- Avino Silver & Gold Mines is one of the top-performing silver stocks in 2020, with a 70% return year-to-date.
- The company just came off a tough quarter at the company's Avino Mine in Mexico, but mining and production are expected to resume in Q4 with a successful strike resolution.
- However, regardless of the worker's strike and COVID-19 headwinds, annual silver-equivalent ounce production has not grown in years, and Avino continues to be a high-cost producer.
- Therefore, while we should see a more normal return to operations in FY2021, I believe there are much better ways to play the sector.
For further details see:
Avino Silver & Gold Mines: High-Risk, High-Reward