Avino Silver & Gold Mines Ltd.: Avino Announces Q2 2026 Production Results
Avino Silver & Gold Mines reported Q2 2026 production of 267,305 oz silver, 2,178 oz gold and 729,929 lbs copper, totaling 534,945 silver equivalent oz. Mill feed was 184,293 tonnes. La Preciosa development ore processing increased 59% in Q2. The company also cited an April 16, 2026 reserves and resources update and an NCIB share repurchase of 508,039 shares in Q2.
How this was made
The 30-second read
Why it matters
The release updates production volumes, mill throughput, and project ramp drivers, which can affect near-term valuation via revised expectations for 2026 output mix and margins.
Market read
Q2 production is the primary new datapoint, with La Preciosa ramping but consolidated copper production down and silver-equivalent output lower versus Q2 2025.
What to watch
Copper recovery and grade are materially weaker in the quarter; traders may need to monitor whether the planned long-hole mining at Abundancia and Gloria improves grades and recoveries in coming quarters.
Background
Avino is a long-standing silver producer in Mexico with operations centered on Avino and the La Preciosa project, where Mill Circuit 2 availability is a key operational lever.
Ticker impact
Avino reports Q2 2026 production: 267,305 silver oz, 2,178 gold oz, and 729,929 lbs copper, plus La Preciosa throughput updates.
Near-term sentiment likely neutral to slightly negative given the large YoY copper decline and lower silver-equivalent output, partially offset by La Preciosa development progress.
The article provides detailed production volumes and operational drivers (Mill Circuit 2 availability, sequencing into lower copper-grade areas) that can change near-term expectations for 2026 weighting toward H2.
Market effects
Provides a read-through on operational execution for a Mexico silver producer, but limited broader sector impact.
Mexico mining operations execution signal, but no new policy or regional shock described.
Primarily company-specific; no new commodity price or supply shock beyond company production mix.
Counterpoint
The YoY declines may be sequencing-driven rather than demand-driven, and the company explicitly expects 2026 production to be more weighted to the second half as La Preciosa advances.
Key entities
- issuerAvino Silver & Gold Mines Ltd.
Reports Q2 2026 production results and operational updates for Avino and La Preciosa, including mill circuit changes and development mining progress.
- assetLa Preciosa
Project where development ore processing increased, driven by Mill Circuit 2 becoming available and higher development mining rates.
- corporate actionNormal Course Issuer Bid (NCIB)
Company repurchased and cancelled 508,039 shares in Q2 2026 and retains authorization to repurchase up to 8,428,566 shares prior to April 7, 2027.
