WARNING: Palantir, here comes D-Wave! 150% upside potential for Power Metallic Mines! CRASH at Plug Power!

Power Metallic Mines: 150% upside potential

Roth Capital Partners sees around 150% upside potential for shares of Power Metallic Mines. Analysts set a fair value of CAD 3 and maintain a "Buy" recommendation. Shares of the Canadian exploration company, known for its world-class multi-metal project in Quebec, are currently trading at around CAD 1.20. Earlier this year, the stock was trading close to the CAD 2 mark. The subsequent decline is difficult to justify, as the Company has significantly expanded its exploration area in the current year and holds a "treasure trove" of copper, nickel, platinum, palladium, cobalt, gold, and silver. The size of which is now to be determined more precisely.

SGS Canada Ltd. has been commissioned to conduct comprehensive metallurgical testing for the Nisk project. The studies will determine the recovery rates of key metals such as copper, nickel, gold, silver, and platinum group elements (PGE). The resulting data will then be made available to analysts for updating their models, similar to what successful exploration companies like Filo Mining and Great Bear Resources have done.

The sample material originates from the Lion deposit, which includes a high-grade zone with massive copper sulfides and a lower-grade Hanging-wall zone. A total of approximately 600 kilograms of drill core residues were selected and processed into three 50-kg composites, designed to represent the mineralization. The tests are expected to provide insights into the recoverability of the six main metals and other potentially economically relevant rare elements. Power Metallic expects results in January 2026. Will Roth Capital then revise its study and perhaps raise its price target again?

https://youtu.be/6e9tTAd9owc?si=KfrpQpmZDym_Z69t

Plug Power: Share price down nearly 50%

In recent days, Plug Power's share price has taken a severe hit. Previously, the stock had surged sharply, driven by a short squeeze and hopes that the hydrogen specialist could benefit from the energy boom fueled by AI data centers in the US. However, from its high of around EUR 4 on October 6, the share price has since plunged to around EUR 2.30 within just a few weeks.

The news flow in recent weeks has actually been quite positive. Plug Power recently announced a follow-up order from Allied Biofuels FE LLC (ABF). Under this agreement, Plug Power is to supply additional GenEco PEM electrolysers with a capacity of up to 2 GW. The systems will be used at ABF's new plant in Uzbekistan for the production of sustainable aviation fuel (SAF), electro-SAF, and green diesel. This brings the total contracted capacity between Plug Power and Allied partners - including the 3 GW project with Allied Green Ammonia in Australia - to 5 GW. According to Plug, this represents one of the largest electrolyser deals of 2025.

CEO Andy Marsh described the agreement as further evidence of Plug Power's ability to deliver concrete gigawatt-scale projects, while Allied Biofuels Chairman Alfred Benedict highlighted the reliability of Plug's technology for large-scale industrial applications. The project strengthens Plug Power's presence in Central Asia and the broader Asia-Pacific region, reinforcing its position as a leading technology provider for green fuels and the global hydrogen economy.

The order has not yet provided Plug's share price with any new momentum. However, despite the slump in October, the stock has still more than tripled since May.

D-Wave: Emerging competition for Palantir?

D-Wave Quantum's share price has more than quadrupled since May. After reaching a high of EUR 40, the stock experienced a sharp correction and is now trading around EUR 28. Tomorrow will be an important day, as D-Wave reports its third-quarter results.

The Company recently announced the commissioning of its new Advantage2 quantum computer at Davidson Technologies' headquarters. The system is to be used primarily for national security applications and defense purposes and is part of a multi-year collaboration to promote quantum computing solutions for US government agencies. The Advantage2 is D-Wave's second quantum computer on US soil and the first in the state of Alabama. The system is already accessible to customers via the Leap cloud service and is designed to handle complex tasks such as radar detection, logistics optimization, materials research, and AI applications.

With its customer Davidson Technologies, D-Wave appears to be encroaching on Palantir's territory. How long it will take for quantum computing to gain widespread adoption is difficult to predict. For Power Metallic Mines, it seems to be only a matter of time before the stock picks up again. The news flow is positive, and analysts see further upside potential. At Plug Power, however, the recent euphoria was likely a little too great. The Company appears to be better positioned than its competitor, Nel, but profitability is still a long way off.