News for Snoozers 6 May 2022

Friday, 6th May 2022 14:36 - by Moosh

A couple of companies to add to your watchlist for research for casual investors. Companies featured here are for medium to long-term purposes.

Goldplat, (LSE:GDP)

GDP has recently started a share buyback programme. The last 2 operating results releases have shown strong profitability and these are likely to drive up value from long-term investors rather than speculators.

Horizonte Minerals, (LSE:HZM)

HZM has completed a comprehensive funding package to sustain it for the next 2 years as work progresses at its Araguaia nickel project in Brazil. The story has started to unfold with the last 6 months revealing the acquisition of ferronickel processing equipment, an award of furnace contract and an award of engineering, procurement and construction management contract. A director has bought and Teck’s former major hold was snapped up by Glencore (GLEN). The price has relaxed since the Glencore news and should be of interest again to long-term investors.

The Writer's views are their own, not a representation of London South East's. No advice is inferred or given. If you require financial advice, please seek an Independent Financial Adviser.