Group 1 - ASM International N.V. has conducted share repurchases totaling 8,579 shares at an average price of €485.47, amounting to a total repurchased value of €4,164,878 [1][2] - The share buyback program, initiated on April 30, 2025, has a total budget of €150 million, with 21.0% 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 1 - ASM International N.V. has conducted share repurchases totaling 23,754 shares at an average price of €475.52, amounting to a total repurchased value of €11,295,546 [1][2] - The share buyback program, which commenced on April 30, 2025, has a total budget of €150 million, with 18.2% 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]

Industry Overview - The Zacks Mining - Silver industry is experiencing promising prospects due to rising silver prices and a projected demand of around 1.15 billion ounces, primarily driven by industrial use [1][4] - The industry comprises companies engaged in the exploration, development, and production of silver, with only 20% of silver coming from mining activities where silver is the primary revenue source [3] Demand and Supply Dynamics - Total silver demand is expected to dip slightly by 1% to 1.148 billion ounces in 2025, with industrial use projected at approximately 677.4 million ounces, accounting for about 59% of total demand [4] - The solar energy industry is a significant driver of silver demand, particularly in photovoltaic applications, alongside rising usage in 5G infrastructure and electric vehicles [4] - Global silver supply is projected to rise by 2% in 2025 to 1.031 billion ounces, but this will still result in a deficit of 117.6 million ounces, marking the fifth consecutive year of supply shortfall [5] Price Trends - Silver prices increased by approximately 22% in 2024 and 14.9% year-to-date, supported by economic uncertainties and solid demand amid tight supply expectations [5] - The industry's current valuation based on the forward 12-month EV/EBITDA ratio is 12.05X, significantly lower than the S&P 500's 24.69X, indicating potential for growth [13] Company Performance - Avino Silver Mines produced 678,458 silver equivalent ounces in Q1 2025, an 8% year-over-year increase, and is on track to achieve a production range of 2.5 - 2.8 million silver equivalent ounces in 2025 [17] - Fresnillo produced 107 million silver-equivalent ounces in 2024 and expects a decline in total production for 2025, focusing on profit margins and optimizing its mining operations [23] - Endeavour Silver recently acquired Compañia Minera Kolpa S.A. for $145 million, which is expected to enhance its production profile by approximately 5 million silver equivalent ounces [25] Market Outlook - The Zacks Industry Rank for the Mining-Silver industry is 15, placing it in the top 6% of 245 Zacks industries, indicating bright prospects in the near term [8] - The industry has outperformed the Basic Materials sector but has lagged behind the Zacks S&P 500 composite over the past year, with a collective loss of 7.6% compared to the sector's 9.9% decline [10]

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]