AlphaValue Corporate Services Fundamental Analysis FR
Back to
AlphaValue Corporate Services
This research has been commissioned and paid for by the company and is deemed to constitute an acceptable minor non-monetary benefit as defined in MiFID II

Blackstone Resources

Bloomberg   BLS SW
Diversified Minerals  /  Switzerland  Web Site   |   Investors Relation
An intriguing battery (materials) play, but execution is the key
  • Blackstone Resources sees batteries as the next big thing as it pivots its business away from holding mines and into battery materials
  • Ownership of key materials (like manganese, cobalt, lithium and nickel) is a good start to battery initiatives at the R&D stage
  • Battery materials and manufacturing are challenging ventures facing a host of technological and financial hurdles
  • Blackstone Resources is not cash generative and faces high execution risks across its businesses. The funding bet is on German R&D subsidies
Upside 159%
Price (CHF) 1.88
Market Cap (CHFM) 80.3
Perf. 1W: -21.0%
Perf. 1M: -49.2%
Perf. 3M: 146%
Perf Ytd: 100%
10 day relative perf. to stoxx600: -35.7%
20 day relative perf. to stoxx600: -46.2%