First Cobalt (CVE:FCC) Trading Down 1.6%

First Cobalt Corp. (CVE:FCC) shares fell 1.6% during mid-day trading on Tuesday . The company traded as low as C$0.30 and last traded at C$0.31. 463,521 shares were traded 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 Trading Down 1.6 %

The stock has a market cap of C$162.97 million and a price-to-earnings ratio of -7.26. The company has a quick ratio of 30.51, a current ratio of 30.70 and a debt-to-equity ratio of 20.98. The business has a 50-day moving average of C$0.30 and a 200-day moving average of C$0.30.

First Cobalt Company Profile

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.