Avino Silver & Gold Mines (ASM) Stock

Avino Silver & Gold Mines Ltd. (NYSE:ASM ) Q3 2024 Earnings Conference Call November 13, 2024 11:00 AM ET Company Participants Jennifer North - Head of Investor Relations David Wolfin - President and Chief Executive Officer Nathan Harte - Chief Financial Officer Conference Call Participants Heiko Ihle - H.C.

Avino Silver reports improved Q3 revenues and earnings on higher metal prices. It affirms its 2024 production guidance at 2.5-2.8 million of silver equivalent ounces.

Avino Silver (ASM) came out with quarterly earnings of $0.04 per share, beating the Zacks Consensus Estimate of $0.02 per share. This compares to earnings of $0.01 per share a year ago.

Avino Silver & Gold offers significant leverage to rising precious metals prices, both from increasing production rates and a sizable resource base. Quickly improving cash flow/profitability and a conservative balance sheet round out the bullish case. Elevated precious metals prices and ambitious production growth plans could dramatically increase Avino's valuation, potentially supporting a share quote as high as $20 in 3-5 years.

Almere, The Netherlands November 12, 2024, 6:00 p.m. CET ASM international N.V.

Avino Silver (ASM) concluded the recent trading session at $1.19, signifying a -0.83% move from its prior day's close.

ASM International reported strong 3Q24 results, driven by robust demand for GAA and HBM technologies. Concerns about potential normalization of spending in China and stricter export controls may impact revenue and margins. Strong underlying demand from other key markets, potential upside from a less restrictive export environment, and solid long-term growth prospects make ASMIY an attractive investment opportunity.

ASM is the leader in atomic layer deposition equipment, an essential tool for transitioning toward new transistor structures ("GAA"). Gate all-around transistors enable the newest generations of logic chips used in AI applications and new High-Bandwidth memories used in data centers. Despite recent concerns about industry CAPEX cuts, ASM just raised its FY25 revenue guidance as AI-related spending remains strong.

Almere, The Netherlands October 29, 2024, 6 p.m. CET AI-related demand drives robust growth in bookings and revenue ASM International N.V.