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
8.3¢ |
Change
-0.001(1.19%) |
Mkt cap ! $35.06M |
Open | High | Low | Value | Volume |
8.2¢ | 8.8¢ | 8.2¢ | $26.88K | 315.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 219999 | 8.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
8.8¢ | 62861 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 219999 | 0.083 |
2 | 201402 | 0.082 |
5 | 160250 | 0.080 |
1 | 100000 | 0.079 |
3 | 91410 | 0.078 |
Price($) | Vol. | No. |
---|---|---|
0.088 | 62861 | 2 |
0.090 | 169105 | 1 |
0.091 | 70000 | 1 |
0.092 | 50870 | 2 |
0.093 | 47442 | 1 |
Last trade - 16.10pm 14/10/2024 (20 minute delay) ? |
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