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Stock impact report

Avino Growth Plan Weighs No Debt Expansion Against High P/E Valuation [Yahoo! Finance]

Avino Silver & Gold Mines Ltd. Common Shares (Canada) (ASM) 
NASDAQ:AMEX Investor Relations: avino.com
Company Research Source: Yahoo! Finance
Never miss an important update on your stock portfolio and cut through the noise. Over 7 million investors trust Simply Wall St to stay informed where it matters for FREE. Avino Silver & Gold Mines (TSX:ASM) is pursuing an organic growth plan to move from one producing asset to three. The high grade La Preciosa project is central to this expansion, which the company is funding without taking on debt. Avino continues to rely on its longstanding offtake partnership with Samsung as it advances this growth phase. For investors tracking TSX:ASM, this shift toward three producing assets comes with a current share price of CA$13.12. The stock has seen double digit returns over the past week and month, and a very large gain over the past year. Over a three year period, the return is more than 13x, which puts current developments in a different context than earlier stages of the business. The company is leaning on internal funding and an existing offtake relationship rather than ext Show less Read more
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