Avino Silver & Gold misses Q2 2026 earnings forecasts

Avino Silver & Gold (ASM) reported second-quarter 2026 earnings below market expectations, according to an earnings call transcript reviewed by Reuters.

The Vancouver-based mineral exploration and development company attributed the shortfall to operational setbacks and softer metal prices during the period. While specific financial figures were not disclosed in the transcript, management highlighted delays in production schedules and higher-than-anticipated costs as key factors impacting profitability.

Avino’s Q2 2026 performance fell short of analyst estimates, which had anticipated stronger revenue and earnings growth amid elevated precious metals volatility. The company operates primarily in Mexico, where it focuses on silver and gold extraction. Market analysts had projected steady output and improved margins for the quarter, but operational disruptions limited output and weighed on financial results.

Management noted that while market conditions for silver and gold remained supportive, near-term headwinds included supply chain constraints and regulatory delays in permitting processes. The company reaffirmed its long-term production targets but did not provide revised guidance during the call.

Shares of Avino Silver & Gold were indicated lower in pre-market trading following the release of the earnings call transcript. Investor sentiment has been sensitive to operational performance and metal price trends in the sector, which has seen increased volatility amid global economic uncertainty and shifting monetary policy expectations.

Avino Silver & Gold did not immediately respond to requests for comment beyond the details provided in the earnings call.