Close menu




August 12th, 2021 | 12:21 CEST

Varta, Barrick Gold, Aztec Minerals - Before the showdown!

  • Gold
Photo credits: pixabay.com

There is currently no sign of summer doldrums on the capital markets. Not only BioNTech is exploding, shares of lithium and battery producers are also rising strongly. On the other hand, the gold price is going crazy: After better-than-expected data from the US labor market, the gold price buckled significantly at the start of the week and has only recovered slightly so far. Nevertheless, the industry has positive news: heavyweight Barrick Gold increases profits, and at Explorer Aztec Minerals, investors ask when the knot will burst? The battery specialist Varta is also exciting at the moment, and Friday will be a showdown.

time to read: 3 minutes | Author: Fabian Lorenz
ISIN: VARTA AG O.N. | DE000A0TGJ55 , BARRICK GOLD CORP. | CA0679011084 , AZTEC MINERALS CORP. | CA0548271000

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

     

    Aztec Minerals - When will the knot burst??

    Aztec Minerals (ISIN: CA0548271000) is doing very well at the moment. The exploration company has released the first drill results from the Phase 2 reverse circulation drill program. High gold and silver mineralization was encountered in five drill holes. Also positive was the discovery of older prospect pits that likely pre-date 1900, proving that there are high-grade deposits here. Only such deposits could be mined at that time, and with today's technology, it should be possible to extract considerably more. Thus, the expectations of the management, which consists of renowned industry experts, were clearly exceeded. The management team includes geologist Allen David v. Heyl. In the past, he worked for companies such as Barrick Gold and Zijin Mining, where he was responsible for the discovery and evaluation of more than 30 million ounces of gold and 25 million tons of copper.

    The Canadian junior is focused on properties in North, Central and South America. The largest project, Cervantes, is located in Sonora, Mexico. Aztec holds a 65% majority interest in the prospective porphyry gold-copper deposit. Aztec also has a 75% majority interest in the Tombstone multi-metal property in Cochise County, Arizona. High deposits of gold, silver, lead and zinc are suspected here.

    The coming months will be exciting for Aztec. Following the discovery of additional gold-copper-molybdenum soil and rock geochemical anomalies at the Cervantes property in Mexico, a Phase 2 reverse circulation drilling program will soon commence, where 22 drill holes will be explored for up to 5,000 m. Overall, Aztec is broadly positioned as an explorer, and the projects all appear very promising. In contrast, the current market capitalization of only CAD 17 million seems attractive for an entry. On the positive side, the share has been trading in a narrow range for months - despite the weak gold price. Now the question is: When will the knot burst?

    Barrick Gold with profit and dividend

    The shares of industry heavyweight Barrick Gold (ISIN: CA0679011084) have been unable to buck the falling gold price in recent weeks. But operationally, things are going quite well. The world's second-largest gold producer produced 1.04 million ounces in the second quarter (previous year: 1.35 million ounces) and generated sales of USD 2.89 billion (previous year: USD 3.06 billion). Adjusted earnings were USD 0.29 per share, 3 US cents above analyst estimates. It also announced a quarterly dividend of USD 0.09 and a special dividend of USD 0.14. The payment is scheduled to be made on September 15, 2021. Barrick also reiterated its guidance. During an interview with Kitco NEWS, Barrick CEO Mark Bristow expressed optimism for gold prices, "I always remind people of 2008, 2009, the global financial crisis, all those problems. The market did not react to it because it was desperately waiting for us to get out of the crisis before we could even really assess the damage it had done. It was not until 2011 that we saw everyone react to the damage, and of course, the price of gold went up and stayed up until beyond 2013. I think we are seeing the same thing now."

    Varta - big bag on friday?

    The Varta share (ISIN: DE000A0TGJ55) has performed strongly in recent weeks. In the meantime, it is already trading above EUR 160 and is thus approaching the all-time high at around EUR 181. There has been no concrete company news recently, but more and more short sellers seem to be on the retreat and stocking up. In addition, the German battery leader benefits from the overall good mood around lithium and electromobility. Tomorrow, Friday, will be the showdown. That is when Varta will present its half-year figures. In its core business with batteries for wireless electronics, such as headphones, Varta should earn very well. A new plant has also been put into production. Therefore, capital market participants speculate that Varta will increase the forecast. And perhaps there will be more details about the activities around the announced car batteries. Analysts - who have been somewhat critical of the Company for months - are conspicuously holding back. Should Varta actually raise its forecast, they will have to react.


    All three shares are facing exciting weeks. Varta may see price swings as early as tomorrow, and Barrick is a basic investment in the gold sector. If you like it more speculative, take Aztec - before the next drill results come in!


    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

    Fabian Lorenz

    For more than twenty years, the Cologne native has been intensively involved with the stock market, both professionally and privately. He is particularly passionate about national and international small and micro caps.

    About the author



    Related comments:

    Commented by Carsten Mainitz on January 14th, 2022 | 12:31 CET

    Barrick Gold, Alerio Gold, First Majestic - Experts agree: 2022 will be the year of mining stocks

    • Gold

    2021 was a consistently strange year. Corona surprised with more new variants, Olaf Scholz became German Chancellor and the prices for gold and silver, despite ever-rising inflation, developed downwards towards the end year. While in the past many investors have relied on cryptocurrencies as a hedge against inflation, perhaps the recent price capers of the leading cryptocurrency, Bitcoin, could make investors rethink.

    Read

    Commented by André Will-Laudien on January 13th, 2022 | 13:45 CET

    Triumph Gold, Delivery Hero, HelloFresh - Exploding like TeamViewer!

    • Gold

    Inflation is galloping, so the central banks will have to react soon. In the matter of COVID-19, an endemic is expected after the overcoming of Omicron. That would likely bring a boom to the economies. The high volatility on the capital markets has now manifested itself, and the basis of the argument changes almost daily. For us, it is a suitable opportunity to take a look at highly volatile investment vehicles. Actually, the sails are set, but inflation can still dash the party - but that would again be a buying argument for the precious metals!

    Read

    Commented by Nico Popp on January 13th, 2022 | 10:23 CET

    JinkoSolar, Barsele Minerals, Barrick Gold: Where challenges are opportunities

    • Gold

    The road to success is sometimes rocky and characterized by imponderables. Especially on the stock market, unclear situations can be good opportunities in the long run. Sometimes the market doesn't buy a company's long-term plans, or a fundamental situation overshadows what is actually a good investment story. We present three companies where there is currently a bit of sand in the gears and explain whether opportunities can arise.

    Read