Avino Silver (ASM) Laps the Stock Market: Here's Why

Core Viewpoint - Avino Silver (ASM) has shown strong performance in recent trading sessions, with a notable increase in share price and positive outlook for upcoming earnings despite a projected year-over-year decline in earnings per share [1][2]. Company Performance - Avino Silver's stock closed at $6.86, reflecting a +2.69% change from the previous day's closing price, outperforming the S&P 500's gain of 0.26% [1]. - Over the past month, shares have appreciated by 8.97%, surpassing the Basic Materials sector's gain of 8.62% and the S&P 500's gain of 1.57% [1]. Earnings Expectations - Analysts expect Avino Silver to report earnings of $0.06 per share, indicating a year-over-year decline of 14.29% [2]. - Revenue is projected at $27.7 million, which represents a 13.62% increase from the prior-year quarter [2]. Fiscal Year Projections - For the entire fiscal year, earnings are projected at $0.17 per share, reflecting a +13.33% change from the prior year, while revenue is expected to remain flat at $89.65 million [3]. - Investors should monitor revisions to analyst forecasts, as positive revisions indicate optimism about the company's business and profitability [3]. Valuation Metrics - Avino Silver has a Forward P/E ratio of 23.03, which is a premium compared to the industry average Forward P/E of 19.17 [6]. - The Mining - Silver industry is part of the Basic Materials sector and currently holds a Zacks Industry Rank of 38, placing it in the top 16% of over 250 industries [6]. Zacks Rank and Performance - Avino Silver currently holds a Zacks Rank of 2 (Buy), indicating a favorable outlook based on the Zacks Rank system, which has a strong track record of outperforming the market [5]. - The Zacks Rank system has shown that stocks rated 1 have produced an average annual return of +25% since 1988 [5].