ASM Earnings Prediction
The chart below shows how ASM performed 10 days before and after its earnings report, based on data from the past quarters. Typically, ASM sees a -3.19% change in stock price 10 days leading up to the earnings, and a +9.90% change 10 days following the report. On the earnings day itself, the stock moves by +1.09%. This data can give you a slight idea of what to expect for the next quarter's release.
ASM Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
14.62M
18.67%
-1.16%
Gross Margin
40.31%
109.62%
17.32%
Operating Margin
26.72%
614.44%
49.52%
Net Margin
8.00%
222.70%
-4.65%
EPS
0.01
200.00%
0.00%
No Data Available
ASM Earnings Analysis
Avino Silver & Gold Mines Ltd. (Canada) Corporation (ASM.A) Earnings Conference Call
Positive
Production Results Increase: Total equivalent production results increased by an impressive 13% over the third quarter of last year.
Silver Production Increase: Silver equivalent production was 671,000 ounces, with silver production at 282,000 ounces, a 19% increase compared to Q3 2023.
Metal Production Results: Copper production was 1.8 million pounds, and gold production was just over 1,600 ounces, contributing to strong overall results.
Record Revenue and Gross Profit: Generated $14.6 million in revenues and a quarterly record of $5.7 million in gross profit.
Record Operating Cash Flows: Mine operating cash flows before taxes was $6.7 million, representing a 45% margin and the highest in recent history.
Negative
Net Income Decline: The company reported a net income of $1.2 million, which is significantly lower than expected, indicating a decline in profitability.
Cash Flow Concerns: Operating cash flows before taxes were $6.7 million, representing a decrease compared to previous quarters, suggesting potential cash flow issues.
Earnings Decline Noted: The adjusted earnings came in at $5 million or $0.04 per share, which is lower than the previous quarter, reflecting a downward trend in earnings performance.
Rising Cash Costs: The company faced challenges with cash costs per ounce, which were reported at $14.94, indicating higher operational costs compared to previous periods.
Production Decline Impacting Revenue: The overall production results showed a decrease in output, with silver equivalent production at 671,000 ounces, which is lower than anticipated, impacting revenue generation.
ASM FAQs
How does ASM typically perform around its earnings report dates?
Is Avino Silver & Gold Mines Ltd. (ASM) Q3 2024 Earnings Call Summary positive or negative?
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ASM Earning Call Sentiment
Avino Silver & Gold Mines Ltd. (ASM) Q3 2024 Earnings Call Transcript
ASM.A
2.21%Positive
The earnings call highlights strong financial performance with record gross profit and revenue growth. Despite concerns about currency fluctuations and competitive pressures, management is taking protective measures. The Q&A revealed some uncertainties, but overall, the improved financial metrics and strategic measures indicate a positive outlook. The stock price is likely to rise by 2% to 8% over the next two weeks.
