Let profits run: Power Metallic Mines, Barrick Mining, and TKMS – There is still a lot of potential here!

Power Metallic Mines – Exceptional quality

The Company has published outstanding initial metallurgical test results for the most significant zone ("Lion") of its NISK project, once again exceeding high expectations. This impressively underscores the potential and value of the polymetallic asset, one of the largest deposits in North America.

In addition, the big picture is consistent and provides massive tailwinds. Geopolitical tensions and protectionism are making reliable sources of raw materials and supply chains in stable jurisdictions increasingly important. The 100% owned NISK project is located in the Canadian province of Québec, one of the best mining regions in the world.

The focus of the deposit's further development is on the exploitation of polymetallic resources, with an emphasis on energy transition and high-tech metals such as copper, nickel, cobalt, and platinum group metals. Through strategic acquisitions by Li-FT Power and other parties, the project area grew by more than 600% to 313 sq km last year.

The latest metallurgy news is impressive and underscores the quality and prospects. Locked-cycle tests conducted by SGS on material from the Lion Zone yielded very high recovery rates, even compared to the industry benchmark: nearly 99% for copper, around 97% for platinum, and over 93% for palladium. These data are even more significant because these results were achieved using conventional flotation methods and thus without complex and costly special processes.

The stock currently trades at CAD 1.60, giving the Company a market capitalization of about CAD 375 million. Analysts see significant upside: Red Cloud targets CAD 2.50, while Roth Capital Partners projects almost CAD 3.00 over the next 12 months.

In addition, the Canadians have well-filled coffers to complete this year's extensive 100,000-meter drilling program. This will generate decisive news flow that could provide important momentum for the stock. In addition, the NYSE listing is scheduled for this year. The stock should also benefit from increased visibility and broader investor access. Industry leaders like Robert Friedland, Rob McEwen, and Gina Rinehart have already invested.

Barrick Mining – Gold price and spin-off as future price drivers

The shares of the world's second-largest gold producer are benefiting massively from the rise in precious metal prices. A gold price of over USD 5,000 is acting as an enormous profit lever. The Canadians are also a significant copper producer. The price increases for industrial metals are also playing into Barrick's hands.

At a share price of CAD 70, the Company is already valued at a considerable CAD 86 billion, but this picture is put into perspective by the profit momentum and good key figures. Analysts expect average revenue of USD 20.4 billion and profit of USD 5.8 billion this year. The 2026 P/E ratio is a moderate 14.4.

Apparently, the momentum is too strong for analysts, who are struggling to keep up with updated estimates and whose gold price scenarios appear too conservative compared to the current situation. It is therefore not surprising that the overwhelming conclusion of the experts at the moment is that the stock has reached its peak.

Barrick's plan to spin off its North American assets into a new company and list it on the stock exchange is likely to give the stock a significant boost once more concrete information about its implementation becomes available. This will make both Barrick and the spin-off potential takeover candidates. According to rumors, major players in industry are already lying in wait.

TKMS – A brief respite

Surging defense budgets have driven defense stocks to new record highs in recent months. TKMS shares stand out with strong outperformance since the start of the year. Most recently, the potential takeover of the German Naval Yards Kiel (GNYK) provided a boost. GNYK specializes in the design and construction of large naval vessels, such as frigates and corvettes, and is part of the European shipbuilding group CMN Naval. According to the Company, naval shipbuilder TKMS has submitted a non-binding purchase offer for the North German shipyard.

Recently, the prospect of a major order from India lifted the share price to a new all-time high. India intends to build six submarines in Mumbai in collaboration with the Germans, with a total volume of EUR 8 billion. Against the backdrop of closer planned cooperation between Germany and India in the defense sector, this could be just the beginning of an extremely exciting economic journey.

The stock is currently consolidating at a high level of around EUR 99, valuing the Company at around EUR 6.3 billion. Analysts are forecasting a slight increase in sales to EUR 2.2 billion in the current year, but the majority consider the stock to be overvalued. If the India deal goes ahead, the naval shipbuilder's order backlog would grow to an impressive EUR 26 billion.

Power Metallic Mines consistently delivers good news. Most recently, the published metallurgy figures were impressive. The polymetallic NISK project stands out for its high quality and size and is gradually gaining strategic importance. Analysts are forecasting significant growth for the stock over the next 12 months. The potential spin-off and IPO of the North American gold assets is likely to be the strongest lever for Barrick's value appreciation, alongside high gold prices. TKMS scores with a large order backlog.