Avino Silver (AMEX:ASM) production and sale of silver, gold, and copper, is expected to report third quarter earnings results, after market close, on Monday 9th November 2020.
Previous Quarter Performance
Avino Silver unwinded loss for the second quarter of $ 0.02 per share, from the revenue of $ 4.84 million. Wall street analysts are predicting, ASM to report 2Q20 income of $ 0.02 per share from revenue of $ 8.73 million. The bottom line results missed street analysts by $ 0.04 or 200 percent, at the same time, top line results fell short of analysts by $ 3.89 million or 44.56 percent.
Stock Performance
On Friday, shares of Avino Silver has traded high as $ 1.16 and has cracked $ 1.09 on the downward trend, reaching $ 1.12 with volume of 1.13 million shares.
According to the previous trading day, closing price of $ 1.12, representing a 330.77 % increase from the 52 week low of $ 0.26 and a 24.83 % decrease over the 52 week high of $ 1.49.
The company has a market capital of $ 95.98 million and is part of the Basic Materials sector and Silver industry.
Avino Silver & Gold Mines Ltd., together with its subsidiaries, engages in the acquisition, exploration, and advancement of mineral properties in Canada. It primarily explores for gold, silver, and copper deposits. The company owns interests in 42 mineral claims and 4 leased mineral claims comprising Avino mine area property comprising 4 concessions covering 154.4 hectares, 24 exploitation concessions covering 1,284.7 hectares, and 1 leased exploitation concession covering 98.83 hectares; Gomez Palacio property comprises 9 exploration concessions covering 2,549 hectares; Santiago Papasquiaro property comprising 4 exploration concessions covering 2,552.6 hectares and 1 exploitation concession covering 602.9 hectares; and Unification La Platosa properties comprising 3 leased concessions located in the state of Durango, Mexico.
