Avino Fundamentals

ASM
 Stock
  

USD 0.66  0.04  6.45%   

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.
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 Silver Operating Expenses is relatively stable at the moment as compared to the past year. The company's current value of Operating Expenses is estimated at 5.07 Million. Revenues is expected to hike to about 11.5 M this year, although the value of Earning Before Interest and Taxes EBIT will most likely fall to (1.7 M).

Avino Price to Book Analysis

Avino Silver's Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
P/B 
 = 
MV Per Share 
BV Per Share 
More About Price to Book | All Equity Analysis

Current Avino Silver Price to Book

    
  0.89 X  
Most of Avino Silver's fundamental indicators, such as Price to Book, 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.

Avino Price to Book 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 price to book 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 price to book as a starting point in their analysis.
   Avino Silver Price to Book   
Share
       Timeline  
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
Compare to competition

Avino Book Value per Share

Book Value per Share

0.84

Avino Silver Book Value per Share is relatively stable at the moment as compared to the past year. The company's current value of Book Value per Share is estimated at 0.84
Based on the latest financial disclosure, the price to book indicator of Avino Silver Gold is roughly 0.89 times. This is 92.69% lower than that of the Basic Materials sector and significantly higher than that of the Other Precious Metals & Mining industry. The price to book for all United States stocks is 90.64% 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 z score category among related companies. It is rated below average in net income category among related companies making up about  67,833  of Net Income per Z Score. Avino Silver Net Income is relatively stable at the moment as compared to the past year. The company's current value of Net Income is estimated at (2.22 Million). 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 Cash per Share 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 Cash per Share 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 rated below average in cash per share 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.
201720182019202020212022 (projected)
Average Assets100.05 M108.38 M101.3 M69.7 M83.99 M84.55 M
Earnings Before Interest Taxes and Depreciation Amortization EBITDA8.26 M5.84 M(28.22 M)(6.91 M)574 K619.32 K
Earnings Before Interest Taxes and Depreciation Amortization USD6.49 M4.33 M(21.54 M)(5.42 M)448.44 K483.84 K
Earnings before Tax5.29 M2.03 M(32.09 M)(9.06 M)(1.62 M)(1.75 M)
Average Equity66.03 M73.25 M72.45 M56.93 M77.04 M70.07 M
Enterprise Value76.9 M34.4 M48.52 M109.98 M70.87 M66.68 M
Free Cash Flow(14.3 M)(5.55 M)(3.04 M)(2.17 M)(3.1 M)(3.34 M)
Invested Capital101.49 M105.14 M60.7 M55.12 M58.74 M65.25 M
Invested Capital Average96.28 M100.43 M94.96 M57.44 M56.35 M64.51 M
Market Capitalization70.26 M32.16 M44.2 M116.44 M88.03 M77.22 M
Tangible Asset Value102.83 M108.59 M72.57 M68.78 M86.28 M84.6 M
Working Capital16.4 M13.11 M13.21 M14.68 M31.64 M34.13 M

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 2022
Deferred Revenue515.7 K512.7 K
Cost of Revenue7.7 M7.9 M
Revenues11.2 M11.5 M
Avino Silver Gold Mines Ltd., together with its subsidiaries, engages in the acquisition, exploration, and advancement of mineral properties in Canada. The company was incorporated in 1968 and is headquartered in Vancouver, Canada. Avino Silver operates under Other Precious Metals Mining classification in the United States and is traded on NYSEMKT Exchange.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Avino Silver without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

Did you try this?

Run Theme Ratings Now

   

Theme Ratings

Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance
All  Next Launch Module

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 Silver

0.92MAGMAG Silver Corp Earnings Call  TomorrowPairCorr
0.65ARCHArch Resources Normal TradingPairCorr
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
Please continue to Avino Silver Piotroski F Score and Avino Silver Altman Z Score analysis. Note that the Avino Silver Gold information on this page should be used as a complementary analysis to other Avino Silver's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.

Complementary Tools for Avino Stock analysis

When running Avino Silver Gold price analysis, check to measure Avino Silver's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Avino Silver is operating at the current time. Most of Avino Silver's value examination focuses on studying past and present price action to predict the probability of Avino Silver's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Avino Silver's price. Additionally, you may evaluate how the addition of Avino Silver to your portfolios can decrease your overall portfolio volatility.
Bollinger Bands
Use Bollinger Bands indicator to analyze target price for a given investing horizon
Go
ETF Directory
Find actively traded Exchange Traded Funds (ETF) from around the world
Go
Companies Directory
Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals
Go
Global Markets Map
Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes
Go
Price Ceiling Movement
Calculate and plot Price Ceiling Movement for different equity instruments
Go
Portfolio Center
All portfolio management and optimization tools to improve performance of your portfolios
Go
Instant Ratings
Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance
Go
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.
Market Capitalization
77.3 M
Quarterly Revenue Growth YOY
380.03
Return On Assets
0.0508
Return On Equity
0.0613
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 Avino Silver value 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.