Avino Posts Net Earnings of $1.45 Million for Q2 2013

Avino Silver and Gold Mines Ltd. (TSXV:ASM,NYSEMKT:ASM) announced its financial results for the second quarter of 2013, commenting that its net earnings came in at $1.45 million, while cash flow from operations was $2.3 million.

According to the press release, other highlights include:

• Revenues reported for the quarter $4,951,952
• Mine operating income $2,338,399
• General and administrative expenses $957,206
• Earnings before income taxes $1,532,301
• Earnings for the period $1,447,301
• Earnings per share – basic and diluted $0.05
• Processed ore for Q2 2013 was 19,988 tonnes
• Silver ounces sold for Q2 2013 was 161,852
• Gold ounces sold for Q2 2013 was 751
• Consolidated cash cost per equivalent silver ounce was $11.72

Click here to read the full Avino Silver and Gold Mines Ltd. (TSXV:ASM,NYSEMKT:ASM) press release.