Mining Stocks Shine Amid Metal Price Volatility
Two mining companies, Avino Silver & Gold Mines (TSX: ASM) and Discovery Mining (TSX: DSV), have been selected for the 2026 TSX 30 list due to their strong financial performance and clear growth paths. The selection comes despite metal prices pulling back from record highs.
The fundamentals of these companies remain solid, with Avino Silver & Gold Mines recording a revenue increase of 23% in its most recently reported quarter, reaching $26.8 million. Mine operating income rose by 27% year over year to $13 million, and adjusted earnings reached $11.1 million or $0.14 per diluted share.
Discovery Mining has also grown significantly, with revenue growth of more than twofold in the second quarter of 2026, driven by higher gold production and a 34% increase in the average realized gold price.