Avino Silver & Gold Mines (AMEX:ASM) is a mining company that focuses on the production of silver and gold. It operates primarily in Mexico, with its key assets being the Avino Mine and La Preciosa. The company competes with other mining firms in the precious metals sector, striving to increase its production and market presence.
On January 23, 2026, H.C. Wainwright upgraded ASM to a "Buy" rating, with the stock priced at $8.93. The firm also raised its price target from $7.40 to $12.50. This upgrade reflects confidence in ASM's growth potential and aligns with the company's recent performance and market trends.
ASM recently saw a 13.5% increase in its share price, closing at $7.83, driven by a 22% year-over-year increase in silver production. The company produced 345,298 ounces in Q4 2025, with contributions from La Preciosa and the Avino Mine. For 2025, total silver production rose by 4% to 1.16 million ounces.
The broader market has been favorable for silver, with prices soaring 223.6% year over year. This surge is due to strong safe-haven demand, geopolitical tensions, and trade conflicts. Silver's industrial demand, especially in solar energy and electronics, has also contributed to its price increase.
ASM's stock is currently priced at $9.26, marking an 18.20% increase with a $1.43 change. The stock has fluctuated between $8.04 and $9.29 today, with $9.29 being its highest price in the past year. ASM's market capitalization is approximately $1.45 billion, with a trading volume of 7,658,601 shares.
