Canada Cobalt Works (CVE:CCW) Trading Down 1.5%

Canada Cobalt Works Inc (CVE:CCW) shares fell 1.5% during mid-day trading on Thursday . The stock traded as low as C$0.32 and last traded at C$0.33, 8,091 shares were traded during trading. A decline of 94% from the average session volume of 144,647 shares. The stock had previously closed at C$0.33.

The firm has a market cap of $26.30 million and a price-to-earnings ratio of -5.21. The company’s 50-day moving average price is C$0.30 and its 200-day moving average price is C$0.32.

Canada Cobalt Works Company Profile (CVE:CCW)

Canada Cobalt Works Inc engages in the acquisition, evaluation, exploration, and development of mineral properties in Canada. The company primarily explores for silver and cobalt deposits. It focuses on exploring and developing the Castle mine near Gowganda; and the Beaver and Violet mines near Cobalt.

Further Reading: Outstanding Shares and The Effect on Share Price

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