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ASM

Avino Silver & Gold MinesTSX:ASM Stock Report

Market Cap

CA$116.5m

7D

-1.7%

1Y

-12.3%

Updated

22 Oct, 2021

Data

Company Financials +
ASM fundamental analysis
Snowflake Score
Valuation1/6
Future Growth5/6
Past Performance0/6
Financial Health6/6
Dividends0/6

ASM Overview

Avino Silver & Gold Mines Ltd., together with its subsidiaries, engages in the acquisition, exploration, and advancement of mineral properties in Canada.

Price History & Performance

Summary of all time highs, changes and price drops for Avino Silver & Gold Mines
Historical stock prices
Current Share PriceCA$1.14
52 Week HighCA$0.98
52 Week LowCA$3.60
Beta1.06
1 Month Change6.54%
3 Month Change-8.07%
1 Year Change-12.31%
3 Year Change46.15%
5 Year Change-56.49%
Change since IPO-73.18%

Recent News & Updates

May 27
Health Check: How Prudently Does Avino Silver & Gold Mines (TSE:ASM) Use Debt?

Health Check: How Prudently Does Avino Silver & Gold Mines (TSE:ASM) Use Debt?

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...

Shareholder Returns

ASMCA Metals and MiningCA Market
7D-1.7%1.0%1.3%
1Y-12.3%-1.6%33.6%

Return vs Industry: ASM underperformed the Canadian Metals and Mining industry which returned -2.7% over the past year.

Return vs Market: ASM underperformed the Canadian Market which returned 33.2% over the past year.

Price Volatility

Is ASM's price volatile compared to industry and market?
ASM volatility
ASM Beta1.06
Industry Beta1.13
Market Beta1

Stable Share Price: ASM is not significantly more volatile than the rest of Canadian stocks over the past 3 months, typically moving +/- 8% a week.

Volatility Over Time: ASM's weekly volatility (8%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1968n/aDavid Wolfinhttps://www.avino.com

Avino Silver & Gold Mines Ltd., together with its subsidiaries, engages in the acquisition, exploration, and advancement of mineral properties in Canada. It primarily explores for silver, gold, and copper deposits. The company owns interests in 42 mineral claims and four leased mineral claims, including Avino mine area property comprises four concessions covering 154.4 hectares, 24 exploitation concessions covering 1,284.7 hectares, and one leased exploitation concession covering 98.83 hectares; Gomez Palacio property consists of nine exploration concessions covering 2,549 hectares; Santiago Papasquiaro property comprising four exploration concessions covering 2,552.6 hectares and one exploitation concession covering 602.9 hectares; and Unification La Platosa properties, which include three leased concessions located in the state of Durango, Mexico.

Avino Silver & Gold Mines Fundamentals Summary

How do Avino Silver & Gold Mines's earnings and revenue compare to its market cap?
ASM fundamental statistics
Market CapUS$94.25m
Earnings (TTM)-US$10.61m
Revenue (TTM)US$4.10m

23.0x

P/S Ratio

-8.9x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
ASM income statement (TTM)
RevenueUS$4.10m
Cost of RevenueUS$7.23m
Gross Profit-US$3.14m
ExpensesUS$7.47m
Earnings-US$10.61m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.10
Gross Margin-76.61%
Net Profit Margin-259.12%
Debt/Equity Ratio1.1%

How did ASM perform over the long term?

See historical performance and comparison

Valuation

Is Avino Silver & Gold Mines undervalued compared to its fair value and its price relative to the market?

1.22x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate ASM's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate ASM's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: ASM is unprofitable, so we can't compare its PE Ratio to the Canadian Metals and Mining industry average.

PE vs Market: ASM is unprofitable, so we can't compare its PE Ratio to the Canadian market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate ASM's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: ASM is good value based on its PB Ratio (1.2x) compared to the CA Metals and Mining industry average (2.5x).


Future Growth

How is Avino Silver & Gold Mines forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?

189.6%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: ASM is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1.6%).

Earnings vs Market: ASM is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: ASM's is expected to become profitable in the next 3 years.

Revenue vs Market: ASM's revenue (30.2% per year) is forecast to grow faster than the Canadian market (6.8% per year).

High Growth Revenue: ASM's revenue (30.2% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if ASM's Return on Equity is forecast to be high in 3 years time


Past Performance

How has Avino Silver & Gold Mines performed over the past 5 years?

-70.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: ASM is currently unprofitable.

Growing Profit Margin: ASM is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: ASM is unprofitable, and losses have increased over the past 5 years at a rate of 70.8% per year.

Accelerating Growth: Unable to compare ASM's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: ASM is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (102.9%).


Return on Equity

High ROE: ASM has a negative Return on Equity (-13.78%), as it is currently unprofitable.


Financial Health

How is Avino Silver & Gold Mines's financial position?


Financial Position Analysis

Short Term Liabilities: ASM's short term assets ($33.7M) exceed its short term liabilities ($3.3M).

Long Term Liabilities: ASM's short term assets ($33.7M) exceed its long term liabilities ($2.7M).


Debt to Equity History and Analysis

Debt Level: ASM's debt to equity ratio (1.1%) is considered satisfactory.

Reducing Debt: ASM's debt to equity ratio has reduced from 24.4% to 1.1% over the past 5 years.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: ASM has sufficient cash runway for more than 3 years based on its current free cash flow.

Forecast Cash Runway: ASM has sufficient cash runway for more than 3 years if free cash flow continues to grow at historical rates of 37.8% each year


Dividend

What is Avino Silver & Gold Mines's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate ASM's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate ASM's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if ASM's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if ASM's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of ASM's dividend in 3 years as they are not forecast to pay a notable one for the Canadian market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

6.8yrs

Average management tenure


CEO

David Wolfin (53 yo)

11.33yrs

Tenure

US$721,887

Compensation

Mr. David Wolfin has been Chief Executive Officer of Avino Silver & Gold Mines Ltd. since June 24, 2010 and Director since October 1, 1995. Mr. Wolfin serves as President of Avino Silver & Gold Mines Ltd....


CEO Compensation Analysis

Compensation vs Market: David's total compensation ($USD721.89K) is above average for companies of similar size in the Canadian market ($USD164.70K).

Compensation vs Earnings: David's compensation has increased whilst the company is unprofitable.


Leadership Team

Experienced Management: ASM's management team is seasoned and experienced (6.8 years average tenure).


Board Members

Experienced Board: ASM's board of directors are considered experienced (7 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 17.2%.


Top Shareholders

Company Information

Avino Silver & Gold Mines Ltd.'s employee growth, exchange listings and data sources


Key Information

  • Name: Avino Silver & Gold Mines Ltd.
  • Ticker: ASM
  • Exchange: TSX
  • Founded: 1968
  • Industry: Precious Metals and Minerals
  • Sector: Materials
  • Market Cap: CA$116.541m
  • Shares outstanding: 102.23m
  • Website: https://www.avino.com

Location

  • Avino Silver & Gold Mines Ltd.
  • 570 Granville Street
  • Suite 900
  • Vancouver
  • British Columbia
  • V6C 3P1
  • Canada

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/22 23:00
End of Day Share Price2021/10/22 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.