Avino Silver & Gold Mines Ltd. 2024 Financials Revealed
Ticker: ASM · Form: 6-K · Filed: Mar 12, 2025 · CIK: 316888
Sentiment: neutral
Topics: financials, annual-report, mining
TL;DR
Avino Silver & Gold Mines Ltd. 2024 financials show $80.3M assets, $15.7M revenue, and $9.5M net income.
AI Summary
Avino Silver & Gold Mines Ltd. filed a 6-K report on March 12, 2025, detailing its financial performance for the fiscal year ending December 31, 2024. The company reported total assets of $80,323,000 and total liabilities of $15,370,000, resulting in total equity of $64,953,000. Revenue for the period was $15,698,000, with a net income of $9,473,000.
Why It Matters
This filing provides investors with a year-end financial snapshot of Avino Silver & Gold Mines Ltd., crucial for assessing the company's performance and financial health.
Risk Assessment
Risk Level: medium — The company operates in the volatile mining sector, and the financial figures, while showing profitability, require further analysis of operational risks and market conditions.
Key Numbers
- $80.3B — Total Assets (As of December 31, 2024, indicating the company's total resources.)
- $15.7M — Revenue (For the fiscal year 2024, showing the company's top-line performance.)
- $9.5M — Net Income (For the fiscal year 2024, reflecting the company's profitability.)
- $15.4M — Total Liabilities (As of December 31, 2024, representing the company's financial obligations.)
Key Players & Entities
- AVINO SILVER & GOLD MINES LTD (company) — Filer
- 0000316888 (company) — Central Index Key
- 2024-12-31 (date) — Fiscal Year End
- $80,323,000 (dollar_amount) — Total Assets
- $15,698,000 (dollar_amount) — Revenue
- $9,473,000 (dollar_amount) — Net Income
FAQ
What were Avino Silver & Gold Mines Ltd.'s total assets as of December 31, 2024?
Total assets were $80,323,000 as of December 31, 2024.
What was the company's revenue for the fiscal year 2024?
Revenue for the fiscal year 2024 was $15,698,000.
What was the net income reported for the fiscal year ending December 31, 2024?
The net income for the fiscal year 2024 was $9,473,000.
What were the total liabilities of Avino Silver & Gold Mines Ltd. at the end of fiscal year 2024?
Total liabilities were $15,370,000 as of December 31, 2024.
When was the company formerly known as International Avino Mines Ltd.?
The company was formerly known as International Avino Mines Ltd. prior to a name change on June 7, 1995.
Filing Details
This Form 6-K (Form 6-K) was filed with the SEC on March 12, 2025 regarding AVINO SILVER & GOLD MINES LTD (ASM).