A number of other equities research analysts also recently weighed in on KBLT. TD Securities lifted their price target on shares of Cobalt 27 Capital from C$13.00 to C$14.50 and gave the stock a buy rating in a research note on Wednesday, December 20th. BMO Capital Markets set a C$16.00 price target on shares of Cobalt 27 Capital and gave the stock an outperform rating in a research note on Tuesday, January 9th. National Bank Financial set a C$14.25 price target on shares of Cobalt 27 Capital and gave the stock an outperform rating in a research note on Friday, February 16th. Finally, Scotiabank lifted their price target on shares of Cobalt 27 Capital from C$11.00 to C$12.50 and gave the stock an outperform rating in a research note on Wednesday, December 6th.
Cobalt 27 Capital (CVE KBLT) opened at C$13.48 on Friday. Cobalt 27 Capital has a 52-week low of C$1.13 and a 52-week high of C$20.00. The stock has a market cap of $463.00, a price-to-earnings ratio of -8.07 and a beta of -1.15.
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Cobalt 27 Capital Corp. operates as a mineral resource company. The company has royalty interests in seven exploration-stage properties containing cobalt in Canada and Vietnam. The company was formerly known as Arak Resources Ltd. and changed its name to Cobalt 27 Capital Corp. in April 2017. Cobalt 27 Capital Corp.
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