# Avino Silver & Gold Mines Ltd. (ASM.TO) fundamentals

Data as of 2026-09-08. TSX, Canada. Sector: Basic Materials / Metals & Mining. Price C$10.14, market value C$1.7 billion.

## Valuation
- **P/E (trailing): 28.2×** (5-yr avg 65.7×, 3-yr avg 77.4×). Avino Silver & Gold Mines Ltd. trades at 28.2× trailing earnings, well below its own five-year average of 65.7×: cheap by its own standards. The Basic Materials median in the September 2026 study was 19.0×. Forward P/E is 8.9×, lower than trailing, so analysts expect earnings to grow.
- **PEG: 0.05**. A PEG of 0.05 means the P/E is low relative to expected earnings growth: the market is not paying much for that growth.
- **Price / sales: 10.8×**. Each dollar of revenue is priced at 10.8×, a level that requires very high margins or very fast growth to justify.
- **Price / book: 4.4×**. The shares trade at 4.4× book value; book value is a meaningful part of the valuation.
- **EV / EBITDA: 18.8×**. Enterprise value is 18.8× operating earnings before depreciation, the multiple that ignores how the company is financed.
- **Free-cash-flow yield: 1.4%** (5-yr avg 1.2%). Free cash flow equals 1.4% of the market value, in line with its five-year average of 1.2%.
- **Earnings yield: 3.6%**. The inverse of the P/E: 3.6% of the price is earned each year.

## Profitability
- **Gross margin: 53.5%**. Avino Silver & Gold Mines Ltd. keeps 53.5% of revenue after the direct cost of what it sells.
- **Operating margin: 41.1%**. 41.1% of revenue is left after running the business, an exceptional level.
- **Net margin: 31.3%**. 31.3% of each dollar of sales reaches the bottom line.
- **Return on equity: 11.6%**. 11.6% on shareholders' equity is solid.
- **Return on invested capital: 26.1%**. Return on all capital, debt included, is 26.1%: comfortably above what that capital costs.
- **Return on assets: 15.6%**. Each dollar of assets produces 15.6% of profit.

## Growth
- **Revenue growth (1 yr): 30.9%** (3-yr 25.2%/yr, 5-yr 40.2%/yr). Revenue grew 30.9% over the last year, against 40.2% a year compounded over five years: growth is slowing.
- **EPS growth (1 yr): 191.6%** (3-yr 78.3%/yr). Earnings per share rose 191.6%, faster than revenue, so margins expanded or the share count shrank.
- **Free-cash-flow growth (3 yr): -34.1%/yr**. Free cash flow has compounded at -34.1% a year over three years, lagging earnings: check whether profits are turning into cash.

## Financial health
- **Debt to equity: 0.03**. Debt is 0.03 times equity: a conservative balance sheet.
- **Net debt / EBITDA: net cash**. Avino Silver & Gold Mines Ltd. holds more cash than debt.
- **Interest coverage: 54.7×**. Operating profit covers interest 54.7× over, a safe margin.
- **Current ratio: 4.06** (quick 3.69). Current assets cover the next year's liabilities 4.06 times.
- **Altman Z-score: 21.48**. A Z-score of 21.48 places the company in the safe zone for bankruptcy risk.
- **Piotroski F-score: 7/9**. 7 of 9 fundamental checks pass: strong and improving financials.

## Dividends
- **Dividend: none**. Avino Silver & Gold Mines Ltd. does not currently pay a dividend.

## Analyst view
- **Analyst consensus: strong_buy** (2 analysts). 2 analysts cover Avino Silver & Gold Mines Ltd.; the consensus is strong_buy, with an average price target of C$9.20 (-9% from the current price). Analyst opinion is shown for context; it is not part of the Fundamental Score.

## Price and momentum
- **Total return (1 yr): 69.6%** (YTD 18.7%, 3-mo 24.4%). The shares are up 69.6% over twelve months including dividends.
- **From 52-week high: -37.1%** (82.7% above the low). Trading 37% below its 52-week high, deep in a drawdown.
- **200-day average: above**. The price sits above its 200-day moving average, the usual definition of an uptrend.
- **RSI (14-day): 54**. An RSI of 54 is neutral.
- **Beta (1 yr): 4.45** (volatility 85%). Beta of 4.45 against the S&P/TSX Composite: the shares move much more than the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=ASM.TO · Page: https://foliofundamentals.com/stocks/asm.to

Not investment advice.