Close menu




June 14th, 2021 | 10:55 CEST

Plug Power, Troilus Gold, TUI - Step on the gas pedal

  • Gold
Photo credits: pixabay.com

While the G7 summit agreed almost unnoticed on global taxes to make the big tech companies pay in the respective countries where they made profits, this news practically did not interest the markets at all. On the one hand, this may be because the introduction will still take years; on the other hand, such news takes a while until it has penetrated fully. Currently, one should therefore exercise a little caution with the large tech stocks. Today, we have picked three companies independent of this and whose share prices should rise in the near future, spurred by good news.

time to read: 3 minutes | Author: Armin Schulz
ISIN: US72919P2020 , CA8968871068 , DE000TUAG000

Table of contents:


    Gary Cope, President and CEO, Barsele Minerals
    "[...] We are convinced that we could already leverage significant potential with a drilling program of around 35,000 meters. However, to finance this, we need a decision. Fortunately, there are already interested parties who can imagine advancing Barsele together with us. [...]" Gary Cope, President and CEO, Barsele Minerals

    Full interview

     

    Plug Power - Support from Renault and the US government

    As a hydrogen shareholder, you have to expect big swings. As recently as January, the hydrogen theme was all the rage, then came the rude awakening after the big rally. Almost all shares went down by nearly 90%. Plug Power's share price fell by a good 75%. Since May 11 and the announcement of the quarterly figures, however, a lot has happened. The established downtrend ended with a break of the USD 30.34 level.

    Plug Power has a series of news to thank for this: First and foremost, the collaboration with Renault was announced on June 3 to build a hydrogen-powered van. On June 7, the US government reaffirmed hydrogen as the fuel of the future - prices of USD 1 for 1kg of hydrogen were issued to make hydrogen economically competitive. Lastly, a corresponding infrastructure bill was introduced.

    The primary beneficiaries will be companies with a presence in America, such as Plug Power. The cooperation with a European carmaker will also give the Company direct access to the European market. The share is currently struggling with the 200 moving average. If this level is held directly, this is to be seen as a sign of strength, but a setback is also possible; only the low of May 11 should not be undercut again.

    Troilus Gold - Expansion of gold deposits

    On June 8, Troilus Gold provided an update on its ongoing exploration program at the J Zone and announced the expansion of the gold deposit from 200m to 700m. At the same time, the thickness of the deposit was confirmed by up to 100m of down-dip mineralization. A gold equivalent of between 1.21 and 17.12 grams per tonne was encountered. Drilling is expected to provide a mineral resource update, and a feasibility study of the mine project is expected to be completed this year.

    Since January, 55,400m of drilling has been completed, and 10,000m is to be added in each of the coming summer months. This drilling is costing money, and so on June 10, the Company announced an increase in its bought-deal funding to CAD 42.5 million. The shares are priced between CAD 1.10 and CAD 1.89. It shows that institutional investors are interested in the Company and are providing it with fresh capital. On the other hand, there is a dilution of the existing shareholders, which has led to a decline in the share price up to CAD 1.06.

    Currently, you can get in cheaper than in the bought deal. In addition, Urban Gold was acquired in May, which is a reasonable extension of the original project. With the financing, the Company should cover all costs, and one can calmly wait for the resource update and the feasibility study. Anyone who wants to invest in gold can currently do so here at a favorable price.

    TUI - Just before the outbreak

    On Sunday, the German government removed several popular vacation countries and areas from the list of risk areas, such as the Greek islands, Austria, Croatia, and several other places. Corona numbers are down, and people are longing for time off from the pandemic and thus for a vacation. TUI should benefit from this, especially since the digital vaccination passport is also to be introduced, making travel much more straightforward, at least for those vaccinated.

    But TUI is not idle in other ways either. It has agreed to cooperate with Nezasa, a Swiss travel technology company, to create a new digital platform that will make multi-day trips and related activities plannable. It is a smart move by TUI, as the market is growing and offers a current annual revenue of EUR 96 billion. They are trying to digitize this offline market and can offer an advertising platform for B2B customers on the one hand, as well as added value for B2C clientele.

    The share has already tested the resistance at EUR 5.25 three times and is currently trending sideways. With such positive signals as more travel areas, fewer Corona cases and a rising travel sales market, it is probably only a matter of time until the EUR 5.25 falls. The news flow is optimistic for a good summer business, and shareholders should benefit from it too.


    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

    Armin Schulz

    Born in Mönchengladbach, he studied business administration in the Netherlands. In the course of his studies he came into contact with the stock exchange for the first time. He has more than 25 years of experience in stock market business.

    About the author



    Related comments:

    Commented by Fabian Lorenz on May 12th, 2022 | 11:12 CEST

    BioNTech, BYD and Desert Gold: Shares for the rebound

    • Gold
    • Electromobility
    • Biotechnology

    Is the rebound coming? After the heavy price losses of recent days and weeks, the market seems ripe for a countermovement. However, this would require a little more volume in the market. But then, especially companies that have not disappointed operationally should profit. BioNTech, for example, belongs to this group. The Company has published convincing figures, and analysts see up to 50% price potential. BYD's share price should also pick up speed again. Finally, the rapid shift to electric pureplay seems to be succeeding and HSBC has raised the price target. Gold was not a safe haven in the current correction. But it is worth looking at bombed-out stocks here as well. Desert Gold Ventures is one of them. The explorer has started a new drill program and secured financing.

    Read

    Commented by Armin Schulz on May 6th, 2022 | 10:43 CEST

    Barrick Gold, Edgemont Gold, Rio Tinto - Are gold stocks taking off again?

    • Gold

    With the start of the Ukraine crisis, the gold price skyrocketed, but since March 8, we find ourselves in a consolidation. The 200-day line is currently holding, and it could go up again from here. But let's look at the reasons for the weakness in the gold price. On the one hand, there is the strong dollar, which naturally puts pressure on the gold price, and on the other hand, bond yields in the US are climbing again. After the FED announced on May 4 that it would not raise interest rates by more than 0.5 percentage points, which was originally feared, the gold price jumped again. Demand for physical gold remains high. We look at three companies in the gold sector.

    Read

    Commented by Stefan Feulner on May 5th, 2022 | 10:46 CEST

    Rheinmetall, Triumph Gold, K+S - Hype or sustainable?

    • Gold
    • fertilizer
    • Defense

    Already during the Corona pandemic, clear winners and losers could be identified. Vaccine manufacturers multiplied, and companies related to online trading also performed better than the market. In the current Ukraine crisis, however, the signs are changing. Suddenly, defense stocks, which were frowned upon a short time ago, are all the rage. Fertilizer companies, benefiting from the sanctions and the resulting supply shortages, are also gaining favor with investors. But how sustainable are the current increases? Gold mining stocks are also doing very well, but in contrast to Rheinmetall, Hensoldt & Co., they are performing much weaker.

    Read