Bullish Case: AGI's acquisition of Argonaut Gold to enhance production and efficiency with expected synergies ($515m) may spur growth, outperforming the mean reversion trend.


Bearish Case: AGI's mean reversion pattern and potential unknowns in broad market conditions could lead to price pullbacks despite the recent acquisition announcement.


Potential Outcomes: Upside from acquisition integration (60%); downside due to market conditions or operational inefficiencies post-acquisition (40%).


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April 06, 2024


Alamos Gold Forecast

AGI        Alamos Gold
Price Forecast: BULLISH    Price Action: MEAN REVERTING (?)






Correlated Stock Forecasts

Assets that tend to move strongly with AGI



NGD Forecast + Options Trading Strategies   [NGD]  New Gold (0.84)


AEM Forecast + Options Trading Strategies   [AEM]  Agnico Eagle Mines (0.78)


EGO Forecast + Options Trading Strategies   [EGO]  Eldorado Gold (0.76)


UGL Forecast + Options Trading Strategies   [UGL]  ProShares Ultra Gold (0.76)


GLD Forecast + Options Trading Strategies   [GLD]  SPDR Gold Shares (0.71)



Uncorrelated Stock Forecasts

Assets with little price relationship to AGI



CLH Forecast + Options Trading Strategies   [CLH]  Clean Harbors (0.0)


LXRX Forecast + Options Trading Strategies   [LXRX]  Lexicon Pharmaceuticals (-0.0)


RF Forecast + Options Trading Strategies   [RF]  Regions Financial (0.0)


OVV Forecast + Options Trading Strategies   [OVV]  Ovintiv (-0.0)


DLO Forecast + Options Trading Strategies   [DLO]  DLocal (-0.0)



Anticorrelated Stock Forecasts

Assets that tend to move strongly against AGI



EXTR Forecast + Options Trading Strategies   [EXTR]  Extreme Networks (-0.53)


ON Forecast + Options Trading Strategies   [ON]  ON Semiconductor (-0.53)


MTCH Forecast + Options Trading Strategies   [MTCH]  Match (-0.64)


ZSL Forecast + Options Trading Strategies   [ZSL]  ProShares UltraShort Silver (-0.74)


JDST Forecast + Options Trading Strategies   [JDST]  Direxion Daily Junior Gold Miners Index Be (-0.83)





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