Report
Martijn Den Drijver

AMG : Stress testing should provide some comfort

>Stress testing using multiple scenarios - The Goldman Sachs report (speculatively forecasting a decline in lithium prices) plus a decline in the vanadium price as well as a broader sector rotation out of mining and critical materials has resulted in AMG’s share price declining from a top of €41.36 (on April 4th) to €24.8 currently, a decline of 37%. That is a clear underperformance versus Albemarle (down 4% in that period) or Livent (down 16% in that period) and more...
Underlying
AMG Advanced Metallurgical Group N.V.

AMG Advanced Metaurgical Group NV is a holding company. Through its subsidiaries Co. creates and applies metallurgical solutions to the global trend of sustainable development of natural resources and CO2 reduction. Co. operates in three business segments: the Advanced Materials segment is engaged in the production of specialty metals and alloys; the Engineering Systems segement consists of proprietary technologies for the design and engineering of vacuum furnaces and related equipment used in the production and treatment of metals and alloys; and the Graphit Kropfmuhl's segment extracts, processes and refines natural crystalline graphite

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Martijn Den Drijver

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