BMO Capital Markets set a C$16.00 price objective on Cobalt 27 Capital (CVE:KBLT) in a research report released on Tuesday. The brokerage currently has an outperform rating on the stock.

Other research analysts have also issued research reports about the stock. TD Securities upped their price objective on shares of Cobalt 27 Capital from C$13.00 to C$14.50 and gave the company a buy rating in a research report on Wednesday, December 20th. Scotiabank increased their price target on shares of Cobalt 27 Capital from C$12.50 to C$13.25 and gave the stock an outperform rating in a research report on Wednesday, December 20th.

Cobalt 27 Capital (CVE:KBLT) opened at C$12.45 on Tuesday. The company has a market cap of $427.62, a PE ratio of -7.46 and a beta of -1.74. Cobalt 27 Capital has a 52-week low of C$1.13 and a 52-week high of C$20.00.

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About Cobalt 27 Capital

Cobalt 27 Capital Corp. operates as a mineral resource company. The company has royalty interests in seven exploration-stage properties containing cobalt in Canada and Vietnam. The company was formerly known as Arak Resources Ltd. and changed its name to Cobalt 27 Capital Corp. in April 2017. Cobalt 27 Capital Corp.

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