With significant hedge fund interest, Avino Silver & Gold Mines Ltd. (NYSE:ASM) is among the best silver mining stocks.
A photo of the Vizsla Silver mining site. Photo from Vizsla Silver website
As of April 17, 2026, Avino Silver & Gold Mines Ltd. (NYSE:ASM) enjoys the confidence of around 75% of covering analysts, who maintain bullish ratings on the stock. The consensus price of $12 implies more than 50% upside potential.
Year to date, Avino Silver & Gold Mines Ltd. (NYSE:ASM) has gained more than 12%, slightly lagging the Other Precious Metals & Mining industry’s 15% gain. Meanwhile, over a one-year period, the stock outperformed 200% of the industry, rising more than 250%. This reflects the strong performance of gold and silver miners over the past year. At the time of writing, silver has risen over 180% since the beginning of 2025.
The company’s performance can be attributed to its record revenue of $92.2 million in 2025, representing a year-on-year growth of 39%. Top-line performance helped Avino Silver & Gold Mines Ltd. (NYSE:ASM) achieve 118% growth in adjusted net income. Additionally, the company reported $43 million in EBITDA and a record $102 million in cash balance, meeting annual production guidance.
Another significant development during the year was the start-up at La Preciosa, where Avino Silver & Gold Mines Ltd. (NYSE:ASM) began processing development material. After securing 100% ownership through the buyback of royalties and debentures, the company said better-than-expected drilling results bolstered the mine’s prospects. La Preciosa is one of the largest untapped primary silver resources in Mexico.
Based on those positive developments, management guided between 2.4 and 2.7 million ounces of silver equivalent by 2026. The company’s focus on development work at La Preciosa lowered management’s expectations regarding its five-year production plan. Avino Silver & Gold Mines Ltd.’s (NYSE:ASM) cash position remains healthy and therefore management expects silver equivalent production to remain strong through 2027.
Avino Silver & Gold Mines Ltd. (NYSE:ASM) caught the attention of Roth Capital analysts following the company’s guidance release in February and strong fourth-quarter and full-year 2025 results release in March. The investment firm raised its price target from $7.25 to $7.50, while reiterating a “Neutral” rating.
Avino Silver & Gold Mines Ltd. (NYSE:ASM) is a Canadian mining company focused on the acquisition, exploration and production of silver, gold, copper and base metal deposits. It operates the Avino mine in Mexico and is advancing additional projects, such as La Preciosa, to increase production and deliver long-term value.