Rebound Fever at Nel ASA and TeamViewer: Will Desert Gold Hit the Turbo Button Next?

The Chart Thriller Surrounding Nel ASA

The Scandinavian hydrogen specialist Nel ASA is currently proving to be a true phenomenon with a split personality. On one hand, there is an impressive price rally: Starting from a low of EUR 0.20, the stock shot up to a 52-week high of EUR 0.36 to 0.37 by the end of May. That represents a gain of over 70% since the start of the year. After a brief, healthy correction, the price settled in the range of EUR 0.33 to 0.34. While daily technical indicators paint a mixed picture and traders are still celebrating the recent uptrend, analysts are collectively sounding the alarm. Some are even assigning a "Sell" or "Hold" rating.

In fact, the figures for the first quarter of 2026 reveal a deep divide: Revenue from customer contracts fell to NOK 148 million (in some cases more than 20% below expectations), and order intake plummeted by as much as 73% year-over-year to just NOK 85 million. EBITDA remained in the red at NOK -100 million. Yet Nel optimists are looking to the future, as at the World Hydrogen Summit, Nel, together with major shareholder Samsung E&A (which holds over 9% of the shares), presented the new 100-MW "CompassH2-A+" platform. The system offers a novel comprehensive warranty from Samsung for the entire plant, which greatly facilitates the financing of large-scale projects. In addition, a cash cushion of NOK 1.44 billion and EU funding of up to EUR 135 million for the gigawatt factory in Heroya secure operational flexibility through the end of 2026. The next major battle will take place on July 15 with the half-year report.

TeamViewer Shares Explode

TeamViewer shares experienced a veritable price explosion this week. Buoyed by the global tech rally, in which software stocks surged worldwide, TeamViewer topped the TecDAX charts. In the wake of the recent rebound, the stock climbed from EUR 4.10 to above the EUR 6.50 mark, and currently stands at just under EUR 6.35. Within a single month, the share has thus recorded a price gain of over 30%. The euphoria is palpable in investor forums. Many are reminded of the boom phase of 2020. The main argument is that remote maintenance solutions pay off all the more for companies in times of persistently high energy and mobility costs.

Fundamentally, TeamViewer remains a company in transition, but it is heading in the right direction. While business with smaller customers is stagnating, the important enterprise segment for large customers continues to grow dynamically. Critics warn, however, that indicators such as the RSI have become overheated in the short term due to the rapid rise, and the risk of profit-taking is increasing. The integration of the 1E acquisition also requires further work to finally dispel the historical skepticism regarding overly expensive acquisitions. Nevertheless, it is clear that optimism is back. TeamViewer is once again fueling price speculation and has impressively broken through its technical resistance level.

The Perfect Breeding Ground for Tangible Assets and Commodities

The return of risk appetite and high trading volume on the stock exchanges are flooding new capital into the market. When established growth stocks like Nel ASA and TeamViewer show strength, it pulls the entire market breadth upward. Since geopolitical tensions and market speculation simultaneously keep underlying nervousness high, demand for tangible, real assets remains strong. Gold continues to act as a rock in the storm. Companies on the verge of making the leap from pure explorers to profitable producers are benefiting most from this combination of an investment-friendly market and a strong precious metals sector.

Desert Gold: The Countdown to In-House Production Is Underway

The Canadian company Desert Gold operates precisely within this profitable niche. On the 440 km² SMSZ project in western Mali, the company holds a prime property situated directly on one of West Africa's most prolific gold structures. The recent strategic placement has laid the groundwork for a significant revival of the stock and its continued growth. Since the start of the Phase 1 drilling program on April 27, 2026, work has been proceeding according to plan. Five top targets (including Koussili and Mogoyafara South) are being explored over a length of 4,250 m using reverse-circulation drilling to rapidly expand resources in the immediate vicinity of the planned Barani East Mine.

Almost as important is the progress in building the company's own infrastructure. As management announced on May 5, 2026, 52,000 sqm of land have been cleared for the Barani gravity plant, earthwork for the foundations is underway, and the water supply has been secured. Since the mechanical plant has already been successfully accepted in China and is currently being shipped by sea, the official date for commissioning has been set: Desert Gold is scheduled to officially become a gold producer in July 2026.

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Sensational Profitability and a GBC Price Target of EUR 0.59

The Preliminary Economic Assessment (PEA) confirms the project's exceptional profitability. Assuming a base gold price of USD 2,850 per ounce, this results in a post-tax net present value of USD 61 million and an internal rate of return (IRR) of 57%. Should the gold price hold the USD 4,070 mark, the post-tax net present value jumps to USD 124 million, with a sensational return of 101%.

This has also led GBC analysts to attribute significant potential to the stock. Their official share price target is EUR 0.59 (approximately CAD 0.95). From a technical analysis perspective, things will get exciting as soon as the price breaks sustainably above the CAD 0.15 mark. A doubling to the CAD 0.30 range is considered a feasible milestone scenario in light of the production start, the PEA, and the GBC analysis.

The overall picture in June 2026 shows that optimism has returned to the markets and offers investors diverse opportunities. Nel Asa has made an impressive comeback despite weak order data, thanks to strong charts and the groundbreaking Samsung platform. TeamViewer is underpinning its new operational strength in the software sector with a spectacular rally and strong enterprise growth.

Desert Gold fits perfectly into this bullish environment: It combines the "protective nature of a tangible asset" with the massive "leverage of a nascent producer." With a successful placement behind it and a firm start date for gold production, the stock offers tremendous momentum. This makes for a highly interesting addition to investment portfolios.