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Stock impact report

Avino Generates Strong Quarterly Revenues in 2024 [Yahoo! Finance]

Avino Silver & Gold Mines Ltd. Common Shares (Canada) (ASM) 
NASDAQ:AMEX Investor Relations: avino.com
Company Research Source: Yahoo! Finance
in Mexico, announces its consolidated financial results for the third quarter of 2024, showcasing strong revenues and enhanced cash generation. Third Quarter 2024 Financial Highlights Revenues of $14.6 million, an increase of 19% from Q3 2023 Gross profit / mine operating income of $5.7 million Mine operating cash flow before taxes of $6.7 million Net income of $1.2 million, or $0.01 per share Adjusted earnings of $5.0 million, or $0.04 per share Earnings before interest, taxes, depreciation and amortization ("EBITDA") of $3.8 million Cash costs per silver equivalent payable ounce sold of $14.94, down 12% from Q3 2023 All in sustaining cash costs per silver equivalent payable ounce sold of $22.06, down 3% from Q3 2023 "In the third quarter, we delivered strong revenues driven by higher metal prices and a 13% increase in production from our Avino Mine," said Nathan Harte, Chief Financial Officer. "We have experienced improvements once again in all key financial metr Show less Read more
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