ASM Gears Up to Report Q3 Earnings: What's in Store for the Stock?

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].