Shares of Cobalt 27 Capital Corp (CVE:KBLT – Get Free Report) dropped 0.9% during mid-day trading on Tuesday . The company traded as low as C$4.36 and last traded at C$4.36. Approximately 7,023 shares traded hands during trading, a decline of 98% from the average daily volume of 331,766 shares. The stock had previously closed at C$4.40.
Cobalt 27 Capital Price Performance
The company has a quick ratio of 2.08, a current ratio of 2.10 and a debt-to-equity ratio of 42.12. The stock has a market capitalization of C$372.67 million and a PE ratio of -1.58. The stock’s 50-day moving average is C$4.36 and its 200 day 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.
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