense). |
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