Market Performance
Deutsche Rohstoff AG (ticker: DRAG) traded on Xetra at EUR 98.30 as of 08 April 2026, falling within the 52‑week range of EUR 31.10 to EUR 103.00. The company’s market capitalization is EUR 467,160,000 and its price‑to‑earnings ratio stands at 12.87.
Analyst Coverage
| Date | Source | Analyst | Rating | Target Price |
|---|---|---|---|---|
| 09 April 2026 | www.t‑online.de | Simon Scholes (First Berlin Equity Research GmbH) | BUY | EUR 124.00 |
| 09 April 2026 | www.wallstreet‑online.de | – | BUY | – |
| 08 April 2026 | www.wallstreet‑online.de | – | BUY | – |
The first‑hand research update from First Berlin Equity Research reiterated the BUY recommendation and lowered the 12‑month target price from EUR 139.00 to EUR 124.00. The downgrade in the target price follows a significant corporate event detailed below.
Corporate Actions
On 1 April 2026, Deutsche Rohstoff AG announced the disposal of 9 million shares in Almonty, representing 38 % of the company’s holding. The shares were diluted for bond conversion. The transaction is expected to generate a book‑value gain of almost EUR 100 million. Based on a book value of EUR 0.75 per share, the total proceeds are estimated at EUR 106 million. Management plans to allocate the proceeds to new drilling projects, signalling a continued emphasis on expanding the company’s well program.
Financial Outlook
Earnings and Revenue Forecasts
| Metric | 2025 Q4 | 2025 FY | 2024 FY |
|---|---|---|---|
| EPS (projected) | EUR 1.44 | EUR 6.03 | EUR 10.26 |
| Revenue (projected) | EUR 45.0 million | EUR 195.1 million | EUR 236.4 million |
| Revenue variance (vs. previous year) | –31.54 % | –17.12 % | – |
An analyst expects the company to record an EPS of EUR 1.44 for the quarter ended 31 December 2025, compared with a historic EPS of EUR 2.86. For the full fiscal year, the projected EPS is EUR 6.03, down from EUR 10.26 in the prior year. Revenue is forecast at EUR 195.1 million for the year ended 31 December 2025, a decline of 17.12 % from the EUR 236.4 million reported in 2024.
Strategic Initiatives
The company’s management has reiterated its commitment to expanding the drilling programme, as noted in a 08 April 2026 research note. The forthcoming capital from the Almonty share sale is intended to fund these new wells, reinforcing the company’s exploration and production strategy in the oil and gas sector.
Broader Market Context
Deutsche Rohstoff AG is highlighted as a participant in the upcoming Scale‑Summit organized by Deutsche Börse AG in collaboration with Airtime Software (scheduled for 23/24 June 2026). The event aims to elevate visibility for the Scale segment of the Frankfurt Stock Exchange. The company’s inclusion alongside other industry players suggests a strategic emphasis on engaging new investor groups within the Scale framework.
All figures are taken directly from the provided input and reflect the most recent public disclosures as of 09 April 2026.
