Core Insights - Avino Silver & Gold Mines Ltd. (ASM) is expected to report a year-over-year decline in earnings despite a revenue increase when it releases its third-quarter 2025 results on November 6, with revenues projected at $19.60 million, reflecting a 34.1% growth year-over-year, while earnings are estimated to drop by 25% to three cents per share [1][5]. Revenue and Earnings Estimates - The Zacks Consensus Estimate for Avino Silver's third-quarter revenues is $19.60 million, indicating a year-over-year growth of 34.1% [1]. - The consensus estimate for earnings has remained unchanged at three cents per share, representing a 25% decline from the same quarter last year [1]. Production and Performance Factors - Silver-equivalent production for Q3 is expected to be 580,780 ounces, down 13% from the previous year, attributed to lower feed grades in silver, gold, and copper [6][5]. - Gold production increased by 19% to 1,935 ounces due to higher tons processed and improved recoveries, while silver production decreased by 7% to 263,231 ounces, and copper production fell by 26% to 1.31 million pounds [7][5]. Metal Prices Impact - Average silver prices rose to approximately $40 per ounce, a 34% increase year-over-year, while gold prices averaged around $3,500 per ounce, up 41% year-over-year, and copper prices strengthened by 14% [8][9]. - Increased metal prices are expected to positively impact ASM's top-line results, although this may be offset by lower production levels and higher operational costs [9]. Earnings Surprise History - Avino Silver has consistently beaten the Zacks Consensus Estimate in the past four quarters, with an average earnings surprise of 141.67% [2][3]. Stock Performance - Avino Silver's stock has surged 379% year-to-date, significantly outperforming the industry average growth of 98.9% [12].

Group 1 - Avino Silver & Gold Mines Ltd. will participate in the 51st Annual New Orleans Investment Conference from November 2 to 5, 2025, with VP Technical Services Peter Latta presenting on November 3 [1] - The New Orleans Investment Conference is a prominent event that gathers successful analysts, newsletter writers, and investors to discuss major asset classes, including equities [2] - Avino is a silver producer operating the Avino Mine in Mexico, with unhedged production of silver, gold, and copper, and aims for sustainable and profitable mining operations [3] Group 2 - The New Orleans Investment Conference serves as a platform for sophisticated investors to discover new opportunities, exchange ideas, and plan for the upcoming year [4] - The conference has featured notable speakers over the past 50 years, including political figures and economists, highlighting its significance in the investment community [5] - This year's speaker lineup includes various influential figures in finance and investment, indicating a diverse range of insights and strategies to be shared [6]

Group 1 - Franco-Nevada (FNV) is outperforming its peers in the Basic Materials sector with a year-to-date return of 58.6%, compared to the sector average of 20.8% [4] - The Zacks Rank for Franco-Nevada is 1 (Strong Buy), indicating a positive earnings outlook with a 6.4% increase in the consensus estimate for full-year earnings over the past 90 days [3] - The Mining - Gold industry, which includes Franco-Nevada, has seen stocks gain about 102.1% this year, indicating that FNV is slightly underperforming its industry group [5] Group 2 - Avino Silver (ASM) has significantly outperformed the sector with a return of 443.7% year-to-date and has a Zacks Rank of 2 (Buy) [4][5] - The Mining - Silver industry, to which Avino Silver belongs, is ranked 5 and has moved +99.6% so far this year [6] - Investors should continue to monitor both Franco-Nevada and Avino Silver for potential sustained performance in the Basic Materials sector [6]

Core Viewpoint - ASM International reported third-quarter bookings that fell below market expectations, primarily due to a significant decline in orders from Chinese chipmakers [1] Company Summary - ASM International is a manufacturer of computer chip equipment [1] - The company experienced a larger-than-expected drop in orders, particularly from the Chinese market [1] Industry Summary - The semiconductor industry is facing challenges, particularly with demand from Chinese chipmakers decreasing [1]

Financial Performance - ASM International reported Q3 2025 revenue of €800 million, an increase of 8% year-on-year at constant currencies, and approximately flat compared to Q2 2025 [2][3] - New orders totaled €637 million in Q3 2025, reflecting a 17% decrease year-on-year at constant currencies and a 7% sequential decline compared to Q2 2025 [2][5] - Gross profit margin improved to 51.9% in Q3 2025 from 49.4% in Q3 2024, supported by a favorable sales mix, particularly from China [2][4] Market Dynamics - The decline in new orders was primarily driven by a significant drop in bookings from the Chinese market, influenced by recent export restrictions [5][7] - Advanced logic/foundry orders showed strong sequential growth, although below prior expectations, while demand in power/analog/wafer markets remained weak [6][7] - The company anticipates a recovery in order trends in 2026, driven by investments in advanced logic/foundry and DRAM segments [7][9] Strategic Outlook - ASM aims for revenue growth of close to 10% at constant currencies for the full year 2025, with Q4 2025 revenue projected between €630 million and €660 million [9] - The company has set a long-term revenue target of more than €5.7 billion by 2030, indicating a compound annual growth rate (CAGR) of at least 12% [8][11] - Continued investment in R&D is planned, with a 10% increase in R&D spending, while SG&A expenses are expected to decrease [4][15] Shareholder Returns - ASM completed a €150 million share buyback program in Q3 2025, repurchasing 322,533 shares at an average price of €465.07 [10]

Core Viewpoint - Avino Silver & Gold Mines Ltd. has reported results from four additional drill holes at La Preciosa, aimed at twinning previous drilling efforts [1] Group 1 - The company is focused on enhancing its drilling program at La Preciosa to validate and improve upon earlier drilling results [1] - The new drill holes are part of a strategic initiative to increase resource confidence and support future mining operations [1]

Group 1: Avino Silver & Gold Mines Ltd. (ASM) - Avino Silver & Gold Mines Ltd. has a Zacks Rank 1 and its current year earnings estimate increased by 18.2% over the last 60 days [1] - The company's shares gained 43.1% over the last three months, outperforming the S&P 500's advance of 5.4% [1] - Avino possesses a Momentum Score of A [1] Group 2: IGC Pharma, Inc. (IGC) - IGC Pharma, Inc. has a Zacks Rank 1 and its current year earnings estimate increased by 27.3% over the last 60 days [2] - The company's shares gained 26.1% over the past six months, compared to the S&P 500's advance of 21.8% [2] - IGC possesses a Momentum Score of B [2] Group 3: Royal Bank of Canada (RY) - Royal Bank of Canada has a Zacks Rank 1 and its current year earnings estimate increased by 5.3% over the last 60 days [3] - The company's shares gained 11.7% over the last three months, in line with the S&P 500's advance of 5.4% [3] - Royal Bank of Canada possesses a Momentum Score of A [3]

Group 1: Stocks with Strong Earnings Estimates - IGC Pharma, Inc. (IGC) has seen a 27.3% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days [1] - SCOR SE (SCRYY) has experienced a 6% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days [1] - Royal Bank of Canada (RY) has seen a 5.3% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days [2] - Universal Insurance Holdings, Inc. (UVE) has experienced a significant 63.8% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days [2] - Avino Silver & Gold Mines Ltd. (ASM) has seen an 18.2% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days [3] Group 2: Zacks Rank 1 (Strong Buy) Stocks - A complete list of today's Zacks 1 Rank (Strong Buy) stocks is available [4]

Core Viewpoint - Avino Silver (ASM) has been upgraded to a Zacks Rank 1 (Strong Buy), indicating a positive outlook driven by rising earnings estimates, which significantly influence stock prices [1][3]. Earnings Estimates and Stock Price Movement - The Zacks rating system emphasizes the importance of changing earnings estimates, which are strongly correlated with near-term stock price movements [4][6]. - Institutional investors utilize earnings estimates to determine the fair value of stocks, leading to buying or selling actions that affect stock prices [4]. Recent Performance of Avino Silver - Avino Silver's earnings estimates have increased by 30% over the past three months, with expectations of earning $0.13 per share for the fiscal year ending December 2025, unchanged from the previous year [8]. - The upgrade to Zacks Rank 1 places Avino Silver in the top 5% of Zacks-covered stocks, suggesting potential for higher stock prices in the near term [10]. Zacks Rank System - The Zacks Rank system classifies stocks into five groups based on earnings estimates, with a proven track record of Zacks Rank 1 stocks generating an average annual return of +25% since 1988 [7]. - The system maintains a balanced distribution of ratings, ensuring that only the top 20% of stocks are recognized for superior earnings estimate revisions [9][10].

Core Insights - Avino Silver (ASM) shares experienced a significant increase of 17.5% to $6.51, with a notable trading volume, contributing to a total gain of 24.5% over the past four weeks [1] Production and Performance - In Q3 2025, Avino Silver produced 580,780 silver equivalent ounces, reflecting a 13% year-over-year decrease, but aligned with expectations due to routine mine sequencing [2] - The company achieved a 21% increase in mill throughput, processing 188,757 tons of material, attributed to prior upgrades and automation enhancements [2] - Gold output rose by 19% year-over-year to 1,935 ounces, while silver production decreased by 7% to 263,231 ounces, and copper production fell by 26% to 1.3 million pounds [3] - Year-to-date production stands at 1.9 million silver equivalent ounces, keeping the company on track to meet its 2025 production estimate of 2.5-2.8 million silver equivalent ounces [3] - Advancements at La Preciosa are reportedly ahead of schedule [3] Earnings Expectations - The company is projected to report quarterly earnings of $0.03 per share, indicating a 25% year-over-year decline, while revenues are expected to reach $20.6 million, a 40.9% increase from the previous year [4] - Over the last 30 days, the consensus EPS estimate for Avino Silver has been revised 66.7% higher, suggesting a positive trend that may lead to price appreciation [5] Industry Context - Avino Silver holds a Zacks Rank of 2 (Buy), indicating a favorable outlook within the Zacks Mining - Silver industry [6] - Pan American Silver (PAAS), a peer in the same industry, saw a 3.7% increase in its stock price, closing at $41.01, with a 9.2% return over the past month [6] - PAAS's consensus EPS estimate has increased by 7.7% over the past month to $0.52, reflecting a 62.5% change compared to the previous year [7]