Exploring the Growth Potential of NYSE:AGI as It Nears a Breakout.

In this article, we'll take a closer look at ALAMOS GOLD INC-CLASS A (NYSE:AGI) as a potential candidate for growth investing. While it's important for investors to conduct their own research, ALAMOS GOLD INC-CLASS A has piqued our interest by appearing on our strong growth and breakout radar. Let's explore further.

Growth Analysis for NYSE:AGI

Every stock receives a Growth Rating from ChartMill, ranging from 0 to 10. This rating assesses various growth aspects, including historical and projected EPS and revenue growth. NYSE:AGI boasts a 9 out of 10:

• The Earnings Per Share has grown by an impressive 36.00% over the past year.
• Measured over the past years, AGI shows a very strong growth in Earnings Per Share. The EPS has been growing by 60.35% on average per year.
• AGI shows a strong growth in Revenue. In the last year, the Revenue has grown by 22.50%.
• The Revenue has been growing by 9.44% on average over the past years. This is quite good.
• The Earnings Per Share is expected to grow by 35.04% on average over the next years. This is a very strong growth
• The Revenue is expected to grow by 20.15% on average over the next years. This is a very strong growth
• The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.

ChartMill's Evaluation of Health

ChartMill assigns a Health Rating to every stock. This score ranges from 0 to 10 and evaluates the different health aspects like liquidity and solvency, both absolutely, but also relative to the industry peers. NYSE:AGI scores a 6 out of 10:

• An Altman-Z score of 3.06 indicates that AGI is not in any danger for bankruptcy at the moment.
• AGI has a debt to FCF ratio of 1.45. This is a very positive value and a sign of high solvency as it would only need 1.45 years to pay back of all of its debts.
• AGI has a better Debt to FCF ratio (1.45) than 80.27% of its industry peers.
• AGI has a Debt/Equity ratio of 0.08. This is a healthy value indicating a solid balance between debt and equity.
• AGI's Debt to Equity ratio of 0.08 is fine compared to the rest of the industry. AGI outperforms 61.22% of its industry peers.
• The current and quick ratio evaluation for AGI is rather negative, while it does have excellent solvency and profitability. These ratios do not necessarly indicate liquidity issues and need to be evaluated against the specifics of the business.

Profitability Insights: NYSE:AGI

ChartMill employs its own Profitability Rating system for stock evaluation. This score, ranging from 0 to 10, is derived from an analysis of diverse profitability metrics and margins. In the case of NYSE:AGI, the assigned 8 is noteworthy for profitability:

• AGI has a better Return On Assets (4.61%) than 74.83% of its industry peers.
• With a decent Return On Equity value of 6.95%, AGI is doing good in the industry, outperforming 70.75% of the companies in the same industry.
• Looking at the Return On Invested Capital, with a value of 6.72%, AGI is in the better half of the industry, outperforming 72.11% of the companies in the same industry.
• The last Return On Invested Capital (6.72%) for AGI is above the 3 year average (5.43%), which is a sign of increasing profitability.
• The Profit Margin of AGI (19.89%) is better than 90.48% of its industry peers.
• In the last couple of years the Profit Margin of AGI has grown nicely.
• Looking at the Operating Margin, with a value of 34.13%, AGI belongs to the top of the industry, outperforming 91.16% of the companies in the same industry.
• AGI's Operating Margin has improved in the last couple of years.
• Looking at the Gross Margin, with a value of 45.64%, AGI belongs to the top of the industry, outperforming 85.03% of the companies in the same industry.
• AGI's Gross Margin has improved in the last couple of years.

How do we evaluate the setup for NYSE:AGI?

Alongside the Technical Rating, ChartMill assigns a Setup Rating to evaluate the consolidation level of a stock. This rating, ranging from 0 to 10, is updated daily and considers various short-term technical indicators. The current setup rating for NYSE:AGI is 8:

Besides having an excellent technical rating, AGI also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 19.25, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for AGI in the last couple of days, which is a good sign. Very recently a Pocket Pivot signal was observed. This is another positive sign.

Our Strong Growth screener lists more Strong Growth stocks and is updated daily.

For an up to date full fundamental analysis you can check the fundamental report of AGI

For an up to date full technical analysis you can check the technical report of AGI

Keep in mind

This article should in no way be interpreted as advice. The article is based on the observed metrics at the time of writing, but you should always make your own analysis and trade or invest at your own responsibility.