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Jim Payne, CEO, dynaCERT Inc.

Jim Payne
CEO | dynaCERT Inc.
101-501 Alliance Avenue, M6N 2J1 Toronto, Ontario (CAN)

jpayne@dynacert.com

+1 416 766 9691

dynaCERT CEO Jim Payne on attractive hydrogen opportunities


Sebastian-Justus Schmidt, CEO and Founder, Enapter AG

Sebastian-Justus Schmidt
CEO and Founder | Enapter AG
Ziegelhäuser Landstraße 1, 69120 Heidelberg (D)

info@enapterag.de

Enapter AG CEO and founder Sebastian-Justus Schmidt on the future of hydrogen


John Jeffrey, CEO, Saturn Oil & Gas Inc.

John Jeffrey
CEO | Saturn Oil & Gas Inc.
Suite 1000 - 207 9 Ave SW, T2P 1K3 Calgary, AB (CAN)

jjeffrey@saturnoil.com

+1-587-392-7900

Saturn Oil & Gas CEO John Jeffrey on the future of the company and ESG


17. December 2020 | 09:12 CET

Barrick Gold, Desert Gold Ventures, Yamana Gold - the winners of the next gold price increase

  • Gold
Photo credits: pixabay.com

Central banks are printing new money at a rate that can make you dizzy. No one can answer where this will lead. The Corona pandemic causes further worry lines with its profound effects on our daily life but also in terms of the labour market and economy. Given these general conditions, it is not surprising that gold, as a crisis currency, has marked new highs in the year. Even though there is a consolidation at the moment, the outlook remains positive. Which stock should you bet on?

time to read: 2 minutes by Carsten Mainitz


Nick Mather, CEO, SolGold PLC
"[...] We knew the world was rapidly electrifying and urbanising and needing significant amounts of copper to do so. [...]" Nick Mather, CEO, SolGold PLC

Full interview

 

Author

Carsten Mainitz

The native Rhineland-Palatinate has been a passionate market participant for more than 25 years. After studying business administration in Mannheim, he worked as a journalist, in equity sales and many years in equity research.

About the author


BARRICK GOLD CORPORATION - diversified big player

With the shares of Barrick Gold, investors invest in an established and profitable gold producer. Only Newmont is just ahead of Barrick Gold in terms of annual production and market capitalization. Barrick currently has a market capitalization of around CAD 52 billion and plans to produce up to 5 million ounces of gold in the current year.

In addition to gold, the Group also owns and operates several copper mining operations and projects. Copper is in high demand in the wake of electromobility. In total, the Canadians operate in 13 countries worldwide, particularly in North and South America and Africa. The portfolio includes many of the world's most productive gold districts, with the Group focusing on high-margin, long-life mines.

According to the most recent quarterly data, Barrick achieved record free cash flow of USD 1.3 billion, up 151% year-on-year, as a result of high commodity prices. Currently, the stock is trading at CAD 29, well below its high for the year of CAD 41. Seven of nine analysts rate the stock a "buy" with an average price target of CAD 41.50.

DESERT GOLD VENTURES INC - the tension rises

Desert Gold Ventures Inc. is a gold exploration and development Company and focuses on Africa. The core of the portfolio is two gold exploration permits with large land areas, for the SMSZ project and Djimbala, in western Mali. Mali is the fourth-largest gold producer on the continent.

The day before yesterday, Desert Gold announced that its joint venture partner, Indigo Exploration, had commenced exploration work at the Djimbala Gold Project. After preliminary work, drill targets will be defined within the two zones, Djilefing and Forela. These zones have shown high gold grades in assays. Indigo Exploration acquired the option to purchase up to 100% of the rights to the Djimbala Gold Project subject to certain milestones. Desert Gold would thereby significantly increase its current interest in Indigo Exploration.

The Djimbala Gold Project is 100sqkm in size and is located near producing mines. If positive news from the exploration program follows here, the Company, with a current market value of CAD 21 million, should soon see much higher valuation levels. However, the company's own drilling program, which is currently underway, also offers enormous potential due to its dimensions of 20,000 meters.

YAMANA GOLD INC - strategically to success

The Canadian gold and silver producer is active in North and South America. Yamana's production in the current year will be equivalent to nearly 900,000 gold equivalent ounces.

Like Barrick, the Company reported positive third-quarter numbers in the wake of high precious metals prices. In early December, Yamana announced priorities for its strategic exploration program. The goal is to discover a stand-alone project with resources (inferred) of at least 1.5 million gold equivalent ounces within three years. In the longer term, the discovery is expected to result in a new cash flow generating mine with a production of 150,000 ounces per year for at least eight years.

The Canadians are currently valued at CAD 6.7 billion. The majority of analysts are optimistic about the share and formulate an average price target of around CAD 9.70. Based on this, there is a potential of almost 40%.


Author

Carsten Mainitz

The native Rhineland-Palatinate has been a passionate market participant for more than 25 years. After studying business administration in Mannheim, he worked as a journalist, in equity sales and many years in equity research.

About the author



Conflict of interest & risk note

In accordance with §34b WpHG we would like to point out that Apaton Finance GmbH as well as partners, authors or employees of Apaton Finance GmbH may hold long or short positions in the aforementioned companies and that there may therefore be a conflict of interest. Apaton Finance GmbH may have a paid contractual relationship with the company, which is reported on in the context of the Apaton Finance GmbH Internet offer as well as in the social media, on partner sites or in e-mail messages. Further details can be found in our Conflict of Interest & Risk Disclosure.


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Sibanye-Stillwater, Desert Gold Ventures, Barrick Gold - Take advantage of the consolidation to enter quickly!

  • Gold

When the broad stock market is bullish and the prices of cryptocurrencies go through the roof, it is expected that crisis-proof investments stagnate or fall. Such has been the case with gold recently. But even if the bull market feeds the bull market, a stock market correction is inevitable. Corona and central bank policies' economic scars are too massive to be ignored in the long run. Profiteers from this new reality will undoubtedly be precious metals prices. Those who have fair quality shares of gold producers or gold explorers in their portfolio will outperform the gold price. We present three promising players, where an engagement in the current gold price consolidation will pay off.

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