Close menu




February 5th, 2021 | 09:42 CET

Triumph Gold, Kinross Gold, Aston Martin Lagonda - Goldfinger in trouble!

  • Gold
Photo credits: pixabay.com

The recent surge in the major stock markets was coupled with the hope that inflation would get some traction globally. Given the rampant government spending on pandemic response and rising stimulus budgets for the economy, inflation could have been expected. Due to base effects at the beginning of the year, multiple eco-taxes increased +1.4% in the eurozone. However, as markets tend to look at consumption, administered price increases tend to be counterproductive as they further weaken purchasing power. No good news for the precious metals, they had to give up the previous week's gains again completely: Gold from USD 1,875 to USD 1,790 and silver down by a whole 10% to USD 26.2, which somehow does not fit at all to the USD 1,000 price target of the Robinhood traders.

time to read: 3 minutes | Author: André Will-Laudien
ISIN: CA8968121043 , CA4969024047 , GB00BFXZC448

Table of contents:


    Bill Guy, Chairman, Theta Gold Mines Limited
    "[...] Both the geology and the infrastructure around the project make for a very attractive cost structure. We expect to be able to produce at 50% of the current gold price. [...]" Bill Guy, Chairman, Theta Gold Mines Limited

    Full interview

     

    Triumph Gold - Acquisition in the Yukon

    The Canadian exploration Company Triumph Gold Corp. has owned properties in the Yukon for a long time. Here, the legendary "Klondike Gold Rush" took place. One hundred thousand gold-seekers rushed into rugged Alaska and northwest Canada. All the power of the last few years lay in developing the Freegold Mountain project in the Dawson Range's gold belt. Now Triumph is expanding its footprint and has reached an agreement with Teck Resources Ltd. to acquire the Big Creek copper-gold property.

    Teck will receive 1.25 million common shares of the Company and a 1.5% net smelter return under a current royalty agreement in remuneration. The Big Creek property consists of 258 contiguous quartz mining claims in the Whitehorse Mining District of Yukon. It is adjacent to Triumph Gold's 100% owned Tad/Toro property to the northwest, significantly expanding the Company's interest in the Dawson Range gold district.

    The existing 85 kilometer Mt. Freegold Road provides access to all parts of the Company's flagship Freegold Mountain project, located approximately 15 kilometers southeast of the newly acquired property. The Yukon government recently announced a second Resource Gateway Project agreement with the Little Salmon/Carmacks First Nation that includes upgrading the three bridges along the existing Mt. Freegold Road to mining standards.

    Triumph Gold continues to be expansive, so don't be surprised if the now lengthy consolidation of the share price at CAD 0.20 is over ad hoc. The highs were over CAD 0.45 in July 2020. Time to collect!

    Kinross Gold - excitement before the numbers

    Kinross Gold Corp. is a Canadian gold and silver mining Company founded in 1993 and headquartered in Toronto. Kinross currently operates eight active gold mines in Brazil, Ghana, Mauritania, Russia and the United States. The Company will report its 2020 figures next week.
    Looking at the fiscal year just ended, it expects to report average earnings per share of CAD 0.92, down from CAD 0.451 in the previous period.

    As one of the 10 major gold and silver miners, Kinross will be able to increase its production to 2.9 million gold equivalent ounces in 2020, an increase of more than 20% compared to the previous year. In terms of revenue, 12 analysts on average expect total sales of CAD 5.49 billion in the past fiscal year, up a healthy 18%. With sustainable production costs of USD 970, the Company is one of the mid-cost producers, and its responsiveness to the gold price is relatively high. Kinross sells little forward, so the upside is already very promising at prices above USD 1,300.

    In balance sheet terms, the Company has a liquidity position of CAD 2.5 billion, and debt has been declining steadily for several years. In the ESG ranking in terms of "environmentally friendly and responsible production," Kinross regularly wins awards. After a high of EUR 9, the share corrected again to below EUR 6 - inviting investors to buy.

    Aston Martin Lagonda - Daimler stabilizes the 007 outfitter

    German premium manufacturer Daimler expanded its stake in British sports car maker Aston Martin Lagonda in the fall and plans to work more closely with the Company in the future. The British Company, known among other things for the cars in the James Bond 007 films, has been suffering from a slump. However, the brand remains attractive, which attracts financially strong investors.

    The Mercedes-Benz passenger car subsidiary will give the British access to new technologies and conduct joint research into future topics. Daimler increased its capital share from the former 2.6% to a maximum of 20%. To this end, the Stuttgart-based Company will receive new shares in Aston Martin to be issued in several stages over the next three years up to a total value of 286 million British pounds. In return, Aston Martin will receive, among other things, next-generation hybrid and electric powertrains and other vehicle components and systems. Aston Martin recently announced it would raise its e-quota to 20% by 2024. The struggling Company was temporarily rescued in spring 2020 by a consortium led by Canadian billionaire and Formula One tycoon Lawrence Stroll via a cash injection.

    The British Company has been suffering from a slump in exclusive sports cars for years and has high hopes for its first SUV called DBX. The Company had spent a lot of money on the car's start-up, and production is now running at full speed. Aston Martin went public in October 2018 for 1900 pence per share. The price went downhill quite quickly; after a reverse split of 20:1, the price has now stabilized at around EUR 24.

    Between July and the end of September, sales of 124 million pounds were around half the figure for the same period last year. The pre-tax loss was still 29 million pounds. By 2025, sales are now expected to increase sharply to 2 billion pounds, and operating profit could rise to around 500 million pounds. The Goldfinger car supplier looks set to turn the corner, thanks to Daimler, because what would James Bond be without a decent vehicle?


    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

    André Will-Laudien

    Born in Munich, he first studied economics and graduated in business administration at the Ludwig-Maximilians-University in 1995. As he was involved with the stock market at a very early stage, he now has more than 30 years of experience in the capital markets.

    About the author



    Related comments:

    Commented by André Will-Laudien on July 4th, 2022 | 12:25 CEST

    Attention, turnaround! Lufthansa, TUI, Desert Gold, Deutsche Bank: These stocks are taking off again!

    • Gold
    • Tourism
    • Investments

    From several perspectives, the ongoing crisis is a mammoth task for asset managers and private investors. First, after the long uptrend and the absolute boom valuation of growth stocks from 2015 to 2022, no one knows when a sufficiently high discount has been reached to re-enter. Some stocks, such as Plug Power, are very forward-looking and dependent on government contracts. Here there have already been sales valuations of a factor of 200. So is a P/S ratio of currently 12 after an almost 80% share price loss cheap or still hopelessly overpriced? We do not know because the ongoing war sets new market parameters daily. The major indices will therefore continue to search for a valuation basis in a very volatile manner. We pick out a few selected opportunities.

    Read

    Commented by Stefan Feulner on June 30th, 2022 | 11:03 CEST

    Tocvan Ventures and BYD with outstanding news - TeamViewer plunges into a bottomless pit

    • Gold
    • Silver
    • Technology
    • Battery

    The current correction has hit interest-sensitive growth stocks particularly hard. The US technology exchange NASDAQ, for example, has lost around 34% of its value since the beginning of the year and its high of 16,670 points. Investors did not even stop at shares in future technologies such as electromobility. But in contrast to top dog Tesla - Musk's shares have halved in value within six months - Chinese competitor BYD is rushing from one high to the next. There is also strong news from a promising gold and silver exploration company. A gold price that experts expect to be positive in the long term could help the company to outperform.

    Read

    Commented by Stefan Feulner on June 30th, 2022 | 10:09 CEST

    Rheinmetall on the verge of a breakout, and MAS Gold and K+S with rebound opportunity

    • Defense
    • Gold
    • fertilizer

    Due to the uncertain geopolitical situation regarding the Ukraine conflict and concerns about inflation getting out of hand, the most important stock market indices are again turning downward. Germany's leading index, the DAX, is once again struggling with the psychologically important 13,000-point mark. With the exception of defense stocks, there is downward pressure across the board. Fertilizer manufacturers, which initially benefited particularly from the sanctions against Russia, are also correcting sharply and offering interesting entry opportunities for long-term investors. The precious metals markets are also running into attractive buying zones.

    Read