Earnings Call Summary | Avino Silver & Gold Mines(ASM.US) Q4 2023 Earnings Conference
Earnings Call Summary | Avino Silver & Gold Mines(ASM.US) Q4 2023 Earnings Conference
The following is a summary of the Avino Silver & Gold Mines Ltd. (ASM) Q4 2023 Earnings Call Transcript:
Financial Performance:
Avino Silver & Gold Mines Ltd. reported Q4 net income of $0.5 million and adjusted earnings of $2 million or $0.02 per share.
Q4 revenues were at $12.5 million with full-year revenues almost reaching $44 million.
Mine operating income for Q4 was $2.6 million, resulting in a $3.6 million cash operating margin. Full-year mine operating income was at $7.8 million.
Cash costs per silver equivalent payable ounce for Q4 and the yearly average were $15 and $15.61 respectively, indicating a decrease from previous quarters in 2023.
Business Progress:
Avino announced 2023 Q4 and year-end production with silver equivalent production at 558,000. They plan to process between 700,000 to 750,000 tonnes in 2024.
They completed the pre-feasibility study on the Oxide Tailings project, estimating a net present value of US$61 million post-tax, and projecting it as a future asset.
A long-term land use agreement was signed for the development of La Preciosa in Durango, Mexico, with capital costs between US$3 million and US$4 million.
The company aims to decrease costs over the next two to three years due to higher-grade silver mines coming online and expects to expand production in the next five years to the 7.5 million to 9 million-ounce silver equivalent range.
More details: Avino Silver & Gold Mines IR
Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
The following is a summary of the Avino Silver & Gold Mines Ltd. (ASM) Q4 2023 Earnings Call Transcript:
以下是Avino Silver & Gold Mines Ltd.(ASM)2023年第四季度業績電話會議記錄摘要:
Financial Performance:
財務業績:
Avino Silver & Gold Mines Ltd. reported Q4 net income of $0.5 million and adjusted earnings of $2 million or $0.02 per share.
Q4 revenues were at $12.5 million with full-year revenues almost reaching $44 million.
Mine operating income for Q4 was $2.6 million, resulting in a $3.6 million cash operating margin. Full-year mine operating income was at $7.8 million.
Cash costs per silver equivalent payable ounce for Q4 and the yearly average were $15 and $15.61 respectively, indicating a decrease from previous quarters in 2023.
Avino Silver & Gold Mines Ltd.公佈的第四季度淨收入爲50萬美元,調整後的收益爲200萬美元,合每股收益0.02美元。
第四季度收入爲1,250萬美元,全年收入幾乎達到4,400萬美元。
礦山第四季度的營業收入爲260萬美元,現金營業利潤率爲360萬美元。礦山全年營業收入爲780萬美元。
第四季度每盎司白銀等價物的現金成本和年度平均值分別爲15美元和15.61美元,與2023年前幾個季度相比有所下降。
Business Progress:
業務進展:
Avino announced 2023 Q4 and year-end production with silver equivalent production at 558,000. They plan to process between 700,000 to 750,000 tonnes in 2024.
They completed the pre-feasibility study on the Oxide Tailings project, estimating a net present value of US$61 million post-tax, and projecting it as a future asset.
A long-term land use agreement was signed for the development of La Preciosa in Durango, Mexico, with capital costs between US$3 million and US$4 million.
The company aims to decrease costs over the next two to three years due to higher-grade silver mines coming online and expects to expand production in the next five years to the 7.5 million to 9 million-ounce silver equivalent range.
Avino宣佈2023年第四季度及年終產量,白銀當量產量爲55.8萬枚。他們計劃在2024年加工70萬至75萬噸。
他們完成了氧化物尾礦項目的預可行性研究,估計稅後淨現值爲6,100萬美元,並將其預測爲未來資產。
簽署了在墨西哥杜蘭戈開發La Preciosa的長期土地使用協議,資本成本在300萬至400萬美元之間。
由於更高品位的銀礦上線,該公司的目標是在未來兩到三年內降低成本,並預計將在未來五年內將產量擴大到750萬至900萬盎司的白銀當量區間。
More details: Avino Silver & Gold Mines IR
Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
提示:欲了解更多詳情,請訪問投資者關係網站。本文僅供投資者參考,不構成任何投資建議。
譯文內容由第三人軟體翻譯。
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