First Cobalt Corp. (CVE:FCC – Get Free Report)’s share price traded down 1.6% during mid-day trading on Thursday . The company traded as low as C$0.30 and last traded at C$0.31. 463,523 shares changed hands during trading, a decline of 60% from the average session volume of 1,169,019 shares. The stock had previously closed at C$0.31.
First Cobalt Stock Performance
The stock’s 50-day simple moving average is C$0.30 and its 200 day simple moving average is C$0.30. The company has a debt-to-equity ratio of 20.98, a quick ratio of 30.51 and a current ratio of 30.70. The company has a market capitalization of C$162.97 million and a PE ratio of -7.26.
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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