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 Fabian Lorenz on June 29th, 2022 | 12:18 CEST

    Buy or sell? Nel, Zalando, Aspermont under analyst review

    • Commodities
    • Investments
    • Hydrogen
    • Mining

    After the heavy losses of the past months, a countermovement seems to be starting at the moment. Whether this will turn into a real summer rally remains to be seen. Buy or sell is the question. Analysts see a price potential of over 50% for Nel ASA. Even though competition from China and India is increasing. Aspermont also appears attractive at the current price level. The latest quarterly figures were positive, and the positioning of the small-cap in the booming commodities sector is promising. At Zalando, analysts react to the profit warning, and the price targets are significantly reduced. Nevertheless, some advise buying the online fashion retailer, but not everyone.

    Read

    Commented by Nico Popp on June 14th, 2022 | 12:26 CEST

    Unheeded crisis signals! What is next: BioNTech, Lufthansa, Triumph Gold

    • Biotechnology
    • travel
    • Gold
    • Mining

    There are always comeback stocks on the stock market. The airports are full of travellers who are being drawn to distant countries. So the tourism industry, and airlines too, could almost strap themselves in for a comeback. If only it weren't for the new BA.5 virus variant, which has infected large parts of the population in Portugal within a very short time. It seems investors have to choose between travel stocks and pandemic stocks when looking for comeback stocks - or is there a laughing third party?

    Read

    Commented by Nico Popp on June 14th, 2022 | 11:06 CEST

    These are the stocks where the action is: TUI, Globex Mining, Varta

    • travel
    • Commodities
    • Mining

    Which stocks are hot right now? These days we are experiencing a real boost in many areas. People are rushing outside, flocking to festivals and flying off on vacation again. The normality of 2019 may just be good enough for the 2022 vacation season. But initial warnings of a pandemic comeback are unsettling investors. We present three stocks from different sectors and explain why they could be booming right now.

    Read