Avino Silver & Gold Mines Ltd Dossier
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SectorMaterials IndustryOther Precious Metals & Mining Beta (adjusted)2.33 Intrinsic Value $7.94median of 6 methods · middle span $4-$16based on filings through 31 Dec 2025 Market Price $5.55Price as of 30 Sep 2026 UndervaluedIntrinsic value is 43% above the market price −50% · IV below pricenear fair value ±15%IV above price · +50% Data confidence Sign in to view data confidence Market Cap $942.7M Enterprise Value $847M Shares Outstanding 169.9M diluted Next Earnings Date5 Nov 2026 All prices and values are periodic snapshots, not live quotes. Source dates are shown for reference. ThesisStreet consensus, scenarios, merits, risks, and invalidation triggers Thesis Summary Avino Silver & Gold Mines Ltd. is at a transformational inflection point, transitioning from a single-asset producer to a multi-asset operator in Mexico. Backed by record-breaking Q1 2026 financial results, a robust silver price environment, and the release of its inaugural consolidated mineral reserve estimate of 127 million silver equivalent ounces, the company is well-positioned to execute its organic growth strategy. The fast-tracked development of the adjacent La Preciosa project serves as a near-term production catalyst, offering substantial production growth without external acquisition risks. This section is the 12-month view: analyst targets and the probability-weighted scenarios built from them. The intrinsic value at the top of this page answers a different question: what the business is worth today. Street view · analyst 12-month targets Low · most bearish analyst$7.00 Mean target$10.51 High · most bullish analyst$12.75 Our research · scenarios, merits, risks, and invalidation triggersResearch as of 18 Sep 2026 Scenarios · 12-month scenario targets Bear CaseDownside scenario $7.00 A sharp correction in precious metals prices pressures margins, while operational delays or equipment bottlenecks at the Avino processing facility slow down the La Preciosa ramp-up. Higher-than-expected cash costs and inflationary pressures in Mexico push AISC above guided levels, leading to capital conservation and slower organic growth execution. Base CaseCentral scenario $10.51 Matches the consensus meanAvino successfully executes its 30,000-meter drilling program and ramps up La Preciosa to 500 tonnes per day in H2 2026. Silver prices stabilize in the constructive $65-$75/oz range. Consolidated AISC remains within the guided $25.00 to $27.00 per payable AgEq oz, and the company meets its long-term production targets, driving steady valuation re-rating toward consensus analyst targets. Bull CaseUpside scenario $12.75 Silver prices remain sustained at multi-decade highs (above $75/oz), and the La Preciosa project ramps up ahead of schedule, exceeding the 500 tonnes per day target. The company successfully expands its mill throughput and delivers on its 5-year plan to triple production organically, leading to significant free cash flow generation, share buybacks, and multiple expansion as institutional ownership continues to rise. Scenarios are anchored to street consensus at the research date, with our probabilities and rationale. Key Investment Merits
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All scenarios are estimates and subject to change. Past performance is not indicative of future results. Quality Pillars MembersThis section is available to registered members. Create a free account or sign in to unlock the full breakdown. Explore this dossierValuationIntrinsic value, the six-method breakdown, peer medians, and your assumptions sandbox.Financial SnapshotRevenue, profitability, returns, balance sheet, dividends, and the filing-level detail.Qualitative AnalysisBusiness overview, strategic initiatives, and mergers, acquisitions & partnerships.Outlook & Key DatesForward estimates, reporting calendar, and the monitoring framework. |