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:
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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.
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Upward-Trending Moving Averages:
- The 150-day and 200-day MAs are rising, reinforcing long-term strength.
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Strong Relative Strength:
- ASM’s ChartMill Relative Strength (CRS) of 98.97 indicates it outperforms nearly 99% of all stocks.
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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:
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Earnings Growth:
- EPS (TTM) surged 350% YoY.
- Quarterly EPS growth (Q2Q) soared 744%, with previous quarters also showing triple-digit increases.
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Revenue Expansion:
- Revenue (TTM) grew 56.3% YoY.
- Quarterly sales increased 52%, with prior quarters posting gains of 95% and 60%.
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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.
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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.
