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Avino Silver & Gold Mines Ltd T.ASM

Alternate Symbol(s):  ASM

Avino Silver & Gold Mines Ltd. is a Canada-based mining and exploration company. The Company is engaged in the production and sale of silver, gold, and copper and the acquisition, exploration, and advancement of mineral properties. It operates the Avino Mine, which produces copper, silver and gold at the Avino property in the state of Durango, Mexico. The Avino Property covers approximately 1,104 contiguous hectares and is located approximately 80 km north-east of the city of Durango. The Company's mineral claims in Mexico are divided into four groups: Avino mine area property, Gomez Palacio/Ana Maria property, Santiago Papasquiaro property and Unification La Platosa properties. The Company’s La Preciosa consists of over 15 exploration concessions totaling 6,011 hectares located in Durango, Mexico, within the municipalities of Panuco de Coronado and Canatlan. The Company also owns interests in mineral properties located in British Columbia and Yukon, Canada.


TSX:ASM - Post by User

Comment by 666999on Mar 06, 2022 8:46am
247 Views
Post# 34487806

RE:Looking back at the charts

RE:Looking back at the chartsIt was short squeeze, when Ag price was pushed above 30...if we compare grade, yearly production and resource, to other mines, Mkt cap should be 250-300 M Cad, plant was upgraded, Copper production is up by 2x, 5.5% stake in TSK, and La Preciosa property company will buy with cash, no debt etc., so its easy to see ASM is undervalued, I think investors are waiting for financials and closing of deal with Agnico, on other side mine was closed, but this is behind and production Q4 numbers were good, Cheers
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