Today, an analyst has provided a rating update for Cobalt 27 Capital Corp (KBLT). The company received a Buy rating from BMO Capital’s analyst Andrew Mikitchook, with a C$5.75 price target.
According to TipRanks.com, Mikitchook is ranked #1695 out of 5208 analysts.
Currently, the analyst consensus on Cobalt 27 Capital Corp is a Strong Buy with an average price target of C$6.06, a 47.4% upside from current levels. In a report issued on June 18, Canaccord Genuity also reiterated a Buy rating on the stock with a C$5 price target.
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The company has a one-year high of C$9.67 and a one-year low of C$3.27. Currently, Cobalt 27 Capital Corp has an average volume of 242.1K.
Cobalt 27 Capital Corp. is a junior mineral exploration and production company. It engages in the acquisition and development of mineral properties in Canada. It operates through the following business segments: Cobalt Investments, Streaming and Royalties, and Corporate. Cobalt 27 Capital was founded on May 9, 2006 and is headquartered in Toronto, Canada.
The company’s shares closed on Thursday at C$4.11, close to its 52-week low of C$3.27.
