Close menu




August 12th, 2025 | 07:00 CEST

Canopy Growth, Silver North Resources, Vonovia – Clear signals

  • Mining
  • Silver
  • Commodities
  • RealEstate
  • Cannabis
Photo credits: pixabay.com

Market volatility continues to rise, yet the US stock markets are still managing to defend their record highs. The price of silver made a comeback last week, closing above the USD 38 mark after several weeks of sideways movement. The ongoing uncertainty in both geopolitical and fiscal policy could help propel the precious metal to reach new highs, which should benefit both producers and exploration companies alike.

time to read: 4 minutes | Author: Stefan Feulner
ISIN: CANOPY GROWTH | CA1380351009 , SILVER NORTH RESOURCES LTD | CA8280611010 , VONOVIA SE NA O.N. | DE000A1ML7J1

Table of contents:


    Canopy Growth – Surprising gains

    The cannabis industry, once celebrated, has been in a downward spiral for years. One of the leading players, Canopy Growth, has lost 99.90% of its value since its all-time high of CAD 766.80 and is currently trading at CAD 1.72. However, there are opportunities for a rebound, and the chances of a strong recovery are reflected in the latest quarterly figures.

    One of the leading cannabis companies in both the recreational and medical segments beat analysts' forecasts. Canopy Growth reported a loss of USD 0.16 per share in the first quarter, slightly missing the consensus estimate of minus USD 0.15. Revenue rose 9% year-on-year to USD 64.12 million, significantly exceeding the expected USD 47.91 million. Growth was primarily driven by the Canadian market for recreational and medical cannabis, as well as higher international cannabis sales.

    Net revenue in the Canadian recreational segment climbed 43% to CAD 27 million. This was due to stronger sales expansion and high demand for flowers and processed products such as pre-rolled joints. In the medical segment in Canada, revenues increased by 13%, supported by more insured customers, larger order quantities and an expanded product range in the online shop.

    The subsidiary Storz & Bickel generated revenue of CAD 15 million, a decline of 25% compared to the strong prior-year quarter. Uncertain consumer sentiment and the high comparative figure had a negative impact. For the second half of 2025, Storz & Bickel plans to launch a new vaporizer, which the Company believes has great sales potential.

    Silver North Resources – Ideal conditions

    Precious metals are booming, which is no surprise given the current geopolitical and fiscal uncertainty. While gold is likely to test the USD 3,500 mark again, the price of silver managed to stay above the important horizontal resistance level of USD 38 per ounce last week. Unlike its big brother, silver not only has a reputation as a safe haven, but also has the advantage of being increasingly in demand as an industrial metal, primarily for alternative energy sources and artificial intelligence hardware.

    Producers and promising exploration companies such as Silver North Resources are naturally benefiting from the rising silver price. The Canadian company has two properties in its portfolio that could significantly increase its current market capitalization of CAD 15.35 million in the medium term.

    The Haldane property, which borders directly on Hecla Mining's area, is considered particularly promising. The first 27 drill holes have already yielded exceptionally high silver grades of over 300 grams per tonne. In order to further explore the area and obtain additional data, another drilling program is scheduled to start in August. Ten drill holes with a total length of around 2,500 meters are planned to expand the Keno-type silver-lead-zinc mineralization at the newly discovered Main Fault target. At least three high-grade silver veins have been identified there to date.

    The second flagship project, the Tim Project, is located near Watson Lake and in close proximity to Coeur Mining's Silvertip mine. The property benefits from solid infrastructure and has demonstrated anomalous values of silver, lead, and zinc. Last year, project partner Coeur Mining conducted an initial drilling program on site, the results of which have not yet been published.

    Silver North shares have benefited from both the rising silver price and positive fundamental developments, now trading at CAD 0.25, reflecting a gain of nearly 210%. The stock declined last week after Silver North Resources announced the completion of a private placement totaling CAD 268,235, which will be used to fund the exploration and development of its properties.

    Vonovia – Real estate slump over?

    Europe's leading private residential real estate company also presented strong figures. Vonovia made significant progress in the first half of 2025 and raised its forecast for adjusted pre-tax profit. The DAX-listed company now expects EUR 1.85 to 1.95 billion instead of the previous EUR 1.75 to 1.85 billion. Management expects adjusted EBITDA to be at the upper end of the previous target range of EUR 2.7 billion to EUR 2.8 billion. The long-term targets for 2028 remain unchanged.

    In the period from January to June, adjusted operating profit rose by 12% to EUR 1.42 billion. While the largest contribution from the rental business increased only slightly, the Value-Add, Recurring Sales, and Development segments posted more significant growth. Adjusted EBT, which is important for the dividend calculation, climbed 11% to EUR 984 million, corresponding to earnings per share of EUR 1.20, up from EUR 1.09 in the previous year. Net profit after taxes amounted to EUR 795 million, compared with a loss of EUR 508 million in the first half of 2024.

    Vonovia shares benefited from the positive outlook and climbed by around 5% after publication. The chart picture would brighten significantly if the horizontal resistance level of EUR 28.86 were to be exceeded.


    Cannabis company Canopy Growth reported better-than-expected figures, triggering a rebound. The German real estate sector may also have bottomed out, judging by the figures and forecasts of real estate developer Vonovia. Silver North Resources shares are benefiting from both rising silver prices and fundamental business developments.


    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") currently hold or hold shares or other financial instruments of the aforementioned companies and speculate on their price developments. In this respect, they intend to sell or acquire shares or other financial instruments of the companies (hereinafter each referred to as a "Transaction"). Transactions may thereby influence the respective price of the shares or other financial instruments of the Company.
    In this respect, there is a concrete conflict of interest in the reporting on the companies.

    In addition, Apaton Finance GmbH is active in the context of the preparation and publication of the reporting in paid contractual relationships.
    For this reason, there is also a concrete conflict of interest.
    The above information on existing conflicts of interest applies to all types and forms of publication used by Apaton Finance GmbH for publications on companies.

    Risk notice

    Apaton Finance GmbH offers editors, agencies and companies the opportunity to publish commentaries, interviews, summaries, news and the like on news.financial. These contents are exclusively for the information of the readers and do not represent any call to action or recommendations, neither explicitly nor implicitly they are to be understood as an assurance of possible price developments. The contents do not replace individual expert investment advice and do not constitute an offer to sell the discussed share(s) or other financial instruments, nor an invitation to buy or sell such.

    The content is expressly not a financial analysis, but a journalistic or advertising text. Readers or users who make investment decisions or carry out transactions on the basis of the information provided here do so entirely at their own risk. No contractual relationship is established between Apaton Finance GmbH and its readers or the users of its offers, as our information only refers to the company and not to the investment decision of the reader or user.

    The acquisition of financial instruments involves high risks, which can lead to the total loss of the invested capital. The information published by Apaton Finance GmbH and its authors is based on careful research. Nevertheless, no liability is assumed for financial losses or a content-related guarantee for the topicality, correctness, appropriateness and completeness of the content provided here. Please also note our Terms of use.


    Der Autor

    Stefan Feulner

    The native Franconian has more than 20 years of stock exchange experience and a broadly diversified network.
    He is passionate about analyzing a wide variety of business models and investigating new trends.

    About the author



    Related comments:

    Commented by Armin Schulz on October 1st, 2025 | 07:10 CEST

    How BYD Leverages Its Lead, How Power Metallic Mines Benefits, and Why Mercedes-Benz Needs to Catch Up

    • Mining
    • Nickel
    • Copper
    • Electromobility

    The next phase of electromobility has begun. It is no longer vehicle sales that determine the winners and losers, but rather the fierce battle for the raw materials used in their construction. While demand for copper, lithium, nickel, and cobalt is exploding, supply bottlenecks and political dependencies threaten to slow down the profitable ramp-up. Those who secure the most valuable resources today will control the entire market tomorrow. Reason enough to take a closer look at the strategic moves of BYD, Power Metallic Mines, and Mercedes-Benz, which are now setting the course for the coming decade.

    Read

    Commented by Carsten Mainitz on October 1st, 2025 | 07:05 CEST

    Almonty Industries, Gerresheimer, BASF – It is not too late yet!

    • Mining
    • Tungsten
    • Defense
    • chemicals
    • Pharma

    The race for critical high-tech goods and raw materials is already underway. The COVID-19 pandemic painfully highlighted the downsides of a globally interconnected economy. China's export ban on critical raw materials is currently having a double impact, as the country dominates the market. This effect is expected to continue to intensify in the future as demand continues to rise dynamically while supply increases only slowly. This provides a strong tailwind for raw material producers, but poses significant challenges for companies in other sectors.

    Read

    Commented by Carsten Mainitz on September 30th, 2025 | 07:40 CEST

    Antimony Resources, Rheinmetall, Novo Nordisk – Something is in the air!

    • Mining
    • antimony
    • Defense
    • Biotechnology

    Sufficient access to raw materials is crucial for any economy. The EU has compiled a list of 34 critical raw materials. How critical a raw material is classified depends on two parameters: "economic importance" and "supply risk." This list also includes a little-known but very important metalloid – antimony. The price of antimony skyrocketed at the end of 2024 in the wake of China's export ban. There are still exciting investment opportunities in this area.

    Read