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Avino Silver & Gold Mines (ASM) Investor presentation summary

Event summary combining transcript, slides, and related documents.

Logotype for Avino Silver & Gold Mines Ltd

Investor presentation summary

11 Mar, 2026

Strategic growth and project portfolio

  • Transitioning from a single operation to a multi-asset mid-tier producer in Mexico, with Avino Mine in production and La Preciosa and Oxide Tailings projects in development, targeting significant production growth by 2029.

  • La Preciosa acquisition completed, now 100% owned, with a goal to achieve 500 tpd and updated resource estimates planned for H1 2026.

  • Large silver-equivalent resource base: 277 million AgEq oz measured & indicated, 94 million AgEq oz inferred as of October 2023.

  • Exploration budgets set at 15,000 metres for both Avino and La Preciosa in 2026, with AI integration for resource expansion.

  • Recognized for performance, ranked #5 in TSX30 for 2025, with share price up 610% and market cap up 778% over three years.

Financial and operating performance

  • Record annual revenue of $92.2M in 2025, up 39% year-over-year, with Q4 revenue at $30.5M.

  • Net income for 2025 reached $26.6M, a 229% increase from 2024, and adjusted earnings at $46.5M.

  • Gross profit margin at 58%, cash margin at 62%, and free cash flow (excluding La Preciosa) at $24.3M for 2025.

  • Cash on hand at year-end 2025 was $102M, with $99M in working capital and no debt except equipment leases.

  • Cash cost per AgEq oz for 2025 was $16.13, with AISC at $23.75 per AgEq oz.

Production and resource profile

  • Production profile targets a return to primary silver, with silver comprising the majority of output by 2029.

  • Five-year growth plan aims for 8–10 million AgEq oz annual production by 2029, leveraging new assets.

  • La Preciosa resource: 17.4 Mt measured & indicated at 176 g/t Ag and 0.34 g/t Au; 4.4 Mt inferred at 151 g/t Ag.

  • Recent drilling at La Preciosa shows intercepts significantly above average resource grades, supporting underground mining potential.

  • Consolidated mineral resources (as of Oct 2023): 277M AgEq oz measured & indicated, 94M AgEq oz inferred.

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