January 15th, 2020 | 15:05 CET
Barrick Gold, Triumph Gold, Yamana Gold - Precious metals for the portfolio
For investors in the gold sector 2019 was a year of liberation from a year-long sideways trend. During this period, the troy ounce of gold was traded in the range of approximately USD 1,257.00 to USD 1,557.00. In the time window from May to September, the price rose by around USD 300.00, thus causing a great deal of euphoria among investors. In addition to the physical precious metal, investors also have the opportunity to participate in the value chain from the extraction of the precious metal.
time to read: 1 minutes
|
Author:
Mario Hose
ISIN:
CA8968121043 , CA0679011084 , CA98462Y1007
Table of contents:
"[...] Internally we expect the resource to significantly grow the deeper we mine. [...]" Dennis Karp, Executive Chairman, Manuka Resources
Author
Mario Hose
Born and raised in Hannover, Lower Saxony follows social and economic developments around the globe. As a passionate entrepreneur and columnist he explains and compares the most diverse business models as well as markets for interested stock traders.
Tag cloud
Shares cloud
Heavyweight gold producer
The gold producer Barrick Gold is one of the largest market participants in this segment with a current price of EUR 15.79 and a market capitalization of over EUR 28 billion. Last year, the company's shares were traded between lows and highs of less than EUR 11.00 and more than EUR 18.00. Investors who had Barrick in their portfolios were able to experience volatility, but in regards to that this stock certainly has the charm of a fully comprehensive insurance policy for the financial system, diversification often outweighs as a motivation against price fluctuations.
Potential in the Yukon
The shares of the exploration company Triumph Gold was also subject to intensive price fluctuations last year. With a price of EUR 0.185 per share and a current market value of less than EUR 16 million, the company is one of the lightweights on the market. Triumph Gold is active in the Canadian Yukon and explores the company's own properties there. One of Triumph Gold's largest shareholders is Newmont with a stake of around 18%. The shares of Triumph Gold changed hands in 2019 between below EUR 0.15 and above EUR 0.35. It will probably only be a matter of time before the share wakes up from its slumber.
Gold price indicates where the price is heading
Yamana Gold is a precious metals producer with properties in North and South America. The company's shares changed hands last year at less than EUR 1.65 in the low and more than EUR 3.50 in the high. Currently, Yamana Gold has a market capitalization of EUR 3.1 billion at a price of EUR 3.38 and is thus in the midfield of the companies mentioned above.
The further development of the gold price will usually influence the interest of investors - the higher the price of the troy ounce, the higher the margin. In the case of Triumph Gold, it can be assumed that the management is seeking a takeover by a major gold producer. It stands to reason that Newmont is also on the list of candidates as a major shareholder.
Conflict of interest
Pursuant to §85 of the German Securities Trading Act (WpHG), we point out that Apaton Finance GmbH as well as partners, authors or employees of Apaton Finance GmbH (hereinafter referred to as "Relevant Persons") may in the future hold shares or other financial instruments of the mentioned companies or will bet on rising or falling on rising or falling prices and therefore a conflict of interest may arise in the future. conflict of interest may arise in the future. The Relevant Persons reserve the shares or other financial instruments of the company at any time (hereinafter referred to as the company at any time (hereinafter referred to as a "Transaction"). "Transaction"). Transactions may under certain circumstances influence the respective price of the shares or other financial instruments of the of the Company.
Furthermore, Apaton Finance GmbH reserves the right to enter into future relationships with the company or with third parties in relation to reports on the company. with regard to reports on the company, which are published within the scope of the Apaton Finance GmbH as well as in the social media, on partner sites or in e-mails, on partner sites or in e-mails. The above references to existing conflicts of interest apply apply to all types and forms of publication used by Apaton Finance GmbH uses for publications on companies.
Risk notice
Apaton Finance GmbH offers editors, agencies and companies the opportunity to publish commentaries, interviews, summaries, news and etc. on news.financial. These contents serve information for readers and does not constitute a call to action or recommendations, neither explicitly nor implicitly. implicitly, they are to be understood as an assurance of possible price be understood. The contents do not replace individual professional investment advice and do not constitute an offer to sell the share(s) offer to sell the share(s) or other financial instrument(s) in question, nor is it an nor an invitation to buy or sell such.
The content is expressly not a financial analysis, but rather financial analysis, but rather journalistic or advertising texts. Readers or users who make investment decisions or carry out transactions on the basis decisions or transactions on the basis of the information provided here act completely at their own risk. There is no contractual relationship between between Apaton Finance GmbH and its readers or the users of its offers. users of its offers, as our information only refers to the company and not to the company, but not to the investment decision of the reader or user. or user.
The acquisition of financial instruments entails high risks that can lead to the total loss of the capital invested. The information published by Apaton Finance GmbH and its authors are based on careful research on careful research, nevertheless no liability for financial losses financial losses or a content guarantee for topicality, correctness, adequacy and completeness of the contents offered here. contents offered here. Please also note our Terms of use.
