Silver equivalent production increased 101 percent to 652,620 ounces in the January-to-March quarter, compared to 323,898 ounces in the year-earlier period, the Vancouver, British Columbia-based company said in a statement today.
Silver production increased 56 percent to 363,210 ounces in the first quarter from 232,401 ounces a year earlier, while gold production increased 37 percent to 1,750 ounces.
Avino said that its copper production continued from start-up phase in late 2014 and 872,884 pounds were processed.
"Avino is pleased to report record quarterly production as a result of the successful reopening of the historic Avino mine and commissioning of the new 1,000 TPD Mill Circuit 3; operating performance during the quarter was in-line with management's expectations,” chief executive officer David Wolfin said in the statement.
"Our current focus is to optimize the performance of Mill Circuit 3 and add to our growing underground mining fleet. A new jumbo and grader are expected in the second half of this year, and further improvements in efficiency are anticipated," he added.
Shares closed down 1.2 percent to C$1.69 in Toronto on Friday, leaving the company with a market value of C$60.1 million.