Avino Silver & Gold Mines Q2 2024 Results
Ticker: ASM · Form: 6-K · Filed: Aug 14, 2024 · CIK: 316888
Sentiment: bearish
Topics: financials, mining, quarterly-results
TL;DR
Avino Silver & Gold Mines Q2 revenue $15.7M, net loss $9.5M.
AI Summary
Avino Silver & Gold Mines Ltd. reported its financial results for the second quarter ended June 30, 2024. The company generated $15.7 million in revenue and incurred operating expenses of $27.3 million, resulting in an operating loss of $11.6 million. Net loss for the period was $9.5 million, or $0.03 per share.
Why It Matters
This filing provides investors with a snapshot of Avino's financial performance, including revenue, expenses, and profitability, for the second quarter of 2024.
Risk Assessment
Risk Level: medium — The company reported a net loss and significant operating expenses, indicating potential financial challenges.
Key Numbers
- $15.7M — Revenue (Second quarter revenue for 2024.)
- $27.3M — Operating Expenses (Second quarter operating expenses for 2024.)
- $9.5M — Net Loss (Second quarter net loss for 2024.)
- $0.03 — Loss Per Share (Second quarter loss per share for 2024.)
Key Players & Entities
- AVINO SILVER & GOLD MINES LTD (company) — Filer
- 0000316888 (company) — Central Index Key
- June 30, 2024 (date) — Reporting Period End Date
- $15,698,000 (dollar_amount) — Revenue for Q2 2024
- $27,254,000 (dollar_amount) — Operating Expenses for Q2 2024
- $9,473,000 (dollar_amount) — Net Loss for Q2 2024
- $0.03 (dollar_amount) — Loss per share for Q2 2024
FAQ
What were Avino Silver & Gold Mines' total revenues for the second quarter of 2024?
Avino Silver & Gold Mines reported total revenues of $15,698,000 for the second quarter ended June 30, 2024.
What was the net loss for Avino Silver & Gold Mines in Q2 2024?
The company reported a net loss of $9,473,000 for the second quarter ended June 30, 2024.
What were the operating expenses for Avino Silver & Gold Mines during the second quarter of 2024?
Operating expenses for the second quarter ended June 30, 2024, were $27,254,000.
What is the reported loss per share for Avino Silver & Gold Mines for the period ending June 30, 2024?
The loss per share for the second quarter ended June 30, 2024, was $0.03.
What is the fiscal year end for Avino Silver & Gold Mines?
The fiscal year end for Avino Silver & Gold Mines is December 31.
Filing Stats: 350 words · 1 min read · ~1 pages · Grade level 11 · Accepted 2024-08-14 06:00:27
Filing Documents
- avino_6k.htm (6-K) — 105KB
- avino_ex991.htm (EX-99.1) — 1029KB
- avino_ex992.htm (EX-99.2) — 669KB
- avino_ex992img1.jpg (GRAPHIC) — 3KB
- avino_ex991img1.jpg (GRAPHIC) — 4KB
- 0001477932-24-004752.txt ( ) — 7107KB
- avino-20240630.xsd (EX-101.SCH) — 107KB
- avino-20240630_lab.xml (EX-101.LAB) — 360KB
- avino-20240630_cal.xml (EX-101.CAL) — 61KB
- avino-20240630_pre.xml (EX-101.PRE) — 324KB
- avino-20240630_def.xml (EX-101.DEF) — 183KB
- avino_6k_htm.xml (XML) — 1388KB
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. AVINO SILVER & GOLD MINES LTD. Date: August 13, 2024 By: /s/ Jennifer Trevitt Jennifer Trevitt Corporate Secretary 3