With this in mind, here are three high-risk, high-reward plays trading under a pound that have grabbed my attention.

Cheap penny stock

One penny stock that could turn out to be a bargain in time is Safestyle UK (LSE: SFE). The firm manufactures and sells PVCu replacement windows and doors to the UK homeowner market. That’s about as dull a company as you’re going to find on the market. Notwithstanding this, I’m encouraged by recent trading.

Last month, Safestyle revealed it had managed to grow revenue, margins and its order book over the first half of 2021. In fact, it now expects full-year performance to be “ahead of current expectations“. That’s impressive, considering just how damaging the pandemic was to business last year.

Naturally, there are still risks. We could see a normalising of demand as people spend their lockdown savings on other things. The rising cost of materials used by Safestyle can’t be discounted either. 

With a net cash position and shares trading at less than 13 times earnings however, I think the potential reward might be worth it. 

Buy the dip?

Another penny stock that grabs my attention is Greatland Gold (LSE: GGP). I first became bullish on this miner when its shares changed hands for less than 2p a pop. From there, the price exploded to a high of 38.5p last December, thanks to positive drill results and the involvement of industry giant Newcrest.

Unfortunately, GGP has now retreated in value. In fact, its share price has fallen by over 50% in 2021, so far. This can be a common trend with penny stocks, especially miners.

After all, finding precious metals is just half of the challenge. Digging it up can be just as problematic, as well as costly. I’d need to keep this in mind if I were to invest in Greatland now.

However, I do think this remains one of the best junior copper/gold plays around. Last month, the company announced that recent drilling results “continue to support the potential for resource expansion” at its joint-owned, world-class Havieron project.

This could add even more value to the deposit GGP has located. The fact that it also operates in Western Australia rather than a more politically volatile part of the world is another attraction.

Travel surge

With signs that Covid-19 is in retreat, investors will be looking to play the full recovery in travel and leisure stocks. One that probably stays off most radars however, is Hostelworld (LSE: HSW).

Back in April, the online booking platform reported that uptake volumes had been “weak” throughout the first quarter of its financial year. Nevertheless, domestic trade was described as “recovering“, with the North and Central American markets looking the most sprightly.

Since then, of course, vaccination programmes have been in full swing. This may allow the company to provide some guidance on full-year earnings when it reports interim numbers next Wednesday (11 August). 

If the outlook has improved (and I think it has), this penny stock could be trading over a pound soon. Then again, the drop in the share price over the last few years, not to mention the strong competition it faces, suggests I’d still need a strong stomach to invest.

The post 3 high-risk, high-reward penny stocks appeared first on The Twelfth Magpie.

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Paul Summers has no position in any of the shares mentioned. The Motley Fool UK has no position in any of the shares mentioned. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors.

With 13% more gold produced than in the previous quarter, reaching 45.1 koz from Q2’s 39.9 koz, full year output is now “expected to be at top end of 160-175 koz guidance range.“

On top of that, copper production rose by 7% to 77.2 kt (from 72.3kt in Q2), and the company says it’s on track for meeting full-year guidance of 270-300 kt.

The KAZ share price had been in a bit of a tailspin, having lost more than 50% of its value since its 2018 peak in June. But a month ago, fellow Fool writer Peter Stephens rated the turnaround potential for a recovery as high, and this latest update will surely strengthen that sentiment.

Price recovering?

The share price rise on the day, while welcome, does need to be taken in context — it has actually only just returned to the level it stood at a week ago, before dropping in the days before the current update.

Analysts are predicting modest earnings rises for this year and next, but those would be sufficient to drop the stock’s forward P/E to only 5.6 this year, and as low as 4.8 in 2019. And with the share price so low, dividend forecasts suggest yields of 2% and better, even though the cash would be covered nine times by earnings.

What are the downsides? Net debt of $2bn at the halfway stage at 30 June looks scary, but that’s only approximately 1.5 times annualised EBITDA, which is a multiple that’s generally considered manageable.

We’re looking at an impressively low PEG ratio for 2019 of 0.6 too, which is often a good growth indicator.

KAZ is risky, certainly, but I’m also feeling positive about the recovery potential here.

More glitter

Gold miners tend not to excite me too much, but I can’t help but notice a recent share price spike at SolGold (LSE: SOLG). After a big slump in 2017, the price has soared by nearly 90% in less than two months.

Part of the boost comes from confidence in the firm shown by BHP Billiton which, this month, subscribed for 100 million new shares in SolGold at 45p apiece, to raise £45m for the company.

There are a number of conditions attached to protect BHP’s interest, including the right to appoint a director to the SolGold board. To me, it all adds up to a step forward in governance and a lowering of the risk for private investors.

Some risk

My colleague Peter again appears cautiously optimistic, suggesting that “while potentially volatile in the near term, the stock could have investment appeal.” That was before the BHP involvement was announced, and I think the latest news reinforces Peter’s thoughts.

I’m always wary of the fact that gold has little actual use other than as artificially desirable shiny stuff. But it’s in a reasonably buoyant phase at the moment, and with world political and economic uncertainty likely to continue for some time, this could be a good time to get into gold stocks.

I rarely go for risky growth stocks these days, but a younger me could have been tempted by both of these.

The post Could KAZ Minerals beat the SOLG share price in 2019? appeared first on The Twelfth Magpie.

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Alan Oscroft has no position in any of the shares mentioned. The Motley Fool UK has no position in any of the shares mentioned. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors.

Not all resources stocks have enjoyed such strong performance, though. Reporting on Friday was a mining company which could offer investment potential after a volatile period.

Uncertain outlook

The company in question is gold miner SolGold (LSE: SOLG). Its final results showed that it’s been an eventful year for the company, having progressed with substantial parts of its Ecuadorian portfolio. For example, its Cascabel project has moved ahead, while the company has also identified 10 key regional projects to progress on. It also raised £45m in November 2017 to continue drilling at Cascabel, and seems well-placed to deliver further progress over the medium term.

The company’s share price performance has been highly volatile in the last year. While it’s up 16% during the period, there have been large parts of the last 12 months where it’s also been significantly down.

Looking ahead, SolGold could experience further volatility. A rising US interest rate is making income-producing assets more attractive to investors, while a stronger US dollar is also hurting demand for gold, to some degree. In the long run, however, the prospects for the gold price could be positive due to the potential for higher inflation and economic uncertainty. As such, and while potentially volatile in the near term, the stock could have investment appeal.

Improving financial performance

Gulf Keystone Petroleum’s financial prospects are set to improve dramatically over the medium term. The company is expected to post a rise in earnings of 63% in the next financial year, and this could help to improve investor sentiment. With the company’s shares trading on a price-to-earnings growth (PEG) ratio of 0.1, they seem to offer an impressive buying opportunity, based on their risk/reward ratio.

Clearly, there’s still the potential for heightened geopolitical risk in areas the company operates. This could cause high volatility in future, but ultimately, this risk appears to have been priced into the company’s valuation when compared to both sector and index peers.

With the prospect of a buoyant oil price due to stable demand and an uncertain outlook for supply, the oil and gas sector could continue to perform relatively well. While there may be less risky options than Gulf Keystone Petroleum that have greater diversity and more stable balance sheets, for less risk-averse investors the stock could hold investment appeal. A 200% share price rise over the next year may not be possible, but significant capital growth could nevertheless be ahead over the long term.

The post How high can the GKP share price go after trebling in one year? appeared first on The Twelfth Magpie.

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Peter Stephens has no position in any of the shares mentioned. The Motley Fool UK has no position in any of the shares mentioned. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors.

One example is mining. It’s been relatively unpopular in recent years, with commodity price falls causing profitability across the industry to come under pressure. However, with the prospects for a number of miners now improving, this could be a good opportunity to invest in these two related shares.

Improving outlook

Releasing an exploration update on Wednesday was gold miner SolGold (LSE: SOLG). The company reported that two diamond drill rigs are set to mobilise in March, with the target for drill testing being the Aguinaga prospect. It’s a highly prospective copper gold porphyry target that has required a detailed assessment since the discovery of the outcrop. However, progress has been made and five high-priority drill targets have been identified. In the company’s view, they are compelling due to the coincidence of diagnostic anomalies in key supporting datasets.

Clearly, SolGold is a relatively small business which is highly dependent upon the quality of news it releases. However, its shares could benefit from what may prove to be a purple patch for the gold price. With the risks from higher global inflation contributing to the fall in stock markets across the globe, investors may increase their demand for the precious metal portfolios. In such a situation, gold miners and explorers could rise in value, which may mean that now is the right time to buy for the long term.

Encouraging progress

Also offering upside potential within the mining sector is Anglo American (LSE: AAL). The company has experienced a challenging period, with its profitability coming under severe pressure. However, this provided it with the opportunity to make major changes to its business model. It has made several asset disposals as it has sought to become more efficient and streamlined. This is expected to lead to improved profitability over the long run.

Despite this, Anglo American continues to trade at what appears to be a discount to its intrinsic value. For example, it has a price-to-earnings (P/E) ratio of 9.8. This suggests that investors remain cautious about its future prospects. But with dividends having recommenced following a suspension, the company’s management team seems to be upbeat about its future profit potential.

Certainly, commodity price falls could hurt the stock’s performance. And while the outlook for the global economy remains upbeat, there is no guarantee that prices will rise. But with a wide margin of safety and an improving business model that seems to be more sustainable, the company’s shares could deliver capital growth in the long run. As such, now could be a perfect time to buy them.

The post 2 stocks I’d invest £1,000 in today appeared first on The Twelfth Magpie.

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Peter Stephens has no position in any shares mentioned. The Motley Fool UK has no position in any of the shares mentioned. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors.

This is the second time this year that Miton has forced City analysts to upgrade their estimates. The business is often overlooked by private investors due to its modest £65m market cap, but in my view it’s potentially a better buy than some larger rivals.

Still looks cheap to me

At the end of October, the group had £3,635m of assets under management. It said that it has seen net inflows of new investor cash over the second half of the year and this suggests rising demand for the group’s investment expertise, much of which is focused on small-cap stocks.

Another attraction is that the group’s top fund manager, Gervais Williams, has a 6.88% stake in the firm. Mr Williams also has a seat on the board, so I think it’s fair to say that the company is unlikely to take short-term risks that could sacrifice long-term growth. Although he could unsettle the market if he ever chose to leave, this seems unlikely at present. On balance, I believe management interests are well aligned with those of shareholders.

Miton shares have risen by 28% over the last year, and by 69% over the last five years. Despite these gains, the stock currently trades on a forecast P/E of around 14, falling to a P/E of about 12 for 2018.

The dividend payout has grown at an average of 20% per year since 2011. A payout of 1.1p per share is expected this year, giving a forecast yield of around 3.1%. I believe further growth is likely in 2018, given the group’s debt-free balance sheet and strong cash generation.

In my view, Miton certainly rates as a potential buy after today’s news.

Follow the expert money

Miton’s strength is its expert team of specialist fund managers. For investors with an interest in small-cap mining stocks, that kind of expertise is often hard to find. Companies can appear credible but later prove disappointing.

One way to select potential winners is to follow the investments of larger mining firms. For example, the Cascabel project owned by gold and copper miner SolGold (LSE: SOLG) looked an uncertain bet for many years, until autumn 2016, when the group secured financial backing from A$18bn firm Newcrest Mining Limited.

Newcrest has since invested $63m in SolGold in exchange for a 14.54% holding in the company. Based on information in the latest presentation, I estimate that the average share price paid by Newcrest so far is about 30p.

However, SolGold shares currently trade at about 27p, giving us the opportunity to invest at roughly the same price Newcrest has been happy to pay.

SolGold believes that Cascabel could be a world-class discovery, with as much as 10bn tonnes of ore potentially containing 60m tonnes each of gold and copper. The company is now well funded for now, with a supportive industry investor.

Although this is only a small investment for Newcrest, which reported a profit of A$408m last year, I believe SolGold shares could be a good long-term buy at current levels as part of a diversified portfolio.

The post 2 high-growth stocks you might regret not buying appeared first on The Twelfth Magpie.

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Roland Head has no position in any of the shares mentioned. The Motley Fool UK has no position in any of the shares mentioned. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors.

Bullish catalysts

Sirius is preparing for its next stage of financing — a plan to raise £2.1bn of debt by next year to pay for the mine’s second stage of construction. Talks to secure government guarantees on a portion of the fundraising are reportedly “progressing well” with the Treasury’s Infrastructure and Projects Authority, which could lead to a deal which would significantly reduce its cost of financing for the project.

One thing which could boost its chances of securing good terms in the next round of funding would be the signing of further off-take agreements. Sirius has continued to invest in its sales force over the past year, and is in advanced negotiations with potential customers to expand its commercial reach into new markets. It hopes to announce additional off-take agreements by end of the year, after having already secured a total of 3.6m tonnes in binding ‘take or pay’ off-take agreements.

Potential acquisition

What’s more, there’s also been talks over a potential buyout of Israel Chemicals’ Boulby potash mine, which is located just over 10 miles north of Sirius’s Woodsmith Mine. The Boulby mine, which has historically focused on potash mining, is looking to boost production of polyhalite, with plans to produce up to 3m tonnes a year by 2025.

A potential tie-up with ICL would give Sirius earlier production, increased scale and infrastructure sharing opportunities, which could deliver significant synergies and improve returns for shareholders. However, not everyone is convinced, as analysts from Shore Capital warn about the risks of ICL’s historic liabilities and its ageing infrastructure.

Nevertheless, I still reckon the Sirius is a long-term value play. Although the company is still very early in the development phase and execution risks are very high, the investment opportunity for the stock seems to me very promising.

Huge copper discovery

Another stock offering great potential is Australian gold and copper mining company SolGold (LSE: SOLG). Shares in the company have gained 56% since the start of the year on growing investor enthusiasm with its Cascabel copper and gold discovery.

There’s growing evidence that its 85%-owned Cascabel deposit in Ecuador is a huge new copper discovery, rivalling in size some of the world’s largest existing mines, including Freeport McMoran’s Grasberg in Indonesia and Oyu Tolgoi in Mongolia. Such new discoveries of large copper deposits have become extremely rare in recent years and companies are having to spend ever bigger sums to find similarly sized deposits.

As investors increasingly flock to SolGold’s shares, the company has made the move from AIM to the Main Market of the London Stock Exchange, broadening its appeal to a wider investor base and increasing demand for its shares. This bodes well for its future fundraising plans and puts further growth on the horizon.

The post Why I see more upside ahead for Sirius Minerals plc appeared first on The Twelfth Magpie.

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Jack Tang has no position in any shares mentioned. The Motley Fool UK has no position in any of the shares mentioned. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors.

Looking ahead, there could be a further rise in the price of gold. Those same catalysts have not yet faded away and, with stock markets now being at record highs, gold could remain an attractive asset for long-term investors. With that in mind, gold shares such as SolGold (LSE: SOLG) and Fresnillo (LSE: FRES) could be worth buying and holding.

Positive outlook

The gains in stock markets across the globe in 2017 have been exceptional. For example, the S&P 500 and the FTSE 100 have both reached record highs. They have been fuelled by improved investor sentiment, with the potential for higher spending and lower taxes in the US being a key reason for this.

Looking ahead, those valuations may come under pressure due to the potential for a weakening macroeconomic outlook. Brexit talks are not progressing particularly well according to recent reports, while significantly higher spending and lower taxes in the US may not come to fruition to the same extent as had previously been anticipated. These factors could cause global economic growth to come under pressure, which may lead to increasing demand for gold among more risk-averse investors.

At the same time, the uncertainty regarding North Korea remains high. Although news regarding further missile tests has been absent of late, the outlook remains highly fluid and potentially volatile. Should it deteriorate, the gold price would have a very good chance of rising.

Investment potential

A higher gold price could be good news for SolGold and Fresnillo. Investor sentiment towards the companies could improve and potentially lead to higher share prices.

SolGold also seems to be making encouraging progress with its exploration programme. It reported positive results from its Cascabel project in Ecuador on Friday. The company will seek to expand its drilling programme over the medium term, and it is relatively confident about the prospects for further discoveries. While it remains a relatively risky stock which is highly dependent upon news, a mix of further success in its drilling programme and a higher gold price could push its share price higher.

Likewise, Fresnillo may also have investment appeal. The company is forecast to increase its bottom line by 45% this year, followed by further growth of 17% next year. The stock benefits from being a major silver producer, since it provides a degree of diversity. With it trading on a price-to-earnings growth (PEG) ratio of 1.5, it seems to offer excellent value for money for the long term. And with dividends being covered 2.1 times by profit, it could become a solid income play, even though its yield of 1.6% is not particularly high at the present time.

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Peter Stephens owns shares in Fresnillo. The Motley Fool UK has no position in any of the shares mentioned. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors.

“It has been a productive quarter with timely progress made on site preparation works in advance of shaft sinking commencing in quarter three. The team on site and at our headquarters has grown considerably as we continue with the delivery of the Woodsmith Mine and its associated infrastructure,” said CEO Chris Fraser.

De-risk

The company also said it was looking at ways to shorten the project schedule, and has already incorporated some of these changes into its development plan by optimising its shaft design. And as this should mean that Sirius would get towards production earlier, it would help to de-risk its development.

It’s the latest in a string of good news for the fertiliser development company. Earlier this year, it secured some major off-take deals and now has a total of 3.6m tonnes in binding ‘take or pay’ off-take agreements. And only last month, it joined the FTSE 250 stock index, after it moved to the Main Board of the London Stock Exchange.

Analysts from Shore Capital think the ‘risked’ net present value of Sirius shares are worth between 65p to 83.5p, which implies an upside of potentially more than 100%.

Long term

Nevertheless, Sirius is still very early in the development phase, meaning the company will likely encounter setbacks before it begins production. As such, Sirius shares fell by as much as 4% today as investors took profits after a year-to-date gain of 63%.

Despite the risks, I still reckon Sirius is a long-term value play — and I’m looking at starting a position should its share price dip below 28p.

Drilling results

Sirius is not the only small-cap miner with promising growth prospects. SolGold (LSE: SOLG) reckons there’s a significant chance of finding huge copper and gold deposits in Ecuador.

Shares in the miner soared as much as 7% today after the company announced that it had discovered “one of the most outstanding drilling results in copper and gold exploration history” from the rich Alpala copper-gold deposit in its Cascabel project.

This forms part of the growing evidence that the Cascabel deposit in Ecuador has the potential to rival the scale of the largest existing mines, such as Grasberg in Indonesia and Oyu Tolgoi in Mongolia. Such new discoveries of large copper deposits have become extremely rare in recent years and companies have had to spend ever bigger sums to find similarly large deposits.

More tests

However, the miner is still at a very early stage, and many more drill tests are needed to confirm the size and economic value of its project. As with all mining operations, but particularly for an early-stage project, we need to understand that the road from discovery to producing significant quantities of mineral is never easy, nor predictable.

Certainly, the stock has huge potential if the Cascabel deposit turns out to be as big as some have predicted. However, after a near 1,200% surge in its share price over the past 52 weeks, I’m anxious about getting into a stock that has already done so well.

The post Sirius Minerals plc: time to buy in or bail out? appeared first on The Twelfth Magpie.

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Jack Tang has no position in any shares mentioned. The Motley Fool UK has no position in any of the shares mentioned. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors.

For example, political risks in the US and Europe could lead to greater uncertainty, while increased spending in the US and the ECB’s quantitative easing programme may produce higher inflation over the medium term. In such conditions, the price of gold could perform relatively well. That’s why these two gold miners could be worth buying for the long run.

Encouraging progress

SolGold (LSE: SOLG) updated the market on Friday regarding assay results from its copper-gold porphyry project in Ecuador. Assay results from Hole 23R at Cascabel were delayed in the laboratory, but Hole 24 intersected at 160 metres and it represented a robust mineralising porphyry system at depth. Hole 25 intersected at 776 metres and it includes a high-grade panel of intense bornite mineralisation.

As well as an update on its Cascabel project, SolGold also reported that its application to list on the Toronto Stock Exchange (TSX) has been successful. This could help to provide the company with a trading platform for Canadian investors, which could increase demand for its shares over the medium term.

Having risen by 65% since the start of the year, investor sentiment towards SolGold appears to be extremely positive. Increases to the price of gold could help to push it further, while its asset base appears to have the potential to deliver improving financial performance in future years.

Solid growth potential

While SolGold is a relatively small business which is not yet turning a profit, fellow gold miner Fresnillo (LSE: FRES) offers rising bottom-line growth over the next couple of years. It is expected to report a rise in its earnings of 28% in the current year, followed by growth of 32% next year. This is clearly dependent upon how the gold price performs, but with the company also being the world’s largest silver miner, it does have more diversity than a pureplay gold miner.

Furthermore, Fresnillo trades on a price-to-earnings growth (PEG) ratio of just 0.8 at the present time. This suggests that there could be additional upside potential following its share price growth of 31% since the start of the year.

As well as capital growth potential, Fresnillo offers a bright future as an income stock. Dividends are expected to rise by 32% next year. This puts the company on a forward yield of 1.8% and with dividends covered more than twice by profit, further growth could be on the horizon.

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Peter Stephens owns shares of Fresnillo. The Motley Fool UK has no position in any of the shares mentioned. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors.

Of course, SolGold’s shares are still up by a whopping 54% since the turn of the year and a key reason for this has been the improving prospects for the gold price. With many investors believing that the price of gold would decline this year as US interest rates increased and made non interest producing assets less appealing on a relative basis, uncertainty regarding the global economy has made gold a popular asset for nervous investors.

SolGold’s most recent news was last week when it announced a new copper-gold mineralisation discovery in Ecuador. This was positive news for the business and while it remains a small and relatively high risk play, the upbeat outlook for gold in particular means that less risk averse investors may wish to take a closer look.

Also among the major movers today is GCM Resources (LSE: GCM), with the resource exploration and development company recording a rise in its share price of 18%. In response to this, the company has released a statement to say that it is not aware of any disclosable price sensitive information in relation to the company which has not yet been made public.

Of course, the most recent news release by GCM was at the end of March when it reported a wider pretax loss for the first half of the year due to higher share-based payments on its road to securing approval for the Phulbari coal project. It has been subject to delays in the past, with approval from the Bangladeshi government having been slower than hoped for. However, with GCM stating in its results that it was confident that approval would be granted, its shares could continue to rise in the short run, although they clearly remain relatively high risk.

Meanwhile, shares in Energy Assets Group (LSE: EAS) have soared by around 40% after it accepted a £198m takeover offer from Alinda Capital Partners. The infrastructure manager will pay a 40% premium to Energy Assets’ closing price from last week, with the gas metering specialist being valued at 22.6 times the most recent financial year’s earnings.

This may seem like a relatively high price to pay for Energy Assets Group, but with the company having upbeat earnings growth prospects, the buyer may be getting a good deal. For example, Energy Assets Group is forecast to grow its bottom line by 14% this year and by 24% next year, which puts it on a price to earnings growth (PEG) ratio of only 0.9. This indicates that while a 40% premium is being paid, it could be argued that Energy Assets Group is worth more if it is able to deliver on its strong medium term forecasts.

The post Why Are Traders Moving GCM Resources PLC, Energy Assets Group PLC And SolGold plc? appeared first on The Twelfth Magpie.

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Peter Stephens has no position in any shares mentioned. The Motley Fool UK has no position in any of the shares mentioned. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors.