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CVE:FCC

First Cobalt (FCC.V)

0.31
-0.01 (1.61%)
as of Dec 6, 2021, 8:59:58 pm Market Open.
11 watching
0
DON'T BUY
Cobalt is attractive but this is not a cheap producer, because they're in Canada and not Russia or Congo.
COMMENT
Cobalt is a partner commodity in the production of lithium batteries. Earnings are expected to be negative in 2019. Cobalt prices have risen sharply, causing manufacturers to find a way to move away from using it -- nickle may replace it (as an aside Sherritt could be a potential benefactor of this). He would consider selling FCC-V in favour of XBC-V (who focuses on garbage dump gas extraction).
COMMENT

He doesn’t know their financials. The company is trying to revive a historic mining area in Ontario. This type of work takes a lot of money and might require First Cobalt to issue more shares, driving down the price. Alternatively, they might take on a lot of debt, which carries its own problems. Cobalt is super-hot right now, so people have to be wary of these companies.

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First Cobalt (FCC.V) Frequently Asked Questions

What is First Cobalt stock symbol?

First Cobalt is a Canadian stock, trading under the symbol FCC.V (previously FCC-X on Stockchase) on the TSX Venture Exchange (FCC-CV). It is usually referred to as TSXV:FCC or FCC.V

Is First Cobalt a buy or a sell?

In the last year, no analyst issued a Buy, Sell, or Hold rating on FCC.V (previously FCC-X on Stockchase) on Stockchase. Read the latest expert commentary for First Cobalt.

Is First Cobalt a good investment or a top pick?

First Cobalt was never recommended as a Top Pick on Stockchase. Read the latest stock experts ratings for First Cobalt.

Why is First Cobalt stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts' recommendations for First Cobalt.

Is First Cobalt worth watching?

First Cobalt is followed by 11 investors on Stockchase and is a trending stock that is worth watching.

What is First Cobalt stock price?

On 2021-12-06, First Cobalt (FCC.V) stock closed at a price of $0.31.