Sentiment in battery metals (see lithium stocks as of late) is really starting to pick up now as EV/battery demand previously hyped back in 2017/2018 is actually coming to fruition. See below EV sales statistics from JP Morgan yesterday. Global EV penetration last month was almost 12% with 1 out of 5 new car sales in Germany, France, Spain, Italy and the UK being EVs. Only a matter of time until the market turns it attention to cobalt once its done its thing with lithium.
COB at these levels is crazy cheap given they are cashed up ($8m) and well placed to take advantage of the upturn in sentiment with a tiny market cap of $23m or $15m EV.
Chart is also primed as it has been coiling like a spring for the past 18 months so would not be surprised to see a sustained breakout soon.
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Last
7.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $29.99M |
Open | High | Low | Value | Volume |
7.2¢ | 7.2¢ | 7.1¢ | $18.90K | 262.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
7 | 207838 | 7.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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7.2¢ | 20000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
7 | 207838 | 0.071 |
5 | 84535 | 0.070 |
1 | 7990 | 0.069 |
5 | 205380 | 0.068 |
1 | 2500 | 0.067 |
Price($) | Vol. | No. |
---|---|---|
0.072 | 20000 | 1 |
0.074 | 9582 | 1 |
0.075 | 130942 | 4 |
0.076 | 44616 | 4 |
0.079 | 50000 | 1 |
Last trade - 14.21pm 07/08/2024 (20 minute delay) ? |
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