Avino Silver Gold Stock Fundamentals

ASM Stock  USD 0.44  0.02  4.35%   
Avino Silver Gold fundamentals help investors to digest information that contributes to Avino Silver's financial success or failures. It also enables traders to predict the movement of Avino Stock. The fundamental analysis module provides a way to measure Avino Silver's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Avino Silver stock.
At this time, Avino Silver's Operating Income is very stable as compared to the past year. As of the 23rd of February 2024, Income Tax Expense is likely to grow to about 4.5 M, while Interest Expense is likely to drop about 362.5 K.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Avino Revenue Analysis

Avino Silver's Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.

Avino Silver Revenues

41.55 Million

Revenue

 = 

Money Received

-

Discounts and Returns

More About Revenue | All Equity Analysis

Current Avino Silver Revenue

    
  46.01 M  
Most of Avino Silver's fundamental indicators, such as Revenue, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Avino Silver Gold is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Historical and Projected quarterly revenue of Avino

Projected quarterly revenue analysis of Avino Silver Gold provides investors and stakeholders with an insight into the company's performance and growth prospects. When actual revenues of Avino Silver match or exceed analyst estimates, it positively influences investor confidence and market perception, often leading to a rise in Avino Silver's stock price.

Avino Revenue Historical Pattern

Today, most investors in Avino Silver Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Avino Silver's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's revenue growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Avino Silver revenue as a starting point in their analysis.
   Avino Silver Revenue   
       Timeline  
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include product or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
Competition

Based on the latest financial disclosure, Avino Silver Gold reported 46.01 M of revenue. This is 99.41% lower than that of the Metals & Mining sector and significantly higher than that of the Materials industry. The revenue for all United States stocks is 99.51% higher than that of the company.

Avino Silver Gold Fundamental Drivers Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Avino Silver's current stock value. Our valuation model uses many indicators to compare Avino Silver value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Avino Silver competition to find correlations between indicators driving Avino Silver's intrinsic value. More Info.
Avino Silver Gold is rated below average in target price category among related companies. It is rated below average in cash per share category among related companies fabricating about  0.07  of Cash Per Share per Target Price. The ratio of Target Price to Cash Per Share for Avino Silver Gold is roughly  15.00 . As of the 23rd of February 2024, Free Cash Flow is likely to grow to about 3.6 M. Comparative valuation analysis is a catch-all model that can be used if you cannot value Avino Silver by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Avino Silver's Stock . Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Avino Silver's earnings, one of the primary drivers of an investment's value.

Avino Retained Earnings Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Avino Silver's direct or indirect competition against its Retained Earnings to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Avino Silver could also be used in its relative valuation, which is a method of valuing Avino Silver by comparing valuation metrics of similar companies.
Avino Silver is currently under evaluation in retained earnings category among related companies.

Avino Silver Current Valuation Drivers

We derive many important indicators used in calculating different scores of Avino Silver from analyzing Avino Silver's financial statements. These drivers represent accounts that assess Avino Silver's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Avino Silver's important valuation drivers and their relationship over time.
201920202021202220232024 (projected)
Average Assets101.3M69.7M84.0M115.7M133.1M118.1M
Earnings Before Interest Taxes and Depreciation Amortization EBITDA(28.2M)(6.9M)574K10.2M9.2M9.9M
Earnings Before Interest Taxes and Depreciation Amortization USD(21.5M)(5.4M)448.4K7.5M6.7M7.3M
Earnings before Tax(32.1M)(9.1M)(1.6M)7.7M6.9M7.5M
Average Equity72.5M56.9M77.0M96.3M110.8M93.7M
Enterprise Value48.5M110.0M70.9M77.5M89.1M79.2M
Free Cash Flow(3.0M)(2.2M)(3.1M)2.9M3.3M3.6M
Invested Capital60.7M55.1M58.7M99.8M114.8M101.6M
Invested Capital Average95.0M57.4M56.4M98.0M112.7M101.1M
Market Capitalization44.2M116.4M88.0M80.5M92.6M82.3M
Tangible Asset Value72.6M68.8M86.3M121.2M139.4M120.5M
Working Capital13.2M14.7M31.6M8.8M10.1M13.3M

Avino Fundamentals

About Avino Silver Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Avino Silver Gold's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Avino Silver using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Avino Silver Gold based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Last ReportedProjected for 2024
Deferred Revenue515.7 K512.7 K
Cost of Revenue33.5 M28.4 M
Revenues50.8 M41.5 M
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Avino Silver in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Avino Silver's short interest history, or implied volatility extrapolated from Avino Silver options trading.

Pair Trading with Avino Silver

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Avino Silver position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Avino Silver will appreciate offsetting losses from the drop in the long position's value.

Moving together with Avino Stock

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The ability to find closely correlated positions to Avino Silver could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Avino Silver when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Avino Silver - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Avino Silver Gold to buy it.
The correlation of Avino Silver is a statistical measure of how it moves in relation to other equities. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Avino Silver moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Avino Silver Gold moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Avino Silver can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Avino Silver Gold is a strong investment it is important to analyze Avino Silver's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Avino Silver's future performance. For an informed investment choice regarding Avino Stock, refer to the following important reports:

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Is Avino Silver's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Avino Silver. If investors know Avino will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Avino Silver listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.51)
Earnings Share
0.01
Revenue Per Share
0.384
Quarterly Revenue Growth
0.351
Return On Assets
0.0104
The market value of Avino Silver Gold is measured differently than its book value, which is the value of Avino that is recorded on the company's balance sheet. Investors also form their own opinion of Avino Silver's value that differs from its market value or its book value, called intrinsic value, which is Avino Silver's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Avino Silver's market value can be influenced by many factors that don't directly affect Avino Silver's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Avino Silver's value and its price as these two are different measures arrived at by different means. Investors typically determine if Avino Silver is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Avino Silver's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.