UNITED STATES ANTIMONY CORP (NYSEARCA:UAMY) has been identified as a potential high-growth candidate that aligns with Mark Minervini’s Trend Template. The stock exhibits strong technical momentum and improving fundamentals, making it worth a closer look for growth-oriented investors.
Why UAMY Fits the Minervini Trend Template
Minervini’s strategy focuses on stocks with strong uptrends, positive moving average alignment, and high relative strength. UAMY meets these criteria:
- Price Above Key Moving Averages: UAMY is trading above its 50-day ($2.76), 150-day ($2.33), and 200-day ($1.95) moving averages, confirming a bullish trend.
- Rising Moving Averages: The 50-day, 150-day, and 200-day moving averages are all trending upward, indicating sustained momentum.
- Strong Relative Strength: With a ChartMill Relative Strength (CRS) score of 99.58, UAMY outperforms nearly all other stocks in its sector.
- Price Near 52-Week High: The stock is trading at $3.73, within 11% of its 52-week high of $4.19, a positive sign for continued strength.
High Growth Momentum Fundamentals
Beyond technical strength, UAMY shows accelerating growth metrics:
- Revenue Growth: Sales surged 147% year-over-year in the latest quarter, with TTM revenue growth exceeding 105%.
- Earnings Improvement: EPS grew 462% in the most recent quarter, a sharp rebound from previous periods.
- Profit Margin Expansion: The latest quarter’s profit margin stood at 7.78%, up from negative figures in prior years.
While earnings remain modest, the rapid acceleration in revenue and profitability suggests improving business conditions.
Technical Outlook
According to ChartMill’s technical report, UAMY has a perfect technical rating of 10, reflecting strong price momentum. However, the setup rating is currently 3, indicating that the stock may need a consolidation phase before an optimal entry point emerges. Key support levels include $3.52 and $2.37, while resistance sits near $3.77 and $3.88.
For a full breakdown, review the UAMY Technical Analysis Report.
Our High Growth Momentum + Trend Template Screener provides more stocks that fit this strategy.
Disclaimer
This is not investment advice. Always conduct your own research and consider risk management before making investment decisions.
