We operate two mines in Mexico, with the Bralorne Mine under development in Canada. We are also exploring brownfield targets at our Avino property in Mexico, along with greenfield projects in both Durango State, Mexico and western Canada.
With only 75 million shares outstanding, Avino boasts exceptional share structure for a company at its growth stage. We are financing much of our development in Mexico through earnings.
Our financial performance is improving steadily due to mine expansion and increasing efficiencies throughout the company.
Our All-in Sustaining Costs rank amongst the lowest in the industry. Cost efficiency is a key mandate of our long-term growth strategy.
Resilient Silver Margins
Our gross silver margins have remained above 40% for past five quarters, ranging as high as 45% in Q1 2017 and 50% in Q1 2016.
Resource & Production Growth
Through an aggressive drilling and exploration effort, we are expanding our silver & gold resources in Mexico and our gold resources in Canada.
Avino is conducting ground-breaking training and education for First Nations in Canada while continuing our long record of community and regional support near our mines in Mexico.
Securing Top Talent
Our success over the past decade is due largely to a growing team of enthusiastic and experienced talent in mining, exploration, engineering, finance and CSR.
Samsung C&T Strategic Partnership
Our concentrate sales agreement with Samsung C&T provides non-dilutive capital to Avino for development and expansion
Silver Use Expanding
Growing applications in industry, technology, medicine and other sectors, along with growing investment demand, support silver’s long-term attractiveness.
Avino’s operations in both Mexico and Canada benefit greatly from abundant local skills, transportation, power and water.
We owe our long-term success to the team’s passionate commitment to our vision, values and growth model.