TSX:ASMMetals and Mining
Does Avino Silver & Gold Mines' (TSX:ASM) 5% Buyback Reveal Hidden Confidence In Its Cash Engine?
Avino Silver & Gold Mines recently received Toronto Stock Exchange approval for a normal course issuer bid, allowing it to repurchase for cancellation up to 8,428,566 common shares, or about 5% of its float, over the 12 months starting 8 April 2026.
Management’s decision to commit capital to buybacks, supported by expected 2026 free cash flow, highlights its view that the current share price undervalues the company’s underlying assets and cash-generation potential.
We’ll now examine how...