Avino Silver (AMEX:ASM) is reporting second quarter financial results on Tuesday 11th August 2020, after market close.
Previous Quarter Performance
Avino Silver announced for the first quarter of per share, from the revenue of $ 7.12 million. The quarterly earnings down 50.00 percent compared with the same quarter last year. Wall street analysts are predicting, ASM to report 1Q20 income of $ 0.02 per share from revenue of $ 8.73 million. The bottom line results beat street analysts by $ 0.09 or 450.00 percent, at the same time, top line results fell short of analysts by $ 1.61 million or 18.44 percent.
wpDataChart with provided ID not found! wpDataTable with provided ID not found!Stock Performance
According to the previous trading day, closing price of ASM was $ 1.25, representing a 380.77 % increase from the 52 week low of $ 0.26 and a 16.11 % decrease over the 52 week high of $ 1.49.
The company has a market capital of $ 105.10 million and is part of the Basic Materials sector and Silver industry.
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Avino Silver & Gold Mines Ltd., together with its subsidiaries, engages in the acquisition, exploration, and advancement of mineral properties in Canada. It primarily explores for gold, silver, and copper deposits. The company owns interests in 42 mineral claims and 4 leased mineral claims comprising Avino mine area property comprising 4 concessions covering 154.4 hectares, 24 exploitation concessions covering 1,284.7 hectares, and 1 leased exploitation concession covering 98.83 hectares; Gomez Palacio property comprises 9 exploration concessions covering 2,549 hectares; Santiago Papasquiaro property comprising 4 exploration concessions covering 2,552.6 hectares and 1 exploitation concession covering 602.9 hectares; and Unification La Platosa properties comprising 3 leased concessions located in the state of Durango, Mexico.
