AVINO SILVER & GOLD MINES (NYSEARCA:ASM) – A Strong Momentum Stock Aligned with Minervini’s Trend Model

AVINO SILVER & GOLD MINES (NYSEARCA:ASM) – A Strong Momentum Stock Matching Minervini’s Trend Model

Mark Minervini’s Trend Model is a structured way to find stocks in clear uptrends, blending technical and fundamental factors to spot high-potential picks. The approach focuses on stocks trading above important moving averages, showing strong performance compared to peers, and displaying fast earnings and revenue growth. When combined with a High Growth Momentum (HGM) filter—which looks for firms with solid earnings and sales growth—the method helps identify stocks with both technical momentum and fundamental support.

Why ASM Matches the Minervini Trend Model

AVINO SILVER & GOLD MINES (NYSEARCA:ASM) fits key parts of Minervini’s Trend Model, making it an interesting option for trend-focused investors:

• Price Above Key Moving Averages: ASM’s current price ($3.54) is well above its 50-day ($3.44), 150-day ($2.15), and 200-day ($1.91) moving averages, confirming a strong uptrend across different timeframes.
• Rising Averages: The 50-day, 150-day, and 200-day MAs are all moving higher, with the 50-day above both the 150-day and 200-day—a positive sign.
• Strong Performance: ASM’s ChartMill Relative Strength (CRS) score of 98.28 shows it beats nearly 98% of all stocks, a sign of market leadership.
• Price Gains: The stock has risen 244% over the past year and trades within 20% of its 52-week high ($4.41), another Minervini requirement for momentum stocks.

High Growth Momentum Fundamentals

Beyond technicals, ASM shows fast growth in earnings and revenue, key factors for growth-focused investors:

• Earnings Growth:
  • Quarterly EPS jumped 744% year-over-year (YoY), with the prior quarter up 753%.
  • Trailing twelve-month (TTM) EPS growth is 350%, reflecting faster profitability.
• Revenue Growth:
  • Quarterly revenue increased 52% YoY, with the previous quarter up 95%.
  • TTM revenue growth is 56%, showing steady demand for its silver and gold production.
• Profit Margins: Net margins rose to 29.8% in the latest quarter, up from 7.99% two quarters ago, indicating better operational efficiency.

These numbers match Minervini’s focus on firms with "big earnings surprises" and upward revisions—traits that often draw institutional interest.

Technical Strength and Setup

ASM’s technical rating of 10/10 reflects its strong trend and market-beating performance. However, the setup rating of 4/10 suggests recent volatility may require waiting for a better entry. Key points from the technical report:

• Support Levels: Strong support lies between $3.36–$3.44, backed by moving averages and trendlines.
• Market Leadership: ASM beats 96% of metals and mining peers, highlighting its sector strength.
• Caution: The stock has moved in a wide range recently ($3.21–$4.41), and a period of stability could improve the risk/reward balance.

Finding Similar Opportunities

For investors looking for other high-growth momentum stocks that fit the Minervini Trend Model, check our predefined screen.

Conclusion

ASM’s mix of technical strength, fast earnings growth, and sector leadership makes it a notable pick for investors using Minervini’s approach. While the current setup lacks ideal stability, its growth path and trend alignment justify close watch for potential entry points.

Disclaimer: This analysis is for informational purposes only and does not constitute investment advice. Always conduct your own due diligence and consider risk management strategies before trading. Read our full disclaimer here.