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Side-by-side financial comparison of AVINO SILVER & GOLD MINES LTD (ASM) and Hudbay Minerals Inc. (HBM). Click either name above to swap in a different company.

Hudbay Minerals Inc. is the larger business by last-quarter revenue ($2.0B vs $21.0M, roughly 96.1× AVINO SILVER & GOLD MINES LTD). AVINO SILVER & GOLD MINES LTD runs the higher net margin — 36.6% vs 3.4%, a 33.2% gap on every dollar of revenue. Over the past eight quarters, Hudbay Minerals Inc.'s revenue compounded faster (161.7% CAGR vs 51.1%).

Avino Silver & Gold Mines Ltd is a Canada-based mining company engaged in the exploration, development, and production of precious and base metals, primarily silver, gold, and copper. It operates its flagship Avino Mine property in Durango, Mexico, with its metal products supplied to global industrial and commodity markets.

Hudbay Minerals Inc. is a Canadian mining company that produces copper, gold, silver, zinc, and molybdenum. In 2024, the company produced 137,943 tonnes of copper, 332,240 ounces of gold, 3,983,851 ounces of silver, 33,339 tonnes of zinc, and 1,323 tonnes of molybdenum. In 2024, copper sales represented 57% of revenue, gold sales represented 33% of revenue, and zinc sales represented 4% of revenue.

ASM vs HBM — Head-to-Head

Bigger by revenue
HBM
HBM
96.1× larger
HBM
$2.0B
$21.0M
ASM
Higher net margin
ASM
ASM
33.2% more per $
ASM
36.6%
3.4%
HBM
Faster 2-yr revenue CAGR
HBM
HBM
Annualised
HBM
161.7%
51.1%
ASM

Income Statement — Q3 2025 vs Q1 2026

Metric
ASM
ASM
HBM
HBM
Revenue
$21.0M
$2.0B
Net Profit
$7.7M
$67.8M
Gross Margin
47.1%
27.4%
Operating Margin
Net Margin
36.6%
3.4%
Revenue YoY
44.0%
Net Profit YoY
558.9%
EPS (diluted)
$0.05

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
ASM
ASM
HBM
HBM
Q1 26
$2.0B
Q4 25
$1.5B
Q3 25
$21.0M
Q2 25
$21.8M
$110.9K
Q1 25
$18.8M
$525.0M
Q4 24
$1.4B
Q3 24
$14.6M
$5.3K
Q2 24
$14.8M
$113.3K
Net Profit
ASM
ASM
HBM
HBM
Q1 26
$67.8M
Q4 25
Q3 25
$7.7M
Q2 25
$2.9M
Q1 25
$5.6M
$18.5M
Q4 24
Q3 24
$1.2M
Q2 24
$1.2M
Gross Margin
ASM
ASM
HBM
HBM
Q1 26
27.4%
Q4 25
Q3 25
47.1%
Q2 25
46.9%
Q1 25
56.1%
29.0%
Q4 24
Q3 24
39.1%
Q2 24
31.8%
Net Margin
ASM
ASM
HBM
HBM
Q1 26
3.4%
Q4 25
Q3 25
36.6%
Q2 25
13.1%
Q1 25
29.8%
3.5%
Q4 24
Q3 24
8.0%
Q2 24
8.4%
EPS (diluted)
ASM
ASM
HBM
HBM
Q1 26
Q4 25
Q3 25
$0.05
Q2 25
$0.02
Q1 25
$0.04
Q4 24
Q3 24
$0.01
Q2 24
$0.01

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
ASM
ASM
HBM
HBM
Cash + ST InvestmentsLiquidity on hand
$57.3M
Total DebtLower is stronger
Stockholders' EquityBook value
$182.1M
Total Assets
$221.9M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ASM
ASM
HBM
HBM
Q1 26
Q4 25
Q3 25
$57.3M
Q2 25
$37.3M
Q1 25
$26.6M
Q4 24
Q3 24
$7.8M
Q2 24
$5.3M
Stockholders' Equity
ASM
ASM
HBM
HBM
Q1 26
Q4 25
Q3 25
$182.1M
Q2 25
$144.8M
Q1 25
$132.3M
Q4 24
Q3 24
$114.5M
Q2 24
$112.2M
Total Assets
ASM
ASM
HBM
HBM
Q1 26
Q4 25
Q3 25
$221.9M
Q2 25
$174.7M
Q1 25
$157.7M
Q4 24
Q3 24
$135.4M
Q2 24
$133.7M

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
ASM
ASM
HBM
HBM
Operating Cash FlowLast quarter
$8.3M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
1.08×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ASM
ASM
HBM
HBM
Q1 26
Q4 25
Q3 25
$8.3M
Q2 25
$8.3M
Q1 25
$758.0K
Q4 24
Q3 24
$4.1M
Q2 24
$1.1M
Cash Conversion
ASM
ASM
HBM
HBM
Q1 26
Q4 25
Q3 25
1.08×
Q2 25
2.92×
Q1 25
0.13×
Q4 24
Q3 24
3.55×
Q2 24
0.87×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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