Avino Reports Q3 Results, Cuts 2026 Production Guidance
Q3 revenue rose 59% year over year to $33.4 million, while net income was $6.1 million, or $0.03 per diluted share. Avino lowered its 2026 silver-equivalent production guidance to 2.2–2.5 million ounces from 2.4–2.7 million ounces.
Avino Silver & Gold Mines Ltd. reported Q3 2026 revenues of $33.4 million, a 59% increase compared to Q3 2025, with mine operating income rising 50% to $14.8 million. Net income for the quarter was $6.1 million, or $0.03 per diluted share, while adjusted earnings reached $14.3 million, or $0.08 per share. Alongside these results, the company revised its 2026 silver-equivalent production guidance to 2.2—2.5 million ounces, down from the previous range of 2.4—2.7 million ounces.
Management attributed the updated cost guidance to the lower production volume and noted that the company is continuing to ramp up development at its La Preciosa asset. The company also highlighted that 55% of its Q3 revenues were derived from silver production at an average realized price of $63.33 per ounce.