Avino Reports Record Q1 2025 Financial Performance

Avino Silver & Gold Mines Ltd., a prominent silver producer in Mexico, has announced record financial results for the first quarter of 2025. The company achieved a significant net income of $5.6 million, marking an increase from both Q1 2024 and Q4 2024 figures. Revenues surged by 52% due to elevated metal prices and consistent production.

Operating costs saw a reduction, resulting in enhanced margins and a robust financial position. The company reported record gross profit at $10.6 million, attributed to unit cost reductions and favorable currency movements. Additionally, Avino's EBITDA rose by 466% from Q1 2024, highlighting the company's efficient operational management.

Production metrics also improved, with silver equivalent production up by 8%. This increase was driven by enhanced grades and higher production of all three key metals: silver, gold, and copper. Avino's strategic focus on growth at La Preciosa and adherence to stringent ESG practices further underpins their commitment to long-term sustainability.