ARIS MINING CORP (NYSEARCA:ARMN) has been identified as a high-growth momentum stock that aligns with Mark Minervini’s Trend Template. The company’s strong technical setup and improving fundamentals make it a compelling candidate for growth-focused investors.
Why ARMN Fits the Minervini Trend Template
Minervini’s strategy focuses on stocks exhibiting strong uptrends with favorable technical conditions. ARMN meets these criteria:
Price Above Key Moving Averages: The stock is trading above its 50-day ($5.94), 150-day ($4.62), and 200-day ($4.62) moving averages, confirming a bullish trend.
Rising Moving Averages: The 50-day, 150-day, and 200-day MAs are all trending upward, reinforcing long-term strength.
Strong Relative Strength: With a ChartMill Relative Strength score of 95.8, ARMN outperforms 95% of all stocks, indicating market leadership.
Price Near 52-Week High: At $6.85, ARMN is within 2.2% of its 52-week high ($7.01), a sign of sustained momentum.
Volatility Contraction: The stock has consolidated in a tight range ($6.12–$7.00) recently, suggesting a potential breakout.
Earnings Growth: EPS surged 300% year-over-year in the latest quarter, with full-year EPS growth at 70.1%.
Revenue Expansion: Revenue increased 46.4% quarter-over-quarter and 14.1% year-over-year.
Profitability Improvement: Despite some quarterly margin fluctuations, the trailing twelve-month (TTM) profit margin stands at 4.8%, up from 2.6% the prior year.
Free Cash Flow Growth: FCF per share improved by 68% year-over-year, signaling better operational efficiency.