Cobalt 27 Capital Corp (CVE:KBLT – Get Free Report)’s share price dropped 0.9% on Tuesday . The company traded as low as C$4.36 and last traded at C$4.36. 7,023 shares traded hands during mid-day trading, a decline of 98% from the average session volume of 331,766 shares. The stock had previously closed at C$4.40.
Cobalt 27 Capital Stock Down 0.9%
The company has a debt-to-equity ratio of 42.12, a quick ratio of 2.08 and a current ratio of 2.10. The company has a market capitalization of C$372.67 million and a price-to-earnings ratio of -1.58. The firm’s 50-day simple moving average is C$4.36 and its 200-day simple moving average is C$4.36.
About Cobalt 27 Capital
Cobalt 27 Capital Corp. operates as a minerals company. It holds physical cobalt material; owns a cobalt stream on Vale's worldclass Voisey's Bay mine; and manages a portfolio of nine royalties, as well as intends to invest in a cobalt-focused portfolio of streams, royalties, and direct interests in mineral properties containing cobalt. The company was formerly known as Arak Resources Ltd. and changed its name to Cobalt 27 Capital Corp. in April 2017. Cobalt 27 Capital Corp. was incorporated in 2006 and is headquartered in Toronto, Canada.
Featured Stories
- Five stocks we like better than Cobalt 27 Capital
- PriceSmart Stock Eyes $220 as Chile Expansion Fuels Growth
- Dollar Tree’s Turnaround Is Starting to Take Root
- Why Levi’s Digital Strategy Is Paying Off in a Big Way
- Constellation Brands: Beer Growth and Buybacks Mask Stock’s Slump
Receive News & Ratings for Cobalt 27 Capital Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cobalt 27 Capital and related companies with MarketBeat.com's FREE daily email newsletter.
