Cruz Cobalt (CVE:CUZ) Stock Price Passes Below 50 Day Moving Average – What’s Next?

Cruz Cobalt Corp (CVE:CUZ) crossed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of C$0.05 and traded as low as C$0.04. Cruz Cobalt shares last traded at C$0.05, with a volume of 87,000 shares.

Cruz Cobalt Stock Performance

The business has a fifty day moving average of C$0.05 and a two-hundred day moving average of C$0.05. The firm has a market capitalization of C$3.93 million and a price-to-earnings ratio of -2.78.

Cruz Cobalt Company Profile

Cruz Cobalt Corp., an exploration stage company, engages in the acquisition, exploration, and evaluation of mineral properties in Canada and the United States. The company explores for cobalt and lithium properties. It holds interests in nine cobalt projects located in North America, including five in Ontario, two in British Columbia, one in Idaho, and one in Montana.