Avino Silver & Gold Mines Ltd. announced record financial results for the first quarter of 2025. The company achieved a gross profit of $10.6 million, marking the highest in the Avino Mine's underground production history.
The gross profit margin stood at 56%, or 61% on a cash basis, demonstrating strong operational efficiency. Net income for Q1 2025 also reached a record $5.6 million, translating to $0.04 per share.
These robust financial figures highlight Avino's ability to generate significant profitability and manage its cost structure effectively. The strong start to 2025 provides a solid foundation for the company's ongoing development and production targets.
The content on BeyondSPX is for informational purposes only and should not be construed as financial or investment advice. We are not financial advisors. Consult with a qualified professional before making any investment decisions. Any actions you take based on information from this site are solely at your own risk.