Avino Silver & Gold Mines Ltd (ASM)

[Firebird400]

Quarterely Report,

"Strong Q4 Financial Results Following Production Restart

Highest recorded revenues since Q4 2019, with revenues of $9.3 million generating $4.4 million in mine operating income, earnings per share of $0.03 and operating cash flow generated (pre-working capital adjustments) per share of $0.04."

Reading the report it looks as if they paid their debt down to zero, and are generating a nice profit. Forward PE would be at 8.0 at $0.96 a share on the Amex. This is a silver mining company, but gold, copper, lead, etc come right on out of the ground with the silver. They got these results with avg silver at $24 oz. Silver is north of $25 oz, and has been for days. A buy rating was just issued with a target of $1.50 which would easily take out the $1.31 52 week high. Going back to $0.61 or moving up from $0.96? I'd say with silver prices what they are it's going to move up.