AVINO SILVER 7 GOLD MINES LTD. (‘ASM”) Increases production figures significantly. Rewarded with one of the better looking charts of the miners.
Alvino’s David Wolfin released the company’s consolidated production figures for it SilverEq, Silver, Gold and Copper production in Mexico and there are impressive increases. Wolfin confirmed that Avino achieved the highest SilverEq ounce output in the company’s 49-year history. Investments in equipment and facility upgrades is credited for the increases in output. Production of SilverEq was up 116% over 2014 to 3,020,348 ounces of silver. A look at the company’s stock chart will reveal that it is one of the better performers in today’s environment. Although Avino got clobbered in 2007 like most of its peers and again in 2011 it has held remarkably stable since. There has only been one period, 2008 through 2010, when Avino was below its current price level of $1.07 and it was not very far below its current price even then. Junior Mining.com thinks Avino is applaudable for its achievements and recommendable based on its assets and management. It would not take much to return Avino’s share price to loftier heights.