Cruz Cobalt (CVE:CUZ) Stock Price Passes Below 50 Day Moving Average – Should You Sell?

Cruz Cobalt Corp (CVE:CUZGet Free Report) crossed below its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of C$0.05 and traded as low as C$0.04. Cruz Cobalt shares last traded at C$0.05, with a volume of 87,000 shares changing hands.

Cruz Cobalt Price Performance

The firm’s 50-day moving average is C$0.05 and its 200-day moving average is C$0.05. The company has a market capitalization of C$3.93 million and a P/E ratio of -2.78.

About Cruz Cobalt

(Get Free Report)

Cruz Cobalt Corp., an exploration stage company, engages in the acquisition, exploration, and evaluation of mineral properties in Canada and the United States. The company explores for cobalt and lithium properties. It holds interests in nine cobalt projects located in North America, including five in Ontario, two in British Columbia, one in Idaho, and one in Montana.

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