Unlocking the high Growth Potential of NYSE:AGI.

Our stock screener has detected a potential breakout setup on ALAMOS GOLD INC-CLASS A (NYSE:AGI). This breakout pattern is observed when a stock consolidates following a strong upward movement. It's important to note that this pattern is based on technical analysis, and the actual breakout outcome is uncertain. However, it might be worth keeping an eye on NYSE:AGI.

What is the technical picture of NYSE:AGI telling us.

ChartMill assigns a Technical Rating to every stock. This score ranges from 0 to 10 and is updated daily. The score is determined by evaluating multiple technical indicators and properties.

Taking everything into account, AGI scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, AGI is showing a nice and steady performance.

• Both the short term and long term trends are positive. This is a very positive sign.
• When comparing the yearly performance of all stocks, we notice that AGI is one of the better performing stocks in the market, outperforming 94% of all stocks. On top of that, AGI also shows a nice and consistent pattern of rising prices.
• AGI is one of the better performing stocks in the Metals & Mining industry, it outperforms 83% of 150 stocks in the same industry.
• AGI is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
• In the last month AGI has a been trading in the 19.68 - 23.32 range, which is quite wide. It is currently trading near the high of this range.

Our latest full technical report of AGI contains the most current technical analsysis.

Looking at the Setup

Besides the Technical Rating, ChartMill also assign a Setup Rating to every stock. This setup score also ranges from 0 to 10 and determines to which extend the stock is consolidating. This is achieved by evaluating multiple short term technical indicators. NYSE:AGI currently has a 8 as setup rating:

AGI has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 22.67, 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. Another positive sign is the recent Pocket Pivot signal.

What matters for high growth investors.

• With a favorable trend in its quarter-to-quarter (Q2Q) earnings per share (EPS), ALAMOS GOLD INC-CLASS A highlights its ability to generate increasing profitability, showcasing a 108.0% growth.
• With consistent quarter-to-quarter (Q2Q) revenue growth of 47.6%, ALAMOS GOLD INC-CLASS A exemplifies its ability to generate increased sales and revenue streams. This growth signifies the company's strong business performance and its potential for continued growth.
• The 1-year revenue growth of ALAMOS GOLD INC-CLASS A (24.61%) has been strong, reflecting the company's ability to generate consistent sales growth. This growth suggests the company's ability to meet customer needs and expand its market share.
• ALAMOS GOLD INC-CLASS A has seen a 4.88% change in the average next Quarter EPS Estimate by analysts over the last 3 months, signaling the shifting perception of the company's EPS outlook.
• The quarterly earnings of ALAMOS GOLD INC-CLASS A have shown a 108.0% increase compared to the previous quarter, as revealed in the recent financial report. This growth signifies positive momentum in the company's financials, pointing towards a promising upward trend
• The earnings per share (EPS) growth of ALAMOS GOLD INC-CLASS A are accelerating: the current Q2Q growth of 108.0% is above the previous year Q2Q growth of 33.33%. Earnings momentum and acceleration are key for high growth systems.
• The operating margin of ALAMOS GOLD INC-CLASS A has seen steady growth over the past year, signaling improved profitability. This trend indicates the company's effective cost management and its ability to generate higher returns.
• The free cash flow (FCF) of ALAMOS GOLD INC-CLASS A has seen steady growth over the past year, indicating enhanced cash flow generation and financial health. This trend underscores the company's effective capital management and its ability to generate sustainable cash flows.
• With a Debt-to-Equity ratio at 0.08, ALAMOS GOLD INC-CLASS A showcases its prudent financial management. The company's balanced approach between debt and equity reflects its commitment to maintaining a stable capital structure.
• ALAMOS GOLD INC-CLASS A has exceeded EPS estimates 3 times in the last 4 quarters, demonstrating its ability to outperform market expectations. This trend highlights the company's strong financial performance and its potential for future growth.
• ALAMOS GOLD INC-CLASS A has achieved an impressive Relative Strength (RS) rating of 94.21, showcasing its ability to outperform the broader market. This strong performance positions ALAMOS GOLD INC-CLASS A as an attractive stock for potential price appreciation.

More high growth momentum breakout stocks can be found in our High Growth Momentum Breakout screen.

Disclaimer

Important Note: The content of this article is not intended as trading advice. It is essential to perform your own analysis and exercise caution when making trading decisions. The article presents observations created by automated analysis but does not guarantee any trading or investment outcomes. Always trade responsibly and make independent judgments.