ASM AVINO SILVER & GOLD MINES LTD
Price Chart
Executive Summary
Avino Silver & Gold Mines Ltd. announced a Normal Course Issuer Bid (NCIB) to repurchase up to 8,428,566 common shares, representing 5% of its outstanding shares, over a 12-month period. The buyback is funded by expected 2026 free cash flow and reflects management's belief that shares may be undervalued.
Actionable Insight
The buyback signals management confidence in valuation and strong cash flow generation at current silver prices, but does not represent a fundamental change in operations. Traders should monitor actual repurchase volumes and silver price movements as key indicators of future activity.
Key Facts
- Avino announced a Normal Course Issuer Bid (NCIB) to repurchase up to 8,428,566 common shares, representing 5% of outstanding shares
- Buyback will occur over 12 months starting April 8, 2026, with shares purchased on TSX, NYSE American, or permitted alternative trading systems
- All repurchased shares will be cancelled
- Daily purchases on TSX limited to 248,266 shares (25% of average daily trading volume)
- Company has entered into an Automatic Share Purchase Plan (ASPP) to allow repurchases during blackout periods
- No obligation to complete the full buyback; management will decide timing and volume based on market conditions
Financial Impact
Up to 5% of outstanding shares may be repurchased using free cash flow; exact dollar amount depends on prevailing market prices
Risk Factors
- Buybacks may be scaled back or suspended depending on market conditions and silver prices
- No assurance the full 5% will be repurchased
Market Snapshot
Documents Analyzed
This report is based on 5 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 6-K Filing (Primary) | 0001477932-26-002013 |
| Document: avino_6k.htm | 0001477932-26-002013 |
| Document: 0001477932-26-002013-index-headers.html | 0001477932-26-002013 |
| Document: 0001477932-26-002013-index.html | 0001477932-26-002013 |
| Document: 0001477932-26-002013.txt | 0001477932-26-002013 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
|
Jun 8, 2026
1d ago
|
6-K
| $5.84 awaiting T+5 | awaiting T+5 | — | $5.77 (−1.20%) |
|
Jun 1, 2026
8d ago
|
6-K
| $7.29 $5.84 | ▼ −19.89% | ▼ −17.14% | $5.77 (−20.85%) |
|
May 27, 2026
13d ago
|
6-K
| $7.16 $6.80 | ▼ −5.03% | ▼ −5.34% | $5.77 (−19.41%) |
|
May 13, 2026
27d ago
|
6-K
| $7.66 $6.65 | ▼ −13.19% | ▼ −12.47% | $5.77 (−24.67%) |
|
Apr 23, 2026
6w ago
|
6-K
| $6.99 $6.23 | ▲ +10.87% | ▲ +12.35% | $5.77 (+17.45%) |
|
Apr 16, 2026
7w ago
|
6-K
| $7.20 $6.99 | ▼ −2.92% | ▼ −3.90% | $5.77 (−19.86%) |
|
Apr 6, 2026
9w ago
|
6-K
| $6.77 $6.91 | ▲ +2.07% | ▼ −2.07% | $5.77 (−14.77%) |
US Market Status
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