ASM Q3 Earnings Beat Estimates, Revenues Rise Y/Y on Higher Prices
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Avino Silver (ASM) reported better-than-expected Q3 earnings and increased revenues due to higher metal prices. The company reaffirmed its 2024 production guidance of 2.5-2.8 million silver equivalent ounces.
November 14, 2024 | 5:15 pm
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Avino Silver reported Q3 earnings that exceeded estimates, with revenues rising year-over-year due to higher metal prices. The company also reaffirmed its 2024 production guidance.
The positive earnings surprise and increased revenues are likely to boost investor confidence in ASM, potentially driving the stock price up in the short term. The reaffirmation of production guidance also provides stability and future growth expectations.
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