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    ROR   CH0396131929

SUNMIRROR AG

(ROR)
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SunMirror AG: SunMirror AG strengthens its management with Lester Kemp as its new Chief Operating Officer (COO)

05/06/2021 | 03:09am EST

DGAP-News: SunMirror AG / Key word(s): Personnel
SunMirror AG: SunMirror AG strengthens its management with Lester Kemp as its new Chief Operating Officer (COO)

06.05.2021 / 09:07
The issuer is solely responsible for the content of this announcement.


SunMirror AG strengthens its management with Lester Kemp as its new Chief Operating Officer (COO)

ZUG, Switzerland; May 06, 2021 -- SunMirror AG ("SunMirror"; XETRA Vienna: ROR1; ISIN CH0396131929), the mining and exploration firm specializing in raw materials such as gold, lithium and other metals and minerals, is strengthening its management team to include Lester Kemp. The 55-year-old graduate from the Royal School of Mines (Imperial College, University of London) is joining SunMirror as its new Chief Geologist and Chief Operating Officer (COO). His activities will focus on SunMirror's projects in Australia, where the company holds attractive prospecting and mining rights. In addition, he will oversee further expansion into new markets and support the company with his many years of expertise in exploration. Lester Kemp has more than 25 years of experience in senior positions worldwide in mining and exploration. Most recently, he worked as COO for Century Cobalt Corporation, where he was responsible for cobalt projects in the U.S., and as a consultant to various companies, he advised on resource projects in Africa. Lester Kemp is also a Non-Executive Director of a UK-based advisory firm specializing in promoting responsible business conduct and good governance in mineral production and sourcing.

"We are very pleased to welcome an experienced and renowned professional like Lester Kemp to SunMirror and look forward to working with him successfully in the future. With his expertise and experience, Lester Kemp will provide important impetus to our further growth. Together with him, we will continue to drive SunMirror's successful development and increase the company's value in the long term," said Dr. Heinz Rudolf Kubli, Member of the Board of Directors of SunMirror AG.

Analysts at Sphene Capital, a research firm that focuses on small and mid caps, are also positive about SunMirror's further development. In their latest study, they confirm their buy recommendation for the SunMirror share and have significantly increased the price target from EUR 68.90 to EUR 174.30. According to Sphene Capital, further share price potential could arise, among other things, if SunMirror succeeds in using the proceeds from the planned capital increase to acquire raw material deposits that are below market value. The full report is available on SunMirror AG's website at www.sunmirror.com in the "Investor Relations" section.

About SunMirror AG
SunMirror is a natural resources holding company with a strategic focus on gold and other critical commodities - those metals and minerals that drive demand for sustainable next-generation technology. The company's shares (ISIN CH0396131929) are listed on the Vienna Stock Exchange (ticker: ROR1) and the Düsseldorf Stock Exchange. For further information, please visit: www.sunmirror.com.

Press contact
edicto GmbH
Doron Kaufmann/Axel Mühlhaus
Phone: +49 69 905505-53
sunmirror@edicto.de
Eschersheimer Landstrasse 42 - 44
60322 Frankfurt/Main, Germany

 



06.05.2021 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de


Language: English
Company: SunMirror AG
Steinhauserstrasse 74
6300 Zug
Switzerland
E-mail: info@sunmirror.ch
Internet: https://www.sunmirror.ch
ISIN: CH0396131929
WKN: A2JCKK
Listed: Regulated Unofficial Market in Berlin, Dusseldorf
EQS News ID: 1193156

 
End of News DGAP News Service

1193156  06.05.2021 

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Financials
Sales 2022 - - -
Net income 2022 -9,78 M -11,0 M -11,0 M
Net Debt 2022 - - -
P/E ratio 2022 -53,6x
Yield 2022 -
Capitalization 439 M 495 M 495 M
Capi. / Sales 2022 -
Capi. / Sales 2023 37,8x
Nbr of Employees -
Free-Float -
Chart SUNMIRROR AG
Duration : Period :
SunMirror AG Technical Analysis Chart | ROR | CH0396131929 | MarketScreener
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 1
Last Close Price 262,00 €
Average target price 194,70 €
Spread / Average Target -25,7%
EPS Revisions
Managers and Directors
Lester Kemp COO, Director & Chief Geologist
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