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Save your seatASM ran from roughly $5.60 in mid-April to about $7.10 by late May after record Q1 2026 financial results and a new consolidated reserve estimate put fresh focus on La Preciosa growth.
The stock has the potential to go down if it loses $6.50, and that could open a retrace toward $5.75 to $6.00. Any fade in silver prices, weaker follow-through from La Preciosa, or dilution under its at-the-market share sale program would add pressure.
If ASM holds the $6.50 to $6.80 area, a move back toward $8.00 to $8.35 is on the table as silver stays firm and traders keep leaning on the reserve and cash flow story. Resistance near $7.50 is the first hurdle.
We don't currently have information about Avino Silver & Gold Mines Ltd. (Canada)'s earnings.