Should I buy Avino Silver & Gold Mines stock in 2025?

What is Avino Silver & Gold Mines?

How much is the Avino Silver & Gold Mines stock?

The price of Avino Silver & Gold Mines stock is falling this week. Currently trading at USD 3.13 per share, Avino has dipped -0.63% in the past 24 hours and -3.57% over the week, with a market capitalisation of USD 454.87 million.

Trading activity remains strong, averaging 3.82 million shares per day over the last three months. The company’s P/E ratio stands at 31.30, it pays no dividend, and its 5-year beta of 2.43 signals high volatility compared to the broader market.

Investors in New Zealand should be aware that while recent surges indicate potential, the stock’s sharp price swings merit careful consideration.

Our full analysis on the Avino Silver & Gold Mines stock

Following an extensive review of Avino Silver & Gold Mines Ltd.’s latest quarterly results and a thorough assessment of its stock performance over the last three years, a compelling picture emerges. Our holistic analysis, powered by proprietary algorithms that integrate financial indicators, technical signals, market data, and peer benchmarking, highlights multiple bullish dynamics underpinning ASM. So, why might Avino Silver & Gold Mines once again represent a strategic entry point into the precious metals mining sector as we head towards 2025?

Recent Performance and Market Context

Avino Silver & Gold Mines (NYSE American: ASM | TSX: ASM) has delivered an extraordinary run in the past twelve months, with the share price surging 192.52% year-on-year and nearly tripling over the last six months (+181.98%). Even with a modest weekly retracement of -3.57% at the end of May 2025, this upward trajectory signals renewed investor conviction, largely fuelled by robust quarterly execution and the broad resurgence of global interest in precious metals.

Key contributors to this breakout have been:

• Standout Q1 2025 results, where Avino substantially exceeded all analyst forecasts on revenue, profit, and operational efficiency.
• Operational milestones—notably, the successful start of underground expansion at La Preciosa (January 2025) and timely completion of critical equipment upgrades with minimal downtime.
• Record production: In Q1 2025, ASM produced 678,458 silver equivalent ounces (+8% YoY), underlining the scalability of its asset base amid rising silver and gold demand.

Macroeconomic context further favours the sector: persistently elevated inflation expectations, accommodative central bank policies globally, and geopolitical tensions have all drawn renewed attention to precious metals as a defensive and growth bet. For New Zealand investors seeking exposure beyond local markets, ASM illustrates the wealth-creation potential of well-run, transnational mining operations—especially given the sector’s ability to serve as both a volatility hedge and a leveraged play on commodity cycles.

Technical Analysis

ASM’s technical chart structure remains overwhelmingly constructive, despite some very short-term overbought signals:

• Relative Strength Index (14 days) at 73.97 places the stock in overbought territory, typically suggesting the need for a pause, but notably, ASM has repeatedly “walked the upper band” during this bullish leg with little mean reversion. Episodes of high RSI in strong uptrends more often reflect momentum than exhaustion.
• MACD (12,26,9) at 0.40, while showing a potential pause in recent days, remains above zero—a positive sign for medium-term trend sustainability.
• ADX (14) at 43.25 confirms the presence of a robust, established uptrend, with neutral undertones offset by recent surges in buying power.

Significantly, ASM’s price is well above all its key moving averages:

The share has repeatedly rebounded from major support at 3.82 CAD and is currently eyeing resistance near 4.87 CAD—a technical ceiling that, if breached, could herald a new bullish extension. Current price action resembles institutional accumulation ahead of further rerating, positioning ASM as an exciting candidate for those seeking exposure on pullbacks or continuation set-ups.

Fundamental Analysis

The core rationale underpinning renewed interest in ASM is its exceptional operational and financial turnaround:

• Revenue Growth: Q1 2025 revenue climbed 52% YoY to a record $18.8M USD—indicative of both improved throughput and effective price capture in rising metals markets.
• Profitability: Net income soared to $5.6M USD (0.04/share) versus $0.6M a year prior, while EBITDA ballooned by 466% YoY to $9.7M—demonstrating deep operational leverage.
• Margins: Gross margins reached $10.6M (+352% YoY), driven by higher grades, process improvements, and cost discipline.

On valuation, at a P/E ratio of 31.3, ASM stands at a premium to historical sector averages but remains justifiable given its outsized growth rates, debt-free balance sheet, and tangible resource expansion pipeline. The forward consensus price target of $3.26 USD implies additional upside, with many analysts arguing that the recent supply-side catalysts and multi-asset expansion story could warrant further upward revisions.

Structural strengths are also compelling:

• Asset Quality: ASM’s resource base now stands at 371M silver-equivalent ounces (NI 43-101 compliant), supporting a scalable, multi-cycle production plan.
• Geographical Advantage: 100% Mexican workforce and operational focus, leveraging cost-effective labour while benefiting from proximity to key global smelting hubs.
• Diversification: Production spans silver, gold, and copper—enabling natural hedging against single-metal downdrafts.

Volume and Liquidity

Trading liquidity is robust, with average daily volume over the past three months at 3.82 million shares—reflecting strong institutional and retail engagement. The public float sits at 136.89M shares, which, relative to ASM’s $454.9M market cap, drives a healthy rotational velocity and facilitates dynamic price discovery. Sustained high turnover underscores market confidence and sets a favourable stage for future valuation resets as the next phase of operational delivery unfolds.

Catalysts and Positive Outlook

A defining feature of ASM’s near- to medium-term bullish case lies in its rich pipeline of operational and strategic catalysts, including:

• La Preciosa Development: Full-scale mining development at this high-grade asset commenced in January 2025, aligning ASM to transition into a multi-asset producer and materially expanding total output in the back half of the year.
• 2025 Production Target: Aiming to produce up to 2.8 million silver-equivalent ounces by year-end marks a significant leap—one likely to be well received by analysts and the market, given the dearth of new supply across the sector.
• Balance Sheet Strength: Working capital of $31.3M (no debt) and cash reserves over $26.6M provide significant flexibility for future exploration, operational expansion, and opportunistic M&A, ensuring ASM is not constrained by external funding risks.
• Commodity Price Tailwinds: As a direct beneficiary of rising gold and silver prices in a context of global uncertainty and central bank accumulation, ASM is ideally positioned to capitalize on favourable macro tailwinds.
• ESG and Innovation: Notably, ASM has been an early mover in adopting dry stack tailings disposal, a lower-impact technology that is increasingly prized by regulators and institutional investors alike.

The upcoming Q2 results in August 2025 and ongoing progress updates on La Preciosa are poised as key revaluation events for the stock—each offering potential inflection points for the share price.

Investment Strategies

Given ASM’s high beta and recent momentum, the stock appeals to a variety of investment horizons:

• Short-Term:
• Technical pullbacks to the 3.66–3.82 CAD range appear well-supported, providing attractive entry points for tactically minded investors anticipating post-earnings rallies or new highs triggered by operational updates.
• Medium-Term:
• With the La Preciosa expansion hitting stride and output expected to ramp up through H2 2025, investors seeking to capture a multi-quarter growth narrative will likely find ASM’s current consolidation phase compelling.
• Long-Term:
• ASM’s resource base, innovation credentials, and balance sheet integrity set the foundation for multi-year operational and valuation upside—potentially delivering differentiated returns as the group matures into a mid-tier diversified producer.
• The prospectus filing (May 2025) points to sustained M&A or project investment agility, extending the window for compounding growth.

Is It the Right Time to Buy Avino Silver & Gold Mines?

In summation, Avino Silver & Gold Mines presents a convincing combination of exceptional recent operating results, an ambitious and well-capitalised growth roadmap, and clear evidence of market re-rating momentum. The fundamentals—rapid revenue and earnings expansion, robust production growth, and diligent capital allocation—justify renewed interest from investors craving exposure to the high-leverage, high-upside dynamics of the global precious metals space.

With technicals showing the potential for further advances following a period of digestion, and a sequence of high-impact corporate catalysts on the immediate horizon, ASM presently seems to represent an excellent opportunity for those seeking to benefit from both the cyclical upswing in commodity markets and the company’s internal execution.

For New Zealand and international investors alike, Avino Silver & Gold Mines stands out as a well-managed, operationally resilient, and strategically ambitious platform at the frontier of the mining sector’s next growth wave. With all eyes on its upcoming results and major project milestones, this stock may well be entering a new bullish phase—one deserving of serious consideration for those positioning ahead of the next upturn.

The coming months could prove transformative for Avino Silver & Gold Mines, and the current backdrop provides a highly compelling window of opportunity for those seeking meaningful exposure to the surging momentum of the precious metals sector.

How to buy Avino Silver & Gold Mines stock in New Zealand?

Buying shares in Avino Silver & Gold Mines (ASM) online is both straightforward and safe for New Zealand investors, thanks to regulated brokers that offer a secure trading environment. You can purchase ASM shares directly on major international exchanges, or trade them via Contracts for Difference (CFDs), each method with its own advantages. Spot buying means you own the actual shares, while CFD trading lets you speculate on price movements with leverage. Both options are accessible online with a few clicks. To help you choose, you’ll find a comprehensive broker comparison further down this page.

Spot Buying

A cash purchase of Avino Silver & Gold Mines shares means you buy and hold the underlying stock in your brokerage account. With this method, you participate directly in the company’s performance. Most New Zealand-friendly brokers offering access to U.S. or Canadian markets charge a fixed commission per order, typically ranging from NZD $6–$15.

Example

For example, if the ASM share price is USD $3.13 (approx. NZD $5.00 as of May 2025), you could buy about 199 shares with a NZD $1,000 stake, including a brokerage fee of around $10.
✔️ Gain scenario:
If the share price rises by 10% (to around NZD $5.50), your shares would now be worth NZD $1,100.
Result: That’s a NZD $100 gross gain, or +10% return on your initial investment, excluding currency fluctuations and fees.

Trading via CFD

CFD trading on Avino Silver & Gold Mines lets you speculate on share price movements without owning the underlying stock. With CFDs, you pay a spread (the difference between buy/sell prices) and — if your position is open overnight — overnight financing fees. CFDs allow you to use leverage, amplifying your exposure but also your risk. For instance, with a NZD $1,000 margin and 5x leverage, you control a NZD $5,000 position on ASM shares.

Example

✔️ Gain scenario:
If the ASM share price rises by 8%, your leveraged position increases by 40% (8% × 5 = 40%).
Result: That’s a NZD $400 gain on your original NZD $1,000 margin (excluding spreads and overnight fees).

Final Advice

Before investing in Avino Silver & Gold Mines shares, it’s essential to compare brokers’ fees, trading platforms, and support for international markets. Your best option will depend on your investment objectives: spot buying is ideal for long-term investors seeking ownership, while CFDs can suit active traders looking for short-term opportunities. For more guidance and to find the best broker for your needs, check out the comparison table further down this page.

Our 7 tips for buying Avino Silver & Gold Mines stock

The latest news about Avino Silver & Gold Mines

Avino Silver & Gold Mines has reported record Q1 2025 financial performance, surpassing analyst expectations on all key metrics. In the most recent quarter, the company achieved revenue of USD 18.8 million, a year-on-year increase of 52%, and net profit reached USD 5.6 million, a significant jump from USD 0.6 million the prior year. Notably, EBITDA surged by 466% to USD 9.7 million and gross margin rose 352% to USD 10.6 million. These strong results drove a series of analyst upgrades and are seen as a robust signal for medium-term growth, strongly reinforcing the "Strong Buy" consensus in the market.

Significant operational progress was made with the start of underground development at the La Preciosa project in January 2025. Having obtained all required permits, Avino commenced mine development, representing an important milestone in its strategy to become a multi-asset producer. In parallel, the company has completed a major crusher replacement during Q1, limiting downtime, and achieved record silver-equivalent output of 678,458 ounces, up 8% year-on-year. These operational advances increase output, efficiency, and resource longevity—key factors for future valuation and a clear positive for internationally diversified investors, including those in New Zealand.

Avino's balance sheet remains strong, with no debt and record working capital, providing resilience amid market volatility. The company ended the period with a USD 31.3 million working capital position and USD 26.6 million in cash, with no outstanding debt. Its diversified production profile—including silver, gold, and copper—buffers against single commodity swings and positions the business as a direct beneficiary of current bullish trends in precious metal prices. For New Zealand investors, this financial strength and industry exposure offer an effective hedge in demand for precious metals, especially relevant amid inflationary pressures and global economic uncertainty.

The technical outlook remains constructive, with momentum supported by a strong uptrend and price action above key moving averages. While the stock’s 6-month gain stands at nearly 182% and it has outperformed over the past year (+192.5%), short-term technicals—such as a high RSI (73.97) and positive signals from both the 20- and 50-day moving averages—suggest continued positive momentum but also warrant caution regarding potential overextension or volatility, which is elevated with a 5-year beta of 2.43. The technical framework offers entry points for active investors, provided their risk tolerance matches the stock's inherent swings.

There is currently no direct business presence or partnership in New Zealand, but regulatory and tax frameworks should be considered for local investors. As Avino is listed on North American exchanges and headquartered in Canada, New Zealand investors can access the stock via international brokerage accounts. Tax considerations apply according to Canadian law and NZ-Canada treaty arrangements, especially since the company currently pays no dividend. The exposure to global metals cycles, strong corporate governance, and growth outlook, however, may hold specific appeal to NZ investors seeking diversification from domestic micro-cap stocks or wishing to leverage global resource trends.

FAQ

P. Laurore

Finance expert

Co-founder of HelloSafe and holder of a Master's degree in finance, Pauline has recognised expertise in personal finance, which she uses to help users better understand and optimise their financial choices. At HelloSafe, Pauline plays a key role in designing clear, educational content on savings, investments and personal finance. Passionate about financial education, Pauline strives, with every piece of content she oversees, to provide reliable, transparent and unbiased information for independent and informed financial management. To this end, she has tested over 100 trading platforms to help internet users make the right choices.