First Cobalt (CVE:FCC) Trading Down 1.6%

First Cobalt Corp. (CVE:FCC)’s stock price fell 1.6% on Tuesday . The stock traded as low as C$0.30 and last traded at C$0.31. 463,521 shares changed hands during mid-day 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 company has a quick ratio of 30.51, a current ratio of 30.70 and a debt-to-equity ratio of 20.98. The firm’s 50 day simple moving average is C$0.30 and its two-hundred day simple moving average is C$0.30. The stock has a market capitalization of C$162.97 million and a P/E ratio of -7.26.

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.