AVINO SILVER & GOLD MINES (NYSEARCA:ASM) – A Strong Contender in High-Growth Momentum Investing

AVINO SILVER & GOLD MINES (NYSEARCA:ASM) has emerged as a compelling candidate for investors following the Minervini Trend Template strategy while also meeting high-growth momentum criteria. The stock demonstrates strong technical trends and impressive fundamental growth metrics, making it worth a closer look.

Why ASM Fits the Minervini Trend Template

The Minervini Trend Template identifies stocks in strong uptrends with favorable technical conditions. ASM meets all key criteria:

• Price Above Key Moving Averages:

  • Current price ($3.46) is well above the 50-day ($2.76), 150-day ($1.77), and 200-day ($1.62) moving averages.
  • The 50-day MA is above both the 150-day and 200-day MAs, confirming bullish alignment.

• Upward-Trending Moving Averages:

  • The 150-day and 200-day MAs are rising, reinforcing long-term strength.

• Strong Relative Strength:

  • ASM’s ChartMill Relative Strength (CRS) of 98.97 indicates it outperforms nearly 99% of all stocks.

• Price Near 52-Week High:

  • Trading at $3.46, ASM is within 9.2% of its 52-week high ($3.81) and 317% above its 52-week low ($0.83).

High-Growth Momentum Fundamentals

Beyond technical strength, ASM exhibits robust growth metrics:

• Earnings Growth:

  • EPS (TTM) surged 350% YoY.
  • Quarterly EPS growth (Q2Q) soared 744%, with previous quarters also showing triple-digit increases.

• Revenue Expansion:

  • Revenue (TTM) grew 56.3% YoY.
  • Quarterly sales increased 52%, with prior quarters posting gains of 95% and 60%.

• Profitability Improvements:

  • Profit margins expanded to 29.8% in the latest quarter, up from 7.99% two quarters prior.
  • Free cash flow per share grew 293% over the past year.

• Analyst Upgrades:

  • EPS estimates for next year were revised upward by 13.8% over the last three months.

Technical Outlook

ASM’s technical report highlights:

• A perfect 10/10 technical rating, reflecting strong short- and long-term trends.
• A setup rating of 6, suggesting a consolidation phase with potential for a breakout.
• Support levels at $3.44-$3.45, providing a clear stop-loss zone.

For a deeper technical breakdown, review the full technical analysis report.

Our High Growth Momentum + Trend Template screener lists more stocks with similar high-growth and technical strength.

Disclaimer

This is not investment advice. Always conduct your own research before making investment decisions.