Deutsche Rohstoff AG: AlsterResearch initiates Coverage
June 01, 2023 at 09:41 am EDT
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EQS-News: Deutsche Rohstoff AG
/ Key word(s): Research Update
Deutsche Rohstoff AG: AlsterResearch initiates Coverage
01.06.2023 / 15:39 CET/CEST
The issuer is solely responsible for the content of this announcement.
Deutsche Rohstoff AG: AlsterResearch initiates Coverage
Mannheim. Deutsche Rohstoff AG has added another well-known address to its circle of analysts: AlsterResearch. The initial coverage was published today in English with a recommendation to buy and a target price of EUR 47.10 for the share. In total, there are now three assessments of the Deutsche Rohstoff AG share, which are freely available on the company's website.
On one hand, Deutsche Rohstoff AG thus broadens the average analysis recommendation (consensus) and, on the other hand, also addresses further addressees, both institutional and private investors in Germany as well as internationally. AlsterResearch will publish a German version soon after the English version.
Jan-Philipp Weitz: "For years, Deutsche Rohstoff AG has pursued the goal of providing transparent information for current and future shareholders that goes beyond the formal requirements of our stock exchange segment. With this step, we are expanding our coverage and thus addressing potential investors. In addition, we have expanded our designated sponsoring, presented comparative IFRS figures for the first time and will again be represented at numerous investor conferences in 2023."
Mannheim, 1 June 2023
01.06.2023 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement.
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Deutsche Rohstoff AG is a Germany-based holding company. Its activities are diversified into three business segments. The Gold and Silver is engaged in extraction of those two materials mainly in Australia. Nevertheless, In September 2014, the Company sold all its shares in Wolfram Camp Mining and Tropical Metals. Moreover it also obtains silver in Germany, from which the Company makes coins. The Oil and Gas business segments is handled through its subsidiary Rhein Petroleum GmbH, Tekton Energy LLC and Salt Creek Oil & Gas LLC, and is focused on the exploration and production of oil and natural gas in Germany and the United States. The High-Tech Metals business segment is engaged in extraction and supply of materials used for production of LEDs (Light Emitting Diodes), flat panel displays, solar cells, hybrid cars and medical indispensable, such as indium, gallium, cobalt and tin. The Company operates subsidiaries in the United States, Australia, Germany and Canada.
DEUTSCHE ROHSTOFF AG 
