Bankers Cobalt (CVE:BANC) Trading Down 20%

Bankers Cobalt Corp (CVE:BANC) fell 20% during mid-day trading on Friday . The stock traded as low as C$0.02 and last traded at C$0.02, 1,000 shares were traded during trading. A decline of 99% from the average session volume of 126,062 shares. The stock had previously closed at C$0.03.

The company has a current ratio of 0.02, a quick ratio of 0.01 and a debt-to-equity ratio of 15.41. The company’s fifty day moving average is C$0.03 and its 200-day moving average is C$0.03. The firm has a market capitalization of $3.48 million and a P/E ratio of -0.21.

Bankers Cobalt Company Profile (CVE:BANC)

Bankers Cobalt Corp., a natural resource company, acquires, explores for, and develops mineral properties. The company primarily explores for cobalt and copper deposits. It holds interests in 26 mineral concessions covering an area of 391 square kilometers located in Katanga Province in southern Democratic Republic of Congo.

Further Reading: Front-End Load

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