Close menu




August 19th, 2021 | 12:13 CEST

Conico, First Majestic Silver, VW - This moves the prices!

  • Mining
Photo credits: pixabay.com

The stock markets are trading near their all-time highs. The high inflation rates cause only selective worries. The crisis currency gold is in waiting mode. The economy is recovering, but some sectors are still experiencing supply bottlenecks, which in some cases are severely disrupting activity. In this mixed situation, which stocks are worth a closer look?

time to read: 3 minutes | Author: Carsten Mainitz
ISIN: FIRST MAJESTIC SILVER | CA32076V1031 , VOLKSWAGEN AG VZO O.N. | DE0007664039 , Conico LTD | AU000000CNJ3

Table of contents:


    CONICO LTD - When will the share price ignite?

    The Australians are active as a mineral exploration company in several regions of the world. The portfolio includes an interest in the Mt Thirsty cobalt-nickel-oxide deposit, located about 20 km northwest of Norseman in Western Australia. In addition to the cobalt-nickel-oxide deposit, the 17 sq km project also hosts nickel-sulfide mineralization.

    In addition, the companies are active with the Ryberg and Mestersvig projects in East Greenland. The Ryberg project covers 4,521 sq km and includes the Sortekap gold deposit and a copper-nickel-cobalt-platinum group element gold deposit with magmatic sulfides. The Mestersvig project consists of the Blyklippen lead-zinc mine and the Sortebjerg lead-zinc deposit.

    Currently, the Ryberg multi-element project has come into the focus of investors. Aeromagnetic-radiometric surveys of the license area have been fully completed and have identified several promising areas, some of which will be explored by drilling in the coming weeks. The area consists of two granted mineral exploration licenses and showed surface samples grading up to 2.2% Cu, 0.8% Ni, 0.1% Co, 3.3 g/t Pd and 0.2 g/t Au.

    The recent initial drilling underpinned the potential and scale of the project. The 236.7 m hole was aimed to confirm an IP anomaly documented in 2020. This objective was achieved with the detection of sulphide mineralization at the target depth. The second hole has commenced 350 m south of the first hole location, also targeting confirmation of the IP anomaly. With further positive results, the potential of the Ryberg multi-element project should be increasingly reflected in the share price. Currently, the Company is valued at AUD 62 million.

    FIRST MAJESTIC SILVER CORP - Good Q2 figures

    A few days ago, the Canadians published half-year figures. Improved production rates and higher metal prices led to record second-quarter revenues of USD 154.1 million. The figures include the acquired US gold mine Jerritt Canyon data, which significantly impacted the quarterly statement.

    Operating income generated from mine operations turned from a loss of USD 7.8 million a year earlier to a gain of USD 29.4 million. Net income was USD 15.6 million, or USD 0.06 per share, in Q2, up from a loss of USD 10.0 million, or -USD 0.05.

    Shareholders are benefiting from the Company's success in the form of a 33% dividend increase, which stands at USD 0.006 per share. The Canadians have a comfortable balance of cash and cash equivalents, which amounted to USD 227.1 million as of June 30. Currently, operational improvements are ongoing at the Jerritt Canyon Mine. These investments will impact the upcoming Q3 data. After that, operating costs will return to normal levels.

    VOLKSWAGEN AG VZ - Chip shortage severely dampens growth

    The impact of the chip shortage on the automotive sector is becoming increasingly noticeable and led to a significant dampening of VW's global sales figures in July. Last month, the two largest markets, China and Western Europe caused a year-on-year decline of almost 20% to 720,200 vehicles delivered. Still, the Wolfsburg-based Company is up nearly a fifth on last year's weak corona-related figure for the current year.

    The shortage of semiconductors is leading to restrictions on the ability to deliver several entry-level models. The basic variant of the ID 3 electric vehicle is affected, as is the VW Golf. In addition, some Volkswagen brands will raise prices from September 1. The preferred share has meanwhile dipped below the EUR 200 mark.


    The shares mentioned are very different for several reasons. VW investors are betting on an established blue-chip and a quick clearing of the semiconductor bottlenecks. With First Majestic Silver and Conico, investors invest in the commodities sector's different areas and lifecycle phases. First Majestic Silver is a profit driver of rising precious metal prices. Conico, which is still comparatively young, has several arrows in its quiver. The Ryberg multi-element project in Greenland could boost the share price if further positive news and progress are made.


    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.


    Der Autor

    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



    Related comments:

    Commented by Carsten Mainitz on October 21st, 2025 | 07:40 CEST

    Power Metallic Mines, RENK, BYD – An explosive combination! And the winners are?

    • Mining
    • Copper
    • Nickel
    • Gold
    • CriticalMetals
    • Electromobility
    • Defense

    Many topics are dominating the headlines. Peace in Gaza – and soon in Ukraine? This prospect initially put a significant damper on defense stocks – but only temporarily. After just a few days of correction, prices are already rising again. Gold at an all-time high is another major topic being covered in the media. Meanwhile, the geopolitical shifts we were reluctant to acknowledge for far too long are now catching up with many companies: China is cutting the world off from critical raw materials and rare earths. Read here to find out how investors can identify promising high-potential opportunities in this constellation.

    Read

    Commented by André Will-Laudien on October 21st, 2025 | 07:35 CEST

    Gold USD 4,300 and Silver USD 53 – Buying frenzy at Silver North, First Majestic, Nel ASA, and JinkoSolar

    • Mining
    • Silver
    • Gold
    • renewableenergies
    • Solar
    • Energy

    Silver has been shorted by many investment banks for several years because sufficient supply was available from Mexico and other producing countries. The tide has turned. Over the past 12 months, the precious metal has caught up with its big brother gold, gaining 54%. There are several reasons for the scarcity-driven rally: there are only around 250 active silver mines worldwide, compared to around 1,400 gold mines. In addition, silver has massively expanded its importance as an industrial metal: it is indispensable in high-tech, e-mobility, defense, and medical technology. As a result, less and less physical silver is available to investors, while inventories on the futures markets continue to decline. Now is the time to take a position in silver. Alongside industry giants such as First Majestic, Silver North is among the most promising beneficiaries of the new silver boom.

    Read

    Commented by Fabian Lorenz on October 21st, 2025 | 07:30 CEST

    Raw materials alert for defense and technology! Almonty, MP Materials, and Rheinmetall!

    • Mining
    • Tungsten
    • Defense
    • RareEarths
    • CriticalMetals

    Europe faces a growing raw materials challenge. Whether it is rare earths, tungsten, or other critical metals, these resources are essential not only for defense, but for countless industries, including AI. The FAZ recently spoke to Almonty CEO Lewis Black about this, dedicating almost an entire page to the issue. Conclusion: Europe must act. The US has long since taken decisive action, securing access for its industry by investing in raw materials companies such as MP Materials and Lithium Americas. Europe's hesitation could pose a risk for Rheinmetall, even if investors are currently overlooking it - especially as the Company is also expanding in the US. Hopefully, Defense Minister Pistorius will have this issue on his radar during his visit to Canada.

    Read