La Preciosa Project

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Avino Silver Acquires Full Ownership of La Preciosa, Rallies 4%
ZACKS· 2025-08-27 01:10
Key Takeaways Avino Silver gained the full ownership of La Preciosa, removing royalty obligations before 2025 production.The $22M deal includes $13.25M upfront and $8.75M deferred payments, supported by strong cash reserves. Q2 revenues rose 47% to $22M, with EPS at 6 cents, driven by higher metal prices and sales.Shares of Avino Silver & Gold Mines Ltd. (ASM) gained 4% as it announced on Monday that it acquired the full ownership of its La Preciosa project from Deterra Royalties Limited. This deal provides ...