Avino Silver & Gold Mines Ltd. (TSE:ASM) Analysts Just Slashed Next Year's Estimates

One thing we could say about the analysts on Avino Silver & Gold Mines Ltd. (TSE:ASM) - they aren't optimistic, having just made a major negative revision to their near-term (statutory) forecasts for the organization. Both revenue and earnings per share (EPS) forecasts went under the knife, suggesting analysts have soured majorly on the business. At CA$6.59, shares are up 8.6% in the past 7 days. We'd be curious to see if the downgrade is enough to reverse investor sentiment on the business.

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After this downgrade, Avino Silver & Gold Mines' four analysts are now forecasting revenues of US$174m in 2027. This would be a major 34% improvement in sales compared to the last 12 months. Per-share earnings are expected to surge 56% to US$0.40. Before this latest update, the analysts had been forecasting revenues of US$200m and earnings per share (EPS) of US$0.49 in 2027. It looks like analyst sentiment has declined substantially, with a substantial drop in revenue estimates and a considerable drop in earnings per share numbers as well.

Check out our latest analysis for Avino Silver & Gold Mines

One way to get more context on these forecasts is to look at how they compare to both past performance, and how other companies in the same industry are performing. We would highlight that Avino Silver & Gold Mines' revenue growth is expected to slow, with the forecast 26% annualised growth rate until the end of 2027 being well below the historical 36% p.a. growth over the last five years. By way of comparison, the other companies in this industry with analyst coverage are forecast to grow their revenue at 14% annually. So it's pretty clear that, while Avino Silver & Gold Mines' revenue growth is expected to slow, it's still expected to grow faster than the industry itself.

The Bottom Line

The most important thing to take away is that analysts cut their earnings per share estimates, expecting a clear decline in business conditions. Unfortunately, analysts also downgraded their revenue estimates, although our data indicates revenues are expected to perform better than the wider market. We wouldn't be surprised to find shareholders feeling a bit shell-shocked, after these downgrades. It looks like analysts have become a lot more bearish on Avino Silver & Gold Mines, and their negativity could be grounds for caution.

Even so, the longer term trajectory of the business is much more important for the value creation of shareholders. We have estimates - from multiple Avino Silver & Gold Mines analysts - going out to 2028, and you can see them free on our platform here.

Of course, seeing company management invest large sums of money in a stock can be just as useful as knowing whether analysts are downgrading their estimates. So you may also wish to search this free list of stocks with high insider ownership.

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