Avino Silver & Gold Mines reports after the market closes on November 4. Analysts expect higher earnings than a year ago, but the company has missed estimates in each of its last four comparable quarters. That puts the focus on whether it can deliver this time.
Avino Silver & Gold Mines Ltd (TSX: ASM) is set to report results for the quarter ended September 30, 2026. The calendar consensus from two analysts is C$0.14 per share, up from C$0.07 a year earlier. Revenue consensus is US$55.73 million. Those estimates point to strong year-over-year growth, but they are forecasts, not reported results. You can follow ASM.TO on the ASM stock page.
Recent earnings trend
Avino Silver & Gold Mines Ltd
ASM.TO
ASM.TO
Avino Silver & Gold Mines Ltd
WealthAwesomeMarket cap
$1.04B
P/E
16.5x
52W high
$16.11
52W low
$5.67
1W change
-6.62%
Beta
3.02
Analyst Price Targets
Based on analyst covering ASM · as of Oct 13, 2026
Wall Street analysts forecast ASM stock price to rise 72.4% over the next 12 months.
Consensus
BullishBased on avg. target vs last close (formal rating unavailable for Canadian listings)
Avg. Target
C$10.47
+72.4% Upside
Previously C$9.20 on Sep 17, 2026
Current Price
C$6.07
Last close
Targets are snapshotted when they change. Unchanged figures keep their original date. Not financial advice.
Wealth Awesome Price Forecast
WA ModelStatistical 90-day price range based on ASM's historical volatility
30-Day Vol
57.0%
Annualized
90-Day Vol
69.1%
Annualized
Trend (90d)
-50.0%
Annualized drift
90d Mean
C$5.12
Expected price
| Horizon | Expected | 68% Range (1σ) |
|---|---|---|
| 30 trading days | C$5.77 | C$4.74 – C$7.02 |
| 60 trading days | C$5.43 | C$4.11 – C$7.18 |
| 90 trading days | C$5.12 | C$3.64 – C$7.20 |
Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ±1σ, 95% band = ±2σ. This is a statistical model, not a prediction. Past volatility does not guarantee future results. Not financial advice.
Analyst coverage: 2 analyst(s) cover this name; upcoming EPS consensus is available.
| Fiscal period | Report date | Actual EPS | Estimate | Surprise |
|---|---|---|---|---|
| 2026-09-30 | 2026-11-04 | — | 0.0300 | — |
| 2026-06-30 | 2026-08-12 | 0.0800 | 0.1300 | -38.5% |
| 2026-03-31 | 2026-05-13 | 0.1200 | 0.1300 | -7.7% |
| 2025-12-31 | 2026-03-10 | 0.0800 | 0.1100 | -27.3% |
| 2025-09-30 | 2025-11-06 | 0.0700 | 0.0800 | -12.5% |
| 2025-06-30 | 2025-08-13 | 0.0300 | 0.0500 | -40.0% |
Investor takeaway: The report will show whether higher production and revenue expectations are translating into earnings growth. Avino reported third-quarter silver-equivalent production of 582,836 ounces, up 2% from a year earlier. Silver output rose 15% to 303,189 ounces. The earnings calendar forecasts revenue growth of 87.4% and EPS growth of 96.7%. But the EPS consensus has fallen from C$0.16 to C$0.14 over the past 30 days. With just two analysts contributing, the estimate range of C$0.10 to C$0.18 is also worth noting.
C$0.14 per share
That’s the calendar consensus for the quarter ended September 30, based on two analysts. A year earlier, EPS was C$0.07. The estimate has slipped from C$0.16 over the past 30 days, and Avino missed consensus in each of its last four comparable quarters.
Bull case
The growth case rests on stronger silver production and work at La Preciosa. Avino said development at the project contributed 105,867 silver-equivalent ounces in Q3. The company’s Q2 release also reported revenue of US$26.8 million, up 23% year over year, and net income of US$10.9 million. If the latest quarter’s revenue and production support the forecast, EPS would be nearly double the year-ago figure. Avino also reported high-grade drill results at La Preciosa in October. Exploration results are uncertain, though, and don’t confirm near-term production or earnings.
Bear case
Avino has missed consensus EPS in each of its last four comparable quarters. Actual EPS was C$0.08 versus C$0.13 in June, C$0.12 versus C$0.13 in March, C$0.08 versus C$0.11 in December, and C$0.07 versus C$0.08 in September 2025. The latest consensus has also moved lower, with one downward revision and no upward revisions in the past month.
The share price closed at C$6.07, below its 50-day average of C$8.49 and its 200-day average of C$9.55. It was down 23.16% over the past month. Mining earnings also depend on realized metal prices, costs, grades, and operating conditions. The information provided doesn’t include September-quarter results for those factors.
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