AVINO SILVER & GOLD MINES (NYSEARCA:ASM) – A Strong Contender in High-Growth Momentum and Minervini’s Trend Template

AVINO SILVER & GOLD MINES (NYSEARCA:ASM) stands out as a compelling candidate for investors following Mark Minervini’s trend-following strategy while also appealing to high-growth momentum investors. The stock meets the technical criteria of Minervini’s Trend Template and demonstrates strong fundamental growth, making it a noteworthy opportunity.

Why ASM Fits Minervini’s Trend Template

Minervini’s strategy emphasizes stocks in strong uptrends with clear technical strength. ASM checks all key boxes:

• Price Above Key Moving Averages:
  • Current price ($3.34) is well above the 50-day ($2.25), 150-day ($1.56), and 200-day ($1.44) moving averages.
  • The 50-day MA is above both the 150-day and 200-day MAs, confirming bullish momentum.
• Upward-Trending Averages:
  • The 200-day MA has been rising, indicating sustained long-term strength.
• Strong Relative Strength:
  • ASM’s ChartMill Relative Strength (CRS) score of 99.08 means it outperforms nearly all other stocks.
• Price Near 52-Week High:
  • Trading at $3.34, ASM is within 4% of its 52-week high ($3.47) and 302% above its 52-week low ($0.83).

High-Growth Momentum Fundamentals

Beyond technicals, ASM exhibits explosive growth metrics:

• Earnings Growth:
  • EPS (TTM) surged 350% YoY, with recent quarterly EPS growth of 744%.
  • Profit margins expanded significantly, reaching 29.8% in the latest quarter.
• Revenue Growth:
  • Revenue (TTM) grew 56.3% YoY, with quarterly sales up 52%.
  • The company has beaten revenue estimates in 3 of the last 4 quarters.
• Upward Revisions:
  • Analysts have raised next-year EPS estimates by 13.8% over the past three months.

Technical Report Summary

ASM’s technical rating of 10/10 reflects its strong uptrend, leadership in the Metals & Mining sector (outperforming 98% of peers), and recent breakout to new highs. However, the setup rating of 3/10 suggests waiting for a consolidation before entering, as recent volatility may not offer an ideal risk/reward entry yet.

For a deeper dive into ASM’s technicals, see the full technical report here.

Our High Growth Momentum + Trend Template screener lists more stocks meeting these criteria and is updated daily.

Disclaimer

This is not investing advice. The article highlights observations at the time of writing, but you should conduct your own analysis before making investment decisions.