New: Instantly spot drawdowns, dips, insider moves, and breakout themes across Maps and Screener.

Learn More

High-Grade Silver and Gold Intercepts Boost Confidence in Avino Silver & Gold Mines Ltd. (ASM)'s Growth Plan

By Laiba Immad | January 31, 2026, 7:59 AM

We recently compiled a list of the 9 High Growth Small Cap Stocks That Are Profitable. Avino Silver & Gold Mines Ltd. stands fourth on our list of high growth stocks.

TheFly reported on January 23 that H.C. Wainwright raised its price target for ASM to $12.50 from $7.40 and maintained a Buy rating. The increase followed the company’s announcement of its 2025 production results, with the higher target supported by updated price assumptions and a one-year forward adjustment to the valuation.

High-Grade Silver and Gold Intercepts Boost Confidence in Avino Silver & Gold Mines Ltd. (ASM)’s Growth Plan
A mining operation. Photo by Tom Fisk on Pexels

Additionally, recently, on January 26, Avino Silver & Gold Mines Ltd. (NYSE:ASM) reported the results of six drill holes at its La Preciosa project, completing the company’s 2025 drilling program. Five of the holes were part of an infill program, while one was twinned with earlier drilling. The results supported the current vein-based resource model by confirming high-grade silver and gold, with several intercepts exceeding estimates. The findings also led management to reevaluate La Gloria’s underground mining techniques, which would enable greater tonnage per blast and cheaper costs while boosting confidence in the project’s resource geometry.

Avino Silver & Gold Mines Ltd. (NYSE:ASM) is a Canadian mining company focused on the acquisition, exploration, and production of silver, gold, copper, and base metal deposits. It operates the Avino Mine in Mexico and is advancing additional projects like La Preciosa to grow production and deliver long‑term value.

While we acknowledge the potential of ASM as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

READ NEXT: 12 Best Multibagger Stocks to Buy Heading into 2026 and 7 Best Rising Tech Stocks to Buy Now.

Disclosure: None.

Latest News