Referenced Stocks

Avino Silver & Gold Releases Operational Update; Shares Pop 4%

By Midnight Trader,  October 24, 2012, 12:50:37 PM EDT

Avino Silver & Gold Mines Ltd. ( ASM ) is up 4.0% after releasing operational update and Q3 production results from its Avino's mine operation located near Durango, Mexico.

On October 1, Avino began processing high grade San Gonzalo material using the 250 tonne per day (TPD) circuit at the Avino milling complex. The company said it anticipates that mining and milling of San Gonzalo material will be ongoing.

ASM also said that it has received the environmental permit to allow the company to restart underground operations and run the 1,000 tpd circuit in the mill. The permit is valid for 13 years.

ASM is trading at $1.56 in a 52-week range of $1.07 - $2.54.




The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.


This article appears in: Investing, Commodities

Referenced Stocks: ASM



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