Canada Cobalt Works (CVE:CCW) Trading Up 9.1%

Shares of Canada Cobalt Works Inc (CVE:CCW) were up 9.1% during trading on Friday . The company traded as high as C$0.30 and last traded at C$0.30. Approximately 119,300 shares were traded during trading, a decline of 16% from the average daily volume of 142,857 shares. The stock had previously closed at C$0.28.

The company has a market cap of $22.65 million and a P/E ratio of -2.75.

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About Canada Cobalt Works (CVE:CCW)

Canada Cobalt Works Inc engages in the acquisition, evaluation, exploration, and development of mineral properties in Canada. The company primarily explores for silver and cobalt deposits. It focuses on exploring and developing the Castle mine near Gowganda; and the Beaver and Violet mines near Cobalt.

Further Reading: Cost of Equity

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