Alamos Eyes Bright Future

Based in Toronto, AGI is in the business of exploring, developing, mining, and extracting precious metals, with gold and silver being a major focus. The company’s operations are primarily in Mexico and Turkey. While the company has a market capitalization of more than $10 billion, it is eyeing aggressive growth throughout its portfolio of projects.

In its fourth-quarter fiscal 2024 earnings report, AGI showed a 32% gain in revenue and a 7% jump in production. Quarterly revenue was $376 million while full-year revenue was $1.3 billion. The production jump yielded 567,000 ounces of gold, with 605,000 ounces projected in 2025. AGI’s cash position strengthened as well, with $327 million on hand, which is up 46% from 2023. The company’s adjusted net earnings were $103 million for the quarter and $329 million for the year.

It’s no wonder AGI shares are up 40% this year – and they could rise more. MAPsignals data shows how Big Money investors are betting heavily on the forward picture of the stock.

Big Money Buying Alamos Shares

Institutional volumes reveal plenty. Recently, AGI has enjoyed strong investor demand, which we believe to be institutional support.

Each green bar signals unusually large volumes in AGI shares. They reflect our proprietary inflow signal, pushing the stock higher:

Plenty of materials names are under accumulation right now. But there’s a powerful fundamental story happening with Alamos.

Alamos Fundamental Analysis

Institutional support and a healthy fundamental backdrop make this company worth investigating. As you can see, AGI has had strong sales and earnings growth:

• 3-year sales growth rate (+18.6%)
• 3-year earnings growth rate (+246.2%)

Source: FactSet

Also, EPS is estimated to ramp higher this year by +5.8%.

Now it makes sense why the stock has been powering to new heights. AGI has a track record of strong financial performance.

Marrying great fundamentals with our proprietary software has found some big winning stocks over the long term.

Alamos has been a top-rated stock at MAPsignals. That means the stock has unusual buy pressure and growing fundamentals. We have a ranking process that showcases stocks like this on a weekly basis.

It’s made the rare Top 20 report multiple times in the last year. The blue bars below show when AGI was a top pick…rising higher with Big Money support:

Tracking unusual volumes reveals the power of money flows.

This is a trait that most outlier stocks exhibit…the best of the best. Big Money demand drives stocks upward.

Alamos Price Prediction

The AGI rally isn’t new at all. Big Money buying in the shares is signaling to take notice. Given the historical gains in share price and strong fundamentals, this stock could be worth a spot in a diversified portfolio.

Disclosure: the author holds no position in AGI at the time of publication.

If you are a Registered Investment Advisor (RIA) or are a serious investor, take your investing to the next level, learn more about the MAPsignals process here.