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Bullboard - Stock Discussion Forum Avino Silver & Gold Mines Ltd T.ASM

Alternate Symbol(s):  ASM

Metals & Mining Industrial Metals & Minerals
Avino Silver & Gold Mines Ltd. is a silver producer from its wholly owned Avino Mine near Durango, Mexico. The Company also maintains a diversified pipeline of gold and base metals exploration properties. It operates the Elena Tolosa Mine (Avino Mine), which produces copper, silver and gold at the Avino property in the state of Durango, Mexico. The Avino property also hosts the San Gonzalo Mine... see more

TSX:ASM - Post Discussion

Avino Silver & Gold Mines Ltd > Interesting silver facts from First Majestic
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Post by phoenix_trader on Jul 15, 2021 4:44pm

Interesting silver facts from First Majestic

• Annual silver consumption is ~1.0B ounces • 80% sourced from mining, 20% sourced from recycling
•Over past 10 years, the silver industry has been in a 500M ounce physical deficit
•Silver is one of the world’s most reflective and best conductors of electricity
• 57% of silver consumption is from industrial applications – electronics, medicine, solar, water purification, window manufacturing, etc.
• Demand by sector: 57% industrial fabrication, 22% coins & bars, 17% jewelry, 4% silverware
• Scrap recycling is near historic lows!
• Current silver to gold mine supply ratio: 7:1


Also note FR's market cap is $4.4 bill Cdn.
FR's largest mine (San Dimas) has the same processing capability as ASM's Avino and the San Dimas' Ag grade is similar to the grades reported by ASM today. 

Even a $1 bill market cap for ASM would be nice. 

Production guidance is what is needed for renewed analyst coverage.
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Avino Silver & Gold Mines Ltd