Cobalt 27 Capital Corp (KBLT) Director Buys C$25,100.00 in Stock

Cobalt 27 Capital Corp (CVE:KBLT) Director Philip Williams bought 5,000 shares of the business’s stock in a transaction on Thursday, November 1st. The shares were acquired at an average cost of C$5.02 per share, with a total value of C$25,100.00.

KBLT stock traded up C$0.05 during trading on Friday, hitting C$5.07. The company had a trading volume of 15,300 shares, compared to its average volume of 171,159. Cobalt 27 Capital Corp has a 1-year low of C$4.76 and a 1-year high of C$14.00.

KBLT has been the subject of a number of recent research reports. BMO Capital Markets decreased their target price on Cobalt 27 Capital from C$16.00 to C$15.00 in a report on Thursday, September 20th. TD Securities dropped their price target on Cobalt 27 Capital from C$18.00 to C$13.00 and set a “buy” rating on the stock in a research report on Thursday, September 13th. Finally, Canaccord Genuity dropped their price target on Cobalt 27 Capital from C$22.50 to C$15.50 in a research report on Thursday, September 6th.

Cobalt 27 Capital Company Profile

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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