KBLT.V - Cobalt 27 Capital Corp.

TSXV - TSXV Delayed Price. Currency in CAD
4.0700
-0.1300 (-3.10%)
At close: 3:59PM EST
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Previous Close4.2000
Open4.3400
Bid4.06 x 0
Ask4.12 x 0
Day's Range4.0600 - 4.3400
52 Week Range4.0600 - 14.0000
Volume138,132
Avg. Volume265,560
Market Cap345.242M
Beta (3Y Monthly)1.49
PE Ratio (TTM)15.24
EPS (TTM)0.27
Earnings DateN/A
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est14.58
  • CNW Group13 days ago

    Cobalt 27 Provides Clarification to News Release Announcing TSX Venture Acceptance of Normal Course Issuer Bid

    TORONTO, Nov. 28, 2018 /CNW/ - Cobalt 27 Capital Corp. ("Cobalt 27" or the "Company") (TSXV: KBLT)(OTCQX: CBLLF)(FRA: 27O), at the request of IIROC, wishes to clarify the news release disseminated by the Company on November 28, 2018, by adding that the Company has appointed Scotia Capital Inc., to conduct the normal course issuer bid ("NCIB") on its behalf, in accordance with applicable Canadian securities laws. This clarification relates to Cobalt 27's previously announced news release that the TSX Venture Exchange has accepted the Company's notice to implement a NCIB to purchase, for cancellation, up to 8,400,000 of its common shares, representing 9.9% of Cobalt 27's common shares (calculated in accordance with the rules of the TSX-V), over a twelve month period commencing on December 3, 2018.  The NCIB will expire no later than December 2, 2019.

  • CNW Group13 days ago

    Cobalt 27 Announces TSX Venture Acceptance of Normal Course Issuer Bid

    TORONTO, Nov. 28, 2018 /CNW/ - Cobalt 27 Capital Corp. ("Cobalt 27" or the "Company") (TSXV: KBLT)(OTCQX: CBLLF)(FRA: 27O), announces that the TSX Venture Exchange has accepted the Company's notice to implement a normal course issuer bid ("NCIB") to purchase, for cancellation, up to 8,400,000 of its common shares, representing 9.9% of Cobalt 27's common shares (calculated in accordance with the rules of the TSX-V), over a twelve month period commencing on December 3, 2018.  The NCIB will expire no later than December 2, 2019. All purchases made pursuant to the NCIB will be made through the facilities of the TSX Venture Exchange or alternative Canadian trading systems, in open market transactions or by such other means as may be permitted under applicable securities laws.  The price that Cobalt 27 will pay for common shares in open market transactions will be the market price at the time of purchase.

  • CNW Group28 days ago

    Cobalt 27 Announces Normal Course Issuer Bid, US$6.8 Million Settlement of Insurance Claim and Corporate Update

    TORONTO, Nov. 13, 2018 /CNW/ - Cobalt 27 Capital Corp. ("Cobalt 27" or the "Company") (TSXV: KBLT)(OTCQX: CBLLF)(FRA: 27O), announces that the Company has received settlement of its insurance claim related to the loss through theft of 76 tonnes of the Company's premium grade cobalt from Vollers Holland BV Rotterdam warehousing facility.  The total amount of the settlement received by the Company is more than US$6.8 million based on the highest price of premium grade cobalt during the month of loss, which was US$40.85 per pound, as quoted by Metal Bulletin on July 4, 2018. Cobalt 27 intends to use the proceeds from the insurance settlement, as well as any excess liquidity, to repurchase its common shares pursuant to a normal course issuer bid as, in the opinion of management and the board of directors, its common shares have recently traded in a price range that represents a substantial discount to the Company's net asset value and does not reflect the underlying value of the Company.

  • CNW Grouplast month

    Pala Increases Investment in Cobalt 27

    TORONTO, Nov. 9, 2018 /CNW/ - Pala Investments Limited ("Pala"), a multi-strategy investment company focused on the mining and metals value chain, announced today it has increased its investment in Cobalt 27 Capital Corp. (TSXV:KBLT.V - News) ("Cobalt 27"). Pala has acquired an additional 1,300,000 common shares of Cobalt 27 at prices of $6.60 and $6.70 per common share for an aggregate purchase price of $8,640,000 over the facilities of the TSX. Immediately prior to the acquisitions, Pala held 8,476,582 common shares representing a securityholding percentage of approximately 9.99% (based on 84,815,780 common shares outstanding).  Pursuant to the acquisitions, Pala acquired 1,300,000 common shares.  Immediately following the acquisitions, Pala holds 9,776,582 common shares representing a securityholding percentage of approximately 11.53%, an increase in its securityholding percentage of approximately 1.53%.

  • ACCESSWIRElast month

    Analysts Agree- Cobalt 27 Share Price Disconnected from Underlying Valuation; EV Adoption Worldwide Stronger Than Ever

    TORONTO, ON / ACCESSWIRE / November 7, 2018 / New research reports out of TD Securities Inc. and BMO Capital Markets point out significant valuation disconnects in the current share price of Cobalt 27 Capital Corp. (TSX.V: KBLT / OTCQX: CBLLF / FSE: 27O) even as EV sales break new records. Coming on the heels of a recent increase in its credit facility to US $200 million, Cobalt 27 is now positioned to close its previously announced acquisition of the world's first producing cobalt-nickel stream on the world-class Ramu mine. Upon completion, the Company will begin to see immediate cash flows on a long-life asset that is is expected to result in attributable stream production totaling approximately 700,000 pounds of cobalt and 3 million pounds of nickel annually.

  • Simply Wall St.last month

    Do Directors Own Cobalt 27 Capital Corp (CVE:KBLT) Shares?

    The big shareholder groups in Cobalt 27 Capital Corp (CVE:KBLT) have power over the company. Generally speaking, as a company grows, institutions will increase their ownership. Conversely, insiders often decrease Read More...

  • CNW Grouplast month

    Cobalt 27 to Present at Deutsche Bank, Goldman Sachs and Scotiabank Mining Conferences

    TORONTO , Nov. 1, 2018 /CNW/ - Cobalt 27 Capital Corp. ("Cobalt 27" or the "Company") (TSXV: KBLT )(OTCQX: CBLLF )(FRA: 27O ), a battery metals streaming and royalty company offering ...

  • CNW Group2 months ago

    Cobalt 27 Announces Upsized US$200 Million Credit Facility

    TSX Venture: KBLT OTCQX: CBLLF FRA: 27O TORONTO , Oct. 24, 2018 /CNW/ -  Cobalt 27 Capital Corp. ("Cobalt 27" or the "Company") (TSXV: KBLT )(OTCQX: CBLLF )(FRA: 27O ), is pleased to ...

  • CNW Group2 months ago

    Cobalt 27 Announces First Blast at Voisey's Bay Mine Expansion

    TORONTO, Oct. 19, 2018 /CNW/ - Cobalt 27 Capital Corp. ("Cobalt 27" or the "Company") (TSXV: KBLT)(OTCQX: CBLLF)(FRA: 27O), is pleased to announce that the Company has received confirmation from Vale of the start of the Voisey's Bay transition to underground mining with the first blast at the Reid Brook portal rock face of the Voisey's Bay Mine Expansion (the "VBME", and collectively, "Voisey's Bay"), located in Newfoundland & Labrador, Canada. On June 28, 2018, Cobalt 27 announced that the Company had closed its acquisition of a US$300 Million Cobalt Stream on Vale's Voisey's Bay Mine including from the planned Voisey's Bay Mine Expansion. The Company's 32.6% Cobalt Stream is expected to deliver approximately 1.9 million pounds of cobalt per year to Cobalt 27, to be settled in physical delivery for the life of the mine, commencing January 1, 2021. Vale announced its plans to proceed with the construction of the VBME on June 11, 2018, and is expected to have its first full year of production in 2021.

  • ACCESSWIRE2 months ago

    Cobalt 27 Trading at a Significant Discount to Peers; Analysts Say Cobalt Fundamentals Remain Unchanged

    TORONTO, ON / ACCESSWIRE / October 18, 2018 / New analyst reports out of National Bank of Canada, Scotiabank, TD Securities Inc. and Canaccord Genuity suggest that Cobalt 27 Capital Corp. (TSX-V: KBLT / OTCQX: CBLLF / FSE: 27O) continues to trade at a steep discount relative to other streaming and royalty sector peers. The Company's business strategy is to acquire physical cobalt material as well as streams, royalties and interests in mineral properties containing cobalt.

  • CNW Group2 months ago

    Cobalt 27 Announces Upgrade to OTCQX Best Market in the U.S. under the Symbol CBLLF

    TSX Venture:  KBLT OTCQX:  CBLLF FRA:  27O TORONTO , Oct. 9, 2018 /CNW/ -  Cobalt 27 Capital Corp. ("Cobalt 27" or the "Company") (TSXV: KBLT )(OTCQX: CBLLF )(FRA: 27O ), is pleased ...

  • CNW Group2 months ago

    Cobalt 27 to Present at Metals Industry Conferences

    TSX Venture: KBLT FRA: 27O TORONTO , Oct. 4, 2018 /CNW/ - Cobalt 27 Capital Corp. ("Cobalt 27" or the "Company") (TSXV: KBLT )(FRA: 27O ), a battery metals streaming and royalty company ...

  • Simply Wall St.3 months ago

    Why Cobalt 27 Capital Corp (CVE:KBLT) May Not Be As Efficient As Its Industry

    The content of this article will benefit those of you who are starting to educate yourself about investing in the stock market and want to begin learning the link betweenRead More...

  • CNW Group3 months ago

    Cobalt 27 to Present at CLSA, Credit Suisse and Deutsche Bank Investment Conferences

    TSX Venture: KBLT FRA: 27O TORONTO , Sept. 5, 2018 /CNW/ - Cobalt 27 Capital Corp. ("Cobalt 27" or the "Company") (TSXV: KBLT )(FRA: 27O ), a battery metals streaming and royalty company ...

  • CNW Group4 months ago

    Cobalt 27 Announces Results of Annual General and Special Meeting of Shareholders and Appointment of Philip Williams to the Board of Directors

    TSX Venture:  KBLT FRA:  27O TORONTO , Aug. 14, 2018 /CNW/ -  Cobalt 27 Capital Corp. ("Cobalt 27" or the "Company") (TSXV: KBLT )(FRA: 27O ) announces the voting results for the election ...

  • Cobalt Stocks Are Going to Soar: Are You Ready for the Blue Gold Rush?
    The Motley Fool4 months ago

    Cobalt Stocks Are Going to Soar: Are You Ready for the Blue Gold Rush?

    Cobalt is going to soar as supply struggles to keep up with demand. Here’s why you need Cobalt 27 Capital Corp. (TSXV:KBLT) in your mining portfolio.

  • Can Investors Really Gain Access to $5.127 Trillion in Global Industry With Just 2 Stocks?
    The Motley Fool5 months ago

    Can Investors Really Gain Access to $5.127 Trillion in Global Industry With Just 2 Stocks?

    Nutrien Ltd (TSX:NTR)(NYSE:NTR) and one other Canadian mining stock make up a powerful tag team for first-time investors in the TSX.

  • CNW Group5 months ago

    Cobalt 27 Appoints Martin Vydra as Head of Strategy

    TORONTO, July 12, 2018 /CNW/ - Cobalt 27 Capital Corp. ("Cobalt 27" or the "Company") (TSXV: KBLT)(FRA: 27O) is pleased to announce the appointment of Martin Vydra as Head of Strategy, effective immediately.

  • Cobalt 27 Capital Corp. (TSXV:KBLT) Is a Potentially Explosive Electric Car Stock
    The Motley Fool5 months ago

    Cobalt 27 Capital Corp. (TSXV:KBLT) Is a Potentially Explosive Electric Car Stock

    While precious metals stocks begin to get pricey the world over, Cobalt 27 Capital Corp. (TSXV:KBLT) is a strong and undervalued EV market pick.

  • ACCESSWIRE5 months ago

    Scotiabank and National Bank Reiterate Outperform Rating on Cobalt 27; Canaccord Raises Price Target to C$22.50

    The new research reports come on the heels of Cobalt 27's acquisition of a 32.6% cobalt stream on the world-class Voisey's Bay mine. Scotiabank analyst Michael Doumet views the Voisey's Bay transaction as favourable and says that shares of Cobalt 27 remain clearly undervalued and quite cheap at these levels: "The company combines a physical cobalt inventory valued at approximately US$270 million (using spot prices), a royalty portfolio valued at roughly US$50 million, and two streams that we expect to generate cash flows of ~US$100 million per year (when combined, starting 2021). Netting out the physical inventory (assuming debt repayment as well), the share price effectively attributes approximately US$430 million to the steams." Scotiabank has a sector outperform rating and 1-year price target of C$15.00 on the stock.

  • Cobalt 27 Closes Acquisition of US$300 Million Cobalt Stream on Vale's Voisey's Bay Mine
    CNW Group5 months ago

    Cobalt 27 Closes Acquisition of US$300 Million Cobalt Stream on Vale's Voisey's Bay Mine

    /NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES / TSX Venture:  KBLT FRA:  27O 32.6% Cobalt Stream to deliver approximately 1.9 million pounds of cobalt ...

  • CNW Group5 months ago

    Pala Completes Further Investment in Cobalt 27

    TORONTO, June 28, 2018 /CNW/ - Pala Investments Limited ("Pala"), a multi-strategy investment company focused on the mining and metals value chain, is pleased to announce the closing of its further investment in Cobalt 27 Capital Corp. (TSXV:KBLT.V - News) ("Cobalt 27") in connection with Cobalt 27's bought deal (the "Offering") of 30,800,000 common shares in the capital of Cobalt 27 ("Common Shares") on June 27, 2018. Pursuant to the Offering, Pala acquired 873,762 Common Shares for aggregate cash consideration of $8,519,179.50.

  • CNW Group6 months ago

    Cobalt 27 Closes C$300 Million Bought Deal Offering of Common Shares

    /NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES / TSX Venture:  KBLT FRA:  27O TORONTO , June 27, 2018 /CNW/ -  Cobalt 27 Capital Corp. ("Cobalt ...

  • CNW Group6 months ago

    IIROC Trading Resumption - KBLT

    VANCOUVER , June 11, 2018 /CNW/ - Trading resumes in: Company: COBALT 27 CAPITAL CORP TSX-Venture Symbol: KBLT Resumption (ET): 08:00 AM June 12, 2018 IIROC can make a decision to impose a temporary suspension ...