Avino Silver & Gold Mines reported second quarter 2026 revenue of $26.8 million, substantially exceeding the consensus estimate of $14.2 million. The company achieved a net income of $10.9 million, resulting in a diluted EPS of $0.06, which met market expectations. The strong performance was underpinned by a 27% year-over-year increase in mine operating income and a robust cash position.
Key Highlights
- Revenue surged to $26.8M from $21.8M in the same quarter last year, driven by higher mining operations output.
- Mine operating income rose to $13.0M, compared to $10.2M in the second quarter of 2025.
- The company ended the period with a strong cash balance of $144.8M, an increase from $101.7M at the end of December 2025.
- Cash provided by operating activities reached $26.9M for the first half of 2026, compared to $9.1M in the prior year period.