first colbalt us stock price

What are analysts'target prices for First Cobalt's stock?

1 analysts have issued 1 year target prices for First Cobalt's stock. Their predictions range from C$0.70 to C$1.00. On average, they anticipate First Cobalt's stock price to reach C$0.85 in the next year.

Is cobalt traded on the stock market?

Yes, Cobalt is traded on the stock market; you can buy cobalt stocks for company shares that are traded on major exchanges, like the NYSE, or over-the-counter (OTC) markets, stocks that trade for less than $5. Who Is the Largest Supplier of Cobalt?

Is first cobalt efficiently growing its dividend?

First Cobalt does not have a long track record of dividend growth. In the past three months, First Cobalt insiders have not sold or bought any company stock. The P/E ratio of First Cobalt is -7.26, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Is first cobalt a high-risk high-reward stock?

This makes investing in First Cobalt a high-risk, high-reward strategy. Its stock jumped up dramatically in price at the end of 2020 but has been trading sideways this year. Its stock is currently trading for less than $1 per share, so investors will want to be wary of the increased risks that come with trading penny stocks.

Is first cobalt a good stock to buy?

If you are looking for stocks with good return, First Cobalt Corp can be a profitable investment option. First Cobalt Corp quote is equal to 0.236 USD at 2022-07-19. Based on our forecasts, a long-term increase is expected, the "FTSSF" stock price prognosis for 2027-03-16 is 0.597 USD.

What happened to first Cobalt stock?

During that period, the share price of First Cobalt dropped 93 per cent from a peak of $1.44 in January 2018 to 0.09 cents in March 2020.

How can I invest in cobalt stock?

For those who want to jump in, there are two main ways to invest in cobalt: cobalt futures and cobalt stocks. Cobalt futures can be found on the London Metal Exchange under the symbol CO. These futures began trading in early 2010 and are quoted in US dollars per tonne.

Where is the first cobalt refinery?

Temiskaming ShoresTORONTO – First Cobalt Corp. last month provided an update on the expansion and recommissioning of its hydrometallurgical refinery project in Temiskaming Shores, Ont. The facility operated from 1996 to 2015, producing cobalt, nickel, copper and silver products.

What is first Cobalt called now?

Electra Battery Materials CorporationTo better reflect the Company's vision, First Cobalt Corp. will change its name to Electra Battery Materials Corporation (“Electra”).

Who owns First Cobalt?

Electra is already the owner of the only battery-grade cobalt refinery in North America, located in the town of Cobalt.

What is the best cobalt stock?

Top 5 Cobalt Stocks to Add to Your PortfolioGlencore (OTC: GLNCY)Vale (NYSE: VALE)Wheaton Precious Metal Corp. (NYSE: WPM)China Molybdenum Co. (OTC: CMCLF)Carpenter Technology Corp. (NYSE: CRS)

Is it smart to invest in cobalt?

Particularly due to rising demand for lithium-ion batteries in electronic devices and electric cars, cobalt prices have been steadily rising during the COVID-19 pandemic. Investing in cobalt stocks is worth considering for investors wanting to bet on increased use of battery technology and renewable energy.

Who is the biggest producer of cobalt?

the Democratic Republic of CongoThe mining industry in the Democratic Republic of Congo is the most lucrative and essential part of the DRC economy. It is their largest source of export income. The DRC accounted for more than two thirds of global cobalt production in 2021, making it the world's largest cobalt producer by a large margin.

Who owns the cobalt mines in Canada?

Ontario Cobalt Properties: Fuse owns a 100% interest its Glencore Bucke Property, situated in Bucke Township, 6 km east-northeast of Cobalt, Ontario, subject to a back-in provision, production royalty and off-take agreement.

Does Russia have Cobalt?

While the official Russian cobalt reserves are classified, according to some estimates by analysts of the Russian Expert business magazine, they currently vary ranging between 630,000 and 650,000 tonnes, of which 200,000 tonnes are proven.

Is there cobalt in cobalt Ontario?

Cobalt is a town in Timiskaming District, Ontario, Canada. It had a population of 1,118 at the 2016 Census....Cobalt, OntarioCountryCanadaProvinceOntarioDistrictTimiskamingGovernment19 more rows

How much is a share of cobalt?

0.2200Performance OutlookPrevious Close0.2200Day's Range0.2200 - 0.220052 Week Range0.1825 - 0.2898Volume100Avg. Volume03 more rows

What company sells the most cobalt?

Glencore is the world's largest cobalt-mining company, with total production in 2017 of 27,400 tonnes, and plans to increase output to 63,000 tonnes by 2020.

What's the price of cobalt today?

LME Cobalt Official PricesContractBidOfferCash49515.0050015.003-month49960.0050460.0015 month51500.0052500.00

How much does cobalt cost?

In 2021, the average spot price of cobalt in the U.S. stood at 23 U.S. dollars per pound. This is a considerable price decrease from 2018, when the price was 37.4 U.S. dollars per pound. Cobalt has a variety of uses, most commonly in the industrial sector.

How has First Cobalt's stock performed in 2022?

First Cobalt's stock was trading at C$0.31 at the start of the year. Since then, FCC stock has increased by 0.0% and is now trading at C$0.31. Vie...

Who are First Cobalt's key executives?

First Cobalt's management team includes the following people: Mr. Trent Charles Arthur Mell , Pres, CEO & Director (Age 51, Pay $283.98k) Mr. Ry...

Who are some of First Cobalt's key competitors?

Some companies that are related to First Cobalt include Foran Mining (FOM) , Maverix Metals (MMX) , Noront Resources (NOT) , Hochschild Mining...

What other stocks do shareholders of First Cobalt own?

Based on aggregate information from My MarketBeat watchlists, some companies that other First Cobalt investors own include Alexco Resource (AXU) ,...

What is First Cobalt's stock symbol?

First Cobalt trades on the Canadian Venture Exchange (CVE) under the ticker symbol "FCC."

How do I buy shares of First Cobalt?

Shares of FCC and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian...

What is First Cobalt's stock price today?

One share of FCC stock can currently be purchased for approximately C$0.31.

How much money does First Cobalt make?

First Cobalt (CVE:FCC) has a market capitalization of C$162.97 million.

How many employees does First Cobalt have?

First Cobalt employs 6 workers across the globe.

Is Cobalt gaining volume?

Does Cobalt hold sell signals?

First Cobalt Corp. gained volume on the last day, but on falling prices. In technical terms, this is called divergence and may be an early warning. In some cases, increasing volume on falling prices may be considered positive, but that is mainly in typical "sell-offs".

What are the best cobalt stocks?

Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average.

Which country produces the most cobalt?

Best Cobalt Stocks: Wheaton Precious Metals (NYSE:WPM) Wheaton Precious Metals is a unique metal streaming company. They’ve recently entered the cobalt market, but they also work with silver, gold, and palladium. As a streaming company, Wheaton doesn’t mine for precious metals.

What is cobalt used for?

Other top producers of cobalt include Russia, Australia, and the Phillippines. These countries produce the largest amount of unprocessed cobalt. However, China currently produces the most refined cobalt. Cobalt has become a truly global industry and is one of the most in-demand precious metals on the market right now.

How much cobalt will Glencore produce in 2021?

Most notably, cobalt is used in rechargeable lithium ion batteries. These are found in laptops, smartphones, and even new electric car models. It’s also used in a number of other products, such as paints, magnets, drills, airplanes, and more.

Why is cobalt in high demand?

They now expect to hit an output of 68,000 metric tons in 2021. No other cobalt company comes close to this output. Glencore also has a diverse portfolio of other metals. Cobalt is a volatile asset, and its value could change significantly in the next few years.

How to take advantage of high demand for cobalt?

It makes sense why cobalt is in such high demand right now. Because of global climate change, technology companies are switching their focus. Many are choosing to invest their time and energy in sustainable products, such as electric vehicles. Electric vehicles use rechargeable lithium ion batteries.

How much is Glencore worth?

One of the best ways for investors to take advantage of the high demand for cobalt is to buy stock in cobalt companies. Most of these companies also mine for nickel and copper. This is because raw cobalt is often produced as a by-product of these other precious metals.

Does First US Bancshares (NASDAQ:FUSB) Deserve A Spot On Your Watchlist?

This stability is a result of Glencore’s net worth. Their total assets in 2019 were over $120 billion. This gives them the financial power to deal with the strict regulations and political challenges in Katanga. They are now expanding their cobalt production in the region.

FIRST US BANCSHARES, INC. DECLARES CASH DIVIDEND

Like a puppy chasing its tail, some new investors often chase 'the next big thing', even if that means buying 'story...