Avino Silver & Gold Mines .(US:ASM) Yahoo Finance·2025-12-01 18:23Company Performance - Avino Silver & Gold Mines Ltd. (NYSEAmerican:ASM) experienced a significant share price increase of 28.44 percent week-on-week, driven by investor optimism ahead of the Federal Open Market Committee's last interest rate meeting for the year [1] - The company's net income surged by 559 percent to $7.7 million, up from $1.17 million in the same period last year [3] - Revenues rose by 44 percent to $21.04 million from $14.6 million year-on-year, primarily due to higher metal prices and a slight increase in ounces sold [4] Market Context - The increase in precious metal prices, with gold spot rising by 1.97 percent to $4,239 per troy ounce and silver increasing by 5.81 percent to $56.5003, reflects a favorable market environment for companies like Avino [2] - Lower interest rates are expected to benefit precious metals, as they tend to weaken the US dollar, making these metals more attractive to foreign investors [3]