TRIPLE FLAG PRECIOUS MET (NYSE:TFPM) stands out as a high-growth momentum candidate with a solid technical setup. The company, a precious metals streaming and royalty firm, has demonstrated strong earnings and revenue growth while presenting a favorable chart pattern for potential breakout investors.
Growth Momentum Highlights
Earnings Growth: TFPM reported a 69.2% year-over-year increase in EPS (TTM), with recent quarterly EPS growth at 66.7%. The next quarter is expected to see a 63.5% rise.
Revenue Growth: Sales grew 39% over the past year, with recent quarterly revenue expanding by 43%.
Profit Margins: The company’s profit margin improved significantly, reaching 55.3% in the latest quarter, up from 17.8% a year earlier.
Estimate Beats: TFPM has beaten EPS estimates in all of the last four quarters, with an average surprise of 6.9%.
Technical Strength & Setup
Technical Rating (7/10): TFPM maintains a solid uptrend, outperforming 81% of stocks over the past year.
Setup Quality (8/10): The stock is consolidating with reduced volatility, suggesting a potential breakout opportunity. Support is found near $23.08, providing a clear stop-loss level.
Trend Analysis: While the short-term trend is slightly negative, the long-term trend remains positive, indicating possible resilience.
Support & Resistance: Key resistance lies at $24.73 and $25.13, while multiple support levels offer downside protection.