Avino Silver & Gold Mines provides the acquisition, exploration, and advancement of mineral properties in Mexico. It explores for silver, gold, copper, and base metal deposits.
The company holds 100% interest in the Avino Mine area property covering an area of approximately 4,086.93 hectares comprising 42 mineral claims and leases 4 mineral claims, which is located in the state of Durango, Mexico. It also has an option to acquire 100% interest in the Ana Maria and El Laberinto properties located in Mexico. Incorporated in 1968 and headquartered in Vancouver, Canada, Avino Silver & Gold Mines was formerly known as International Avino Mines Ltd. before rebranding in August 1997.
Avino Silver & Gold Mines Ltd. is a mining company focused on the acquisition, exploration, and advancement of mineral properties in Mexico. The company primarily explores for silver, gold, copper, and base metal deposits. Its flagship asset is the Avino Mine area property, located in the state of Durango, Mexico, which covers approximately 4,086.93 hectares and includes 42 mineral claims and 4 leased claims. Additionally, Avino has an option to acquire 100% interest in the Ana Maria and El Laberinto properties, also in Mexico. The company's operations are centered on extracting and developing precious and base metals, with silver and gold being the primary targets.
On which stock exchange is Avino Silver & Gold Mines listed and in what currency?
Avino Silver & Gold Mines Ltd. is listed on the NYSE American exchange under the ticker symbol ASM. The company's shares are traded in US Dollars (USD). This listing provides investors in the United States and internationally with access to trade the company's stock on a major American exchange. The use of USD as the trading currency aligns with the exchange's standard and facilitates easy comparison with other US-listed equities.
What sector and industry does Avino Silver & Gold Mines belong to?
Avino Silver & Gold Mines Ltd. operates in the Basic Materials sector, specifically within the Other Precious Metals & Mining industry. This classification indicates that the company is involved in the extraction and processing of precious metals, such as silver and gold, but is not limited to a single metal type. The 'Other Precious Metals & Mining' industry includes companies that mine precious metals beyond just gold or silver, often encompassing a diversified portfolio of metals. Avino's focus on silver, gold, copper, and base metals places it firmly within this category, highlighting its role in the broader mining and materials supply chain.
Where is Avino Silver & Gold Mines headquartered and what is its history?
Avino Silver & Gold Mines Ltd. is headquartered in Vancouver, Canada. The company was incorporated in 1968 and has a long history in the mining sector. Originally known as International Avino Mines Ltd., it rebranded to its current name in August 1997. The company's primary operations are in Mexico, where it holds significant mineral properties, including the Avino Mine area in Durango. Despite being a Canadian corporation, its main assets and exploration activities are concentrated in Mexico, reflecting a cross-border business model that leverages Canadian corporate governance and Mexican mineral resources.
What are the main properties and projects of Avino Silver & Gold Mines?
Avino Silver & Gold Mines Ltd.'s main property is the Avino Mine area in the state of Durango, Mexico, in which it holds a 100% interest. This property covers approximately 4,086.93 hectares and comprises 42 mineral claims and 4 leased claims. The mine is a key asset for the company, producing silver, gold, copper, and base metals. Additionally, Avino has an option to acquire 100% interest in two other Mexican properties: Ana Maria and El Laberinto. These properties represent potential future development opportunities, though they are not yet in production. The company's portfolio is focused on Mexico, with a strategy of advancing these assets through exploration and potential mining operations.