Shares of First Cobalt Corp. (CVE:FCC – Get Free Report) were down 1.6% during trading on Friday . The stock traded as low as C$0.30 and last traded at C$0.31. Approximately 463,523 shares traded hands during trading, a decline of 60% from the average daily volume of 1,169,019 shares. The stock had previously closed at C$0.31.
First Cobalt Trading Down 1.6%
The firm has a market capitalization of C$162.97 million and a price-to-earnings ratio of -7.26. The firm’s 50 day moving average is C$0.30 and its 200 day moving average is C$0.30. The company has a quick ratio of 30.51, a current ratio of 30.70 and a debt-to-equity ratio of 20.98.
About First Cobalt
First Cobalt Corp. acquires and explores for resource properties in the United States and Canada. The company primarily explores for cobalt and silver deposits. Its flagship project is the Iron Creek cobalt project, which covers an area of approximately 2,600 acres located in Lemhi County, Idaho. The company was formerly known as Aurgent Resource Corp.
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