Momentum investing revolves around the idea of following a stock's recent trend in either direction. In the 'long' context, investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.Even though momentum is a popular stock char ...

Group 1 - ASM International N.V. has conducted share repurchases totaling 9,965 shares at an average price of €488.54, amounting to a total repurchased value of €4,868,287 [1][2] - The share buyback program initiated on April 30, 2025, has a total budget of €150 million, with 10.7% of the program completed to date [2] - ASM International specializes in designing and manufacturing equipment and process solutions for semiconductor device production, with operations in the United States, Europe, and Asia [2] Group 2 - The company's common stock is traded on the Euronext Amsterdam Stock Exchange under the symbol ASM [2] - The press release contains inside information as defined by the EU Market Abuse Regulation [3]

Core Insights - Avino Silver & Gold Mines Ltd. (ASM) reported a significant increase in earnings per share, reaching 7 cents for Q1 2025, a 250% rise from 2 cents in Q1 2024, driven by higher metal prices [1] - The company's revenues surged by 52% year over year to $19 million, exceeding the Zacks Consensus Estimate of $18 million [2] - Avino Silver achieved a record mine-operating profit of $10.6 million, a 352% increase from $2.3 million in the previous year [3] Financial Performance - The earnings per share surpassed the Zacks Consensus Estimate of 3 cents, with one-time items included, resulting in earnings of 4 cents compared to break-even in the same quarter last year [1] - EBITDA for the quarter was reported at $9.7 million, a 466% increase from $1.7 million in the year-ago quarter [3] - Cash costs decreased by 15% to $12.62 per silver equivalent payable ounce, while consolidated all-in sustaining costs were slightly lower at $20.08 compared to $20.23 in Q1 2024 [2] Production Metrics - Avino Silver produced 678,458 silver equivalent ounces, an 8% increase year over year, including 265,681 ounces of silver, 2,225 ounces of gold, and 1,604,343 pounds of copper [4] - Silver production rose by 6%, gold output increased by 25%, and copper production grew by 19% [4] Stock Performance - The company's stock price has increased by 170% over the past year, contrasting with a 9.1% decline in the industry [5] Peer Comparisons - Hecla Mining Company reported adjusted earnings per share of 4 cents, a 37.4% revenue increase year over year to $261 million [9] - Pan American Silver Corp. posted adjusted earnings per share of 42 cents, with revenues rising 28.6% year over year to $773 million [10] - Fortuna Mining Corp. reported adjusted earnings per share of 20 cents, with revenues increasing by 28.9% year over year to $290 million [11]

Financial Data and Key Metrics Changes - Avino reported record earnings in Q1 2025, with revenues of CAD 18.8 million, up 52% from Q1 2024, marking the second highest in company history [15] - Gross profit reached a record CAD 10.6 million, with a gross profit margin of 56%, significantly improved from 19% in Q1 2024 [16] - Net income for the quarter was CAD 5.6 million, translating to earnings per share of CAD 0.04, up from CAD 5.1 million in the previous quarter [16][18] - Cash cost per silver equivalent ounce was CAD 12.62, the lowest since 2022, while all-in cash cost was around CAD 20 per ounce, below the 2024 average [17][20] Business Line Data and Key Metrics Changes - Silver equivalent production increased by 8% to 678,000 ounces, driven by improved grades in silver, gold, and copper [9] - Gold production rose by 25% to 2,225 ounces, attributed to a 17% increase in feed grade and a 75% improvement in recoveries [9] - Copper production increased by 19% to 1.6 million pounds, with a 17% improvement in feed grade and recoveries rising to 87% [9][10] - Silver production increased by 6% to 265,681 ounces, with a 10% increase in feed grade [10] Market Data and Key Metrics Changes - The company noted a positive trend in metal prices, with silver and gold showing strength in the market [27] - The cash position at the end of the quarter was CAD 26.6 million, consistent with the previous year-end levels [18] Company Strategy and Development Direction - Avino is focused on organic growth, with a clear strategy to advance its operations and development at La Preciosa [7][8] - The company aims to scale up production by 2029 through its three assets within a 20-kilometer footprint, totaling 371 million silver equivalent mineral resources [28] - Management is exploring opportunities to accelerate expansion plans while remaining disciplined in capital allocation [84] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in continuing momentum and growth, with a strong balance sheet and record working capital [8][29] - The company is on track to meet its 2025 annual production guidance of 2.5 to 2.8 million ounces of silver equivalent [11] - Management indicated that meaningful income from La Preciosa is expected in 2026, with potential upside if development progresses faster [51] Other Important Information - The company has initiated several ESG and CSR initiatives, focusing on health, clean energy, and community support [23][24] - A dedicated CSR team has been added to La Preciosa to tailor community engagement efforts [26] Q&A Session Summary Question: Plans to accelerate La Preciosa development - Management is considering increasing ramp development and potentially adding another portal to accelerate plans [34] Question: Expansion of exploration program - The company is continuing drilling at ET and exploring additional targets, pending upgrades to drilling equipment [35] Question: Thoughts on hedging gold or silver - Currently, the company is not considering hedging gold or silver due to market volatility [41] Question: Potential for M&A activity - Management is focused on internal growth plans and not looking at M&A opportunities at this stage [42] Question: Expectations for Q2 operating income - Management expects fluctuations in grades but is optimistic about maintaining strong operating income if metal prices hold [50] Question: Recovery rates for metals - The increase in gold recovery is attributed to mineralogy, while the decrease in silver recovery is explained by variations in mineral composition [70]

Avino Silver & Gold Mines Ltd (ASM) Q1 2025 Earnings Call May 14, 2025 11:00 AM ET Speaker0 and welcome to the Avino Silver and Gold Mines First Quarter twenty twenty five Financial Results Conference Call and Webcast. As a reminder, all participants are in a listen only mode and the conference is being recorded. After the presentation, there will be an opportunity to ask questions. I would now like to turn the conference over to Jennifer North, Head of Investor Relations. Ma'am, please go ahead. Speaker1 T ...

Company Performance - Avino Silver (ASM) reported quarterly earnings of $0.07 per share, exceeding the Zacks Consensus Estimate of $0.03 per share, and up from $0.02 per share a year ago, representing an earnings surprise of 133.33% [1] - The company achieved revenues of $18.84 million for the quarter ended March 2025, surpassing the Zacks Consensus Estimate by 5.23%, compared to $12.39 million in the same quarter last year [2] - Over the last four quarters, Avino Silver has consistently surpassed consensus EPS estimates four times and topped revenue estimates three times [2] Stock Performance - Avino Silver shares have increased approximately 172.4% since the beginning of the year, while the S&P 500 has declined by 0.6% [3] - The current consensus EPS estimate for the upcoming quarter is $0.02 on revenues of $17.5 million, and for the current fiscal year, it is $0.08 on revenues of $71.5 million [7] Industry Outlook - The Mining - Silver industry, to which Avino Silver belongs, is currently ranked in the top 1% of over 250 Zacks industries, indicating a favorable outlook [8] - Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions, suggesting that the industry outlook can significantly impact stock performance [5][8]

Financial Performance - Record Q4 2024 revenues of $244 million, a 95% increase compared to Q4 2023's $125 million[19, 21] - FY 2024 revenues reached a record $662 million, a 51% increase from $439 million in FY 2023[19, 21] - Net income for FY 2024 was $81 million, or $006 per share, significantly higher than the $05 million in FY 2023[19, 21] - Free cash flow generation for FY 2024 was $165 million, a 335% increase compared to $(70) million in FY 2023[19, 21] Production and Costs - 2024 production reached 26 million silver equivalent ounces[12] - 2025 production target is set between 25 million and 28 million silver equivalent ounces[12] - Cash costs per silver equivalent ounce in FY 2024 were $1484, a 5% reduction from FY 2023[24] - All-in sustaining cash costs per silver equivalent ounce in FY 2024 were $2057, a 6% reduction from FY 2023[24] La Preciosa & Oxide Tailings Project - Consolidated NI 43-101 mineral resources total 371 million silver equivalent ounces as of October 16, 2023[12] - Oxide Tailings Project has proven and probable mineral reserves of 67 million tonnes at a silver grade of 55 g/t and a gold grade of 047 g/t[12] - La Preciosa property contains indicated resources of 174 million tonnes with 176 g/t Ag and 034 g/t Au, equating to 99 million ounces of silver and 189 thousand ounces of gold[40]

EXHIBIT 99.1 AVINO SILVER & GOLD MINES LTD. Condensed Consolidated Interim Statements of Financial Position (Expressed in thousands of US dollars - Unaudited) | | | | March 31, | | December 31, | | --- | --- | --- | --- | --- | --- | | | Note | | 2025 | | 2024 | | ASSETS | | | | | | | Current assets | | | | | | | Cash | | $ | 26,627 | $ | 27,317 | | Amounts receivable | | | 5,874 | | 3,350 | | Amounts due from related parties | 10(b) | | 146 | | 18 | | Taxes recoverable | 4 | | 549 | | 195 | | Prepaid expen ...

Core Points - ASM International N.V. held its Annual General Meeting on May 12, 2025, where shareholders approved all proposed resolutions [1][2] - The annual accounts for 2024 were adopted, and a positive advisory vote was cast on the 2024 remuneration report [2] - A regular dividend of €3.00 per common share was approved [2] Management and Board Appointments - Mr. Verhagen was reappointed as a member of the Management Board for a two-year term [2] - Ms. Van der Meer Mohr and Mr. Sanchez were reappointed as members of the Supervisory Board for a second four-year term, while Ms. Kahle-Galonske was reappointed for a third term of one year [2] Auditor Reappointment - EY Accountants B.V. was reappointed as the auditor for the annual accounts for the financial year 2026 and appointed as the assurance provider for sustainability information for the financial years 2025 and 2026 [2]

Group 1 - ASM International N.V. has conducted share repurchases totaling 17,580 shares at an average price of €440.14, amounting to a total repurchased value of €7,737,735 [1][2] - The share buyback program, which commenced on April 30, 2025, has a total budget of €150 million, with 7.4% of the program completed to date [2] - ASM International specializes in designing and manufacturing equipment and process solutions for semiconductor device production, with operations in the United States, Europe, and Asia [2]