Avino Silver & Gold Mines Ltd. Q3 2026 Earnings Recap

Avino shares fell 1.9% after earnings, a roughly flat reaction. Silver production rose year over year and La Preciosa development advanced, but the quarter’s output still included development material; the move does not point to a clear market verdict on the results.

Key Takeaways

• Q3 production totaled 303,000 ounces of silver, just under 2,000 ounces of gold and 1.1 million pounds of copper, or 583,000 silver-equivalent ounces, on approximately 190,000 tons of mill feed.
• Silver production increased 15% year over year.
• Avino Mine contributed 477,000 silver-equivalent ounces; La Preciosa development production rose 5% from Q2 and contributed approximately 106,000 silver-equivalent ounces.
• La Preciosa processed more than 450 tons per day during the quarter, with over 3,000 meters of underground development completed; management said level 3 preparation is nearing completion ahead of planned long-hole production mining.
• Exploration programs at La Preciosa and the Avino Mine remain on track to complete 15,000 meters each by year-end; management said recent La Preciosa drilling may indicate wider, higher-grade vein structures in some areas.