Applying Mark Minervini’s growth stock checklist to AVINO SILVER & GOLD MINES (NYSEARCA:ASM)

Growth investors are looking for stocks showing high revenue and EPS growth. We will have a look here to see if AVINO SILVER & GOLD MINES (NYSEARCA:ASM) is suited for growth investing. Investors should of course do their own research, but we spotted AVINO SILVER & GOLD MINES showing up in our Minervini growth screen, so it may be worth spending some more time on it.

Minervini Trend Template Analysis.

The Minervini Trend Template is a set of technical criteria designed to identify stocks in strong uptrends. We can check all the boxes for ASM:

• ✔ Relative Strength is above 70.
• ✔ Current price is within 25% of it's 52-week high.
• ✔ Current price is at least 30% above it's 52-week low.
• ✔ The current price is above the 50-, 150- and 200-day SMA price line.
• ✔ The SMA(200) is trending upwards.
• ✔ The SMA(150) is above the SMA(200)
• ✔ The SMA(50) is above the SMA(150) and the SMA(200)

Why ASM may be interesting for high growth investors.

ChartMill assigns a High Growth Momentum Rating (HGM) to every stock. This score ranges from 0 to 10 and evaluates the different growth and profitability aspects, including accelleration, surprises and revisions. ASM scores a 6 out of 10:

Earnings Momentum

• The recent financial report of ASM demonstrates a 753.0% increase in quarterly earnings compared to the previous quarter. This growth indicates positive momentum in the company's financials and suggests a promising upward trend
• The earnings per share (EPS) growth of ASM is accelerating: the current Q2Q growth of 753.0% is above the previous quarter Q2Q growth of 183.0%. Earnings momentum and acceleration are key for high growth systems.
• EPS growth accelerated for 2 quarters in a row.
• ASM has achieved 150.0% growth in EPS over the past 12 months, reflecting a sustained improvement in earnings performance.
• The q2q revenue growth of 94.59% of ASM highlights the company's ability to generate incremental revenue and suggests positive market demand for its products or services.
• ASM shows accelerating Sales growth: when comparing the current Q2Q growth of 94.59% to the previous quarter Q2Q growth of 18.64%, we see the growth rate improving.
• ASM has demonstrated strong 1-year revenue growth of 50.75%, reflecting revenue momentum and its ability to generate consistent top-line expansion. This growth underscores the company's strong market position and its potential for future success.

Financial Strength & Profitability

• With positive growth in its operating margin over the past year, ASM showcases its ability to improve profitability through effective cost control and operational efficiency. This growth underscores the company's commitment to enhancing its financial performance.
• The profit margin of ASM has seen steady growth over the past year, signaling improved profitability.
• With positive growth in its free cash flow (FCF) over the past year, ASM showcases its ability to generate strong cash flows and maintain a solid financial position. This growth reflects the company's efficient utilization of capital and its commitment to long-term value creation.
• At a Debt/Equity ratio of 0.01, ASM seems well-positioned to sustain growth while keeping debt in check.

Strong Market Performance

• ASM has achieved an impressive Relative Strength (RS) rating of 99.02, showcasing its ability to outperform the broader market.

Why is ASM a setup?

ChartMill also assign a Setup Rating to every stock. This setup score also ranges from 0 to 10 and determines to which extend the stock is consolidating. This is achieved by evaluating multiple short term technical indicators. ASM currently has a 5 as setup rating:

ASM has an excellent technical rating, but the quality of the setup is only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.

Check the latest full technical report of ASM for a complete technical analysis.

Final Thoughts

More ideas for high growth momentum stocks can be found on ChartMill in our High Growth Momentum + Trend Template screen.

Keep in mind

This is not investing advice! The article highlights some of the observations at the time of writing, but you should always make your own analysis and invest based on your own insights.