A systematic method for finding good investment chances mixes basic growth speed with technical breakout shapes. This process looks for companies with good earnings speed, positive estimate changes, and growing profit margins, important parts of the ChartMill High Growth Momentum Rating, while also showing good technical condition and consolidation shapes through the Technical and Setup Quality Ratings. Stocks that rate high in these areas make a strong argument for investors looking for growth chances with clear start and finish levels.
TRIPLE FLAG PRECIOUS MET (NYSE:TFPM) appears as a significant candidate from this filtering process, showing traits that interest both growth and technical investors. The company works as a precious metals streaming and royalty business with a varied collection of 237 assets in the Americas and Australia.
Growth Momentum Basics
Triple Flag shows good growth numbers that add to its High Growth Momentum Rating of 7. The company displays large earnings growth across several time periods, with notable force in recent quarterly results:
- EPS growth of 75.5% over the last twelve months
- Steady quarterly EPS speed increase: 100% (Q-3), 66.7% (Q-2), 84.6% (Q-1), and 60% in the latest quarter
- Revenue growth of 31.8% over the past year
- Free cash flow per share grew 345% year-over-year to $0.71
The company has passed earnings guesses in all of the last four quarters by an average of 8.3%, while passing revenue guesses in three of those quarters. Analyst feeling stays positive, with next-year EPS guesses changed upward by 15.4% over the past three months. Profit margin growth gives more proof of operational betterment, growing from 40.2% three quarters ago to 59.2% in the most recent quarter.
Technical Condition Evaluation
According to the detailed technical examination, TFPM gets a Technical Rating of 7, showing good technical condition. The stock has shown strong relative results, doing better than 90% of all stocks over the past year. While the long-term direction stays positive, the short-term direction has turned negative lately, making a possible consolidation chance.
The technical view shows:
- Price trading in the upper part of its 52-week range ($14.51 - $33.51)
- Several moving averages giving support, with the SMA200 at $23.23 and going up
- Support areas found between $27.72-$28.01 and $27.05-$27.23
- Resistance met between $28.53-$29.31
Setup Condition Study
With a Setup Rating of 7, TFPM presents a good consolidation shape for possible breakout traders. The stock has been trading in a fairly wide band between $26.89 and $33.51 over the past month, now staying near the lower part of this band. The technical report notes lower movement during this consolidation time, which often comes before notable price changes.
The setup indicates:
- A possible entry point above $29.32, just past the current resistance area
- A stop-loss level below $27.71, using the found support area
- Risk control measures limiting possible loss to about 5.5% per trade
- Position size allowing for 18.2% capital use for 1% portfolio risk
Investment Points
For growth speed investors, Triple Flag's steady earnings speed increase, positive estimate changes, and growing profit margins match the main ideas of high-growth investment plans. The company's contact with precious metals through streaming and royalty deals gives leveraged upside to commodity prices while lowering operational dangers linked to standard mining companies.
From a technical view, the mix of strong yearly results with recent consolidation makes a good risk-reward setup. The clearly set support and resistance levels allow for exact entry and exit planning, while the stock's relative force suggests it could continue its upward path after a successful breakout.
Investors looking for similar chances can review more candidates through the High Growth Momentum Breakout Setups filter, which often finds stocks meeting these mixed basic and technical needs.
Disclaimer: This study is for information only and does not make up investment advice, suggestion, or backing of any security. Investors should do their own research and think about their personal money situations before making investment choices. Past results do not promise future outcomes.
