$KRI
Kobo Resources: share jumps and with great potential
The rally is finally underway at Kobo Resources. The gold pearl initially has a lot of catching up to do. On the positive side, the share price is rising with high trading volumes on the stock exchanges. There is now also lively trading in Frankfurt. According to the analysts at Atrium Research, investors still have great opportunities for returns. The experts see the fair value of the Kobo share at CAD 0.60. Yesterday, the share was quoted at CAD 0.29. The rally in Kobo Resources could go much further, particularly with regard to the price of gold. The precious metal is currently attacking the high for the year just below USD 4,400 per troy ounce.
Kobo Resources is active in the Ivory Coast with its Kossou and Kotobi projects. The West African country is one of the most stable on the continent. The government relies on international mining partnerships and is attracting more and more gold companies. Kossou is Kobo's advanced flagship project. This year has seen promising drilling with gold discoveries near surface and at depth of up to 17.30 g/t Au. An initial resource estimate is expected to be published in Q1 2026. The Kossou project is located only around 40 km from the capital Yamoussoukro in the Birimian belt. It is therefore in the immediate vicinity of Perseus Mining's already producing mine. This makes Kobo a takeover candidate. Perseus could strengthen its resource with the purchase and save on investments in new infrastructure.
This makes Kobo Resources an exciting gold explorer stock for 2026.
$ABX (+2,12%)
Barrick Mining with IPO plans
It would be a real bombshell! Is Barrick Mining taking its North American gold assets public? Since the company itself has informed about the possibility, this shows that it seems to be well advanced. According to this, the commodities giant could sell shares in its US business. However, the company expressly points out that it only intends to sell a minority stake and retain control. The company cites its stake in Nevada Gold Mines (joint venture), the stake in Pueblo Viejo in the Dominican Republic and the 100%-owned Fourmile discovery in Nevada as anchor assets. Barrick intends to provide an update on the audit as part of the publication of the 2025 annual figures in February 2026.
With the partial IPO, Barrick could increase the visibility of its cash-flow-rich US assets and reduce a potential valuation discount from geopolitically riskier regions. This would also accommodate activist investor Elliott. The latter has long been calling for a reorganization of assets in North America, Africa and Asia. It would also enable Barrick to counteract a possible hostile takeover by Newmont. Rumors that the arch-rival is also targeting Barrick's North American business have been circulating for some time.
The IPO fantasy is certainly good for the Barrick share. Yesterday, the share marked a new high for the year at over EUR 37.
$FR (+4,67%)
First Majestic Silver: Strong demand
Silver will shine at least as brightly as gold in 2025. The price of an ounce has more than doubled in the current year and is close to its all-time high at over USD 63. One of the investor favorites in the sector is First Majestic Silver.
The latest transaction shows just how much interest there is in the company. Within a few days, First Majestic completed the issue of a convertible bond with a volume of USD 300 million. The security matures in 2031 and bears interest at 0.125% per annum. In addition, an over-allotment option worth USD 50 million was exercised in full. The conversion price is around USD 22.36 per share.
The company will use part of the net proceeds to redeem an older convertible bond with an interest rate of 0.375%. The remaining proceeds will be used for general corporate purposes, including strategic opportunities. It is therefore possible that First Majestic will ramp up its M&A activities in the coming year.
Yesterday, First Majestic's share price reached a high for the year of over USD 16.
Source: esg-aktien.de