Avino Silver (ASM) Registers a Bigger Fall Than the Market: Important Facts to Note

Company Performance - Avino Silver (ASM) closed at $11.02, reflecting a -1.96% change from the previous day, underperforming the S&P 500's daily loss of 0.13% [1] - Over the past month, shares of Avino Silver have appreciated by 81%, significantly outperforming the Basic Materials sector's gain of 12.37% and the S&P 500's gain of 0.78% [1] Upcoming Earnings - Avino Silver is projected to report earnings of $0.06 per share, indicating a year-over-year decline of 14.29% [2] - The consensus estimate for revenue is $29.1 million, which represents a 19.36% increase compared to the same quarter of the previous year [2] Fiscal Year Estimates - 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 estimated at $90.3 million, showing no change [3] - Recent changes in analyst estimates for Avino Silver are important as they reflect evolving short-term business trends, with positive revisions indicating a favorable business outlook [3] Zacks Rank and Valuation - The Zacks Rank system, which ranges from 1 (Strong Buy) to 5 (Strong Sell), indicates Avino Silver currently holds a rank of 2 (Buy) [5] - The Zacks Consensus EPS estimate has increased by 25.86% in the past month, suggesting positive sentiment around the stock [5] - Avino Silver's Forward P/E ratio is 30.8, which is higher than the industry average of 21.88, indicating it is trading at a premium [6] Industry Context - The Mining - Silver industry, part of the Basic Materials sector, has a Zacks Industry Rank of 18, placing it in the top 8% of over 250 industries [6] - The Zacks Industry Rank evaluates the performance of industry groups, with the top 50% rated industries outperforming the bottom half by a factor of 2 to 1 [7]