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Avino Silver & Gold Mines reported $12.4 million in revenues in Q1 2024, with a gross profit of $2.3 million. The net income was $0.6 million, and EBITDA was $1.7 million. Cash costs per silver equivalent payable ounce sold were $14.89, with all-in sustaining cash costs at $20.23. The company showed improvements in unit costs and margins compared to 2023, with positive net income and cash flow generation. Avino remains committed to advancing La Preciosa and achieving growth targets. The company has a strong financial position and a strategic growth plan for the future.
Avino Silver & Gold Mines (TSX:ASM)(NYSE American:ASM)(FSE:GV6) will release its First Quarter 2024 financial results on May 8, 2024, followed by a conference call and webcast on May 9, 2024. Shareholders, analysts, investors, and media can participate in the event to learn more about the company's performance.