Discoveries and innovations drive share prices on the stock markets. Yes, the more sustainable the success, the greater the increase in value for shareholders. It is therefore hardly surprising that changes and developments in everyday economic life mean that old names can disappear and be replaced by new companies. Apart from the oldest currency in the world, nothing is for eternity. Whether the historical investment approach: "buy and hold" is still valid today depends, as always, on the company.
Potential in the ground and in the stock
The Canadian exploration company
Blackrock Gold (TSXV: BRC) looking for precious metal deposits in the US state Nevada.
In recent months, the company has announced numerous discoveries and the value of its stock has increased accordingly. Further drilling programs are planned to discover the size of the deposits and additional value driving precious metals.
CEO Andrew Pollard provided further details on the company's development in Blackrock Gold's recent news release: "Our second set of assays from our maiden drill program at Tonopah West has delivered our second high-grade discovery. The silver and gold grades encountered at both our Victor and DPB targets offer prime examples of
why this historic district long ago rose to prominence as the "Queen of the Silver Camps" and highlights the scale of the opportunity for us as the first group to target these historic workings. (…)"
In July 2020, Blackrock Gold announced the
discovery of 2,198 grams silver equivalent (‘AgEq’) per tonne over 3.0 metres, which came as a surprise to market participants. In the most recent averaging, 1,577 grams of silver equivalent per tonne over 4.6 metres, including 3.0 metres grading 2,215 grams of silver equivalent per tonne, was announced. Due to these high values, the company has since been in the focus of investors. The company's value is at CAD 118.8 million.
Partner for political strategies
The Norwegian hydrogen company
NEL ASA (FSE: D7G) can benefit from the current hype about the energy carrier, because it is
part of the ecosystem and supplies important components for the development of an infrastructure. All over the world, modern states are striving for ways to ban CO2 emissions from road traffic in big cities. The plant engineering company offers technical solutions to produce and distribute hydrogen.
Hydrogen from renewable energies can be particularly attractive to politicians because it allows this green energy to be used without hazardous waste and exhaust gases. The market value of NEL ASA is now more than EUR 2.7 billion, which means that a large part of its future development is already included in the price.
Chinese success story
The Chinese electronics manufacturer
Xiaomi (FSE: 3CP) is one of the leading producers of smartphones. However, the company also covers other fields of technology and invests in innovations from startups. Xiaomi was founded ten years ago and is managed from Beijing.
In the relatively short history of the company, its market capitalization has risen to over EUR 64.3 billion.
This development was only possible because the company convinced customers in the People's Republic with innovative smartphones and at the same time earned money. Whether the shares can continue this success remains to be seen.
Lately the company made headlines because it invested in a potential competitor of Dyson. The start-up Dreame develops products based on the design of the British company.
CONFLICT OF INTEREST & RISK NOTE
We would like to point out that Apaton Finance GmbH, the owner of news.financial, as well as partners, authors or employees of Apaton Finance GmbH may hold long or short positions in the aforementioned companies and that there may therefore be a conflict of interest. Further details can be found in our ´
Conflict of Interest & Risk Disclosure´.