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ASMBullishCorporate Developmentsnews
High materiality7/10

Avino Q2 2026 results show La Preciosa ramp and stronger 2H

Jul 22, 2026, 7:18 AM EDT1 sourcesAI-analyzed
Why it may matterVerify against the original reporting

Solid Q2 output with La Preciosa ramp; reserve upgrades imply higher long-term value; share buyback tightens float; catalysts include Aug 12 earnings and potential further clarity on margins and cash flow.

AI summary

What happened, with direct paths to the underlying reporting

Avino reported Q2 2026 production of 267,305 oz silver, 2,178 oz gold, and 729,929 lb copper, totaling 534,945 AgEq oz. La Preciosa development ore rose 59% QoQ, with mill throughput at 184,293 tonnes. Management expects 2026 production to tilt to the second half as La Preciosa ramps, supported by inaugural reserves of 95 Moz Ag, 0.41 g/t Au, and 85 M lbs Cu.

  • Q2 2026: 267k oz Ag, 2.18k oz Au, 730k lb Cu; 534.9k AgEq.
  • La Preciosa contributed 100,658 AgEq oz; 84,806 Ag oz, 182 Au oz.
  • Mill throughput: 184,293 tonnes; La Preciosa development above plan.
  • Inaugural reserves: 27 Mt, 95 Moz Ag, 356 koz Au, 85 M lbs Cu.
  • NCIB: Avino repurchased 508,039 shares; up to 8.43M by Apr 2027.

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