Avino Silver & Gold Mines is a precious and base metal producer with a diversified pipeline of silver, gold and base metals properties in Mexico.
With only 129 million shares outstanding, Avino boasts exceptional share structure for a company at its growth stage.
Since the beginning of 2020 we were able to reduce our debt by $10 million, and at the start of 2022, we are debt-free (excluding payables and equipment leases). At the end of 2021, we had ~$30 million in liquidity. Our balance sheet is strong thanks to the efforts of the teams in Mexico and Canada, as well as the strength in metal prices.
Undervalued Relative to our Peers
Undervalued relative to our silver peers on P/NAV and EV/oz by many multiples
Pure-play silver producer and explorer in Mexico
Focused on producing silver and exploring our vast Avino Property
A long record of community and regional support near our mine in Mexico, with a dedicated CSR team 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, and finance.
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 Mexico benefit greatly from abundant local skills, transportation, power and water. The Company is currently transitioning to drystack tailings, which is known for its environmental, safety and economic advantages; reduces water consumption; and reduces the storage footprint by requiring less land.
We owe our long-term success to the team’s passionate commitment to our vision, values and growth model.