Top growth stocks to buy 16/11/17 Avanco Resources Limited...

Top growth stocks to buy 16/11/17

Avanco Resources Limited engages in the exploration and development of mineral properties in Brazil. The company provides employment to 58 people and with the stock’s market cap sitting at AUD A$218.66M, it comes under the small-cap stocks category.
AVB’s forecasted bottom line growth is an exceptional triple-digit, driven by the underlying double-digit sales growth of 43.35% over the next few years. Though some cost-cutting activities may artificially inflate margins, it appears that this isn’t solely the case here, as profit growth is also coupled with high top-line expansion. We see this bottom-line expansion directly benefiting shareholders, with expected return on equity coming in at a notable 21.42%. AVB’s impressive outlook on all aspects makes it a worthy company to spend more time to understand. Should you add AVB to your portfolio? Other fundamental factors you should also consider can be found here.
ASX:AVB Future Profit Nov 17th 17