| |||
![]() |
Eric Zaunscherb, Canaccord Genuity
(3/15/18)
"We are increasing our target price to CA$16.50 from CA$15 while maintaining our Speculative Buy rating on Cobalt 27 Capital Corp. . .the market remains focused on the company's delivery of a significant streaming deal. There are several potential large producer cobalt streams on the table."
|
||
|
|||
MacMurray Whale, Cormark Securities
(3/14/18)
"Last week, Cobalt 27 Capital Corp. completed a $200M private placement, for which we served as a member of the underwriting syndicate. . .with the research restriction period ended, we are resuming coverage on the company, maintaining our $16.30 target and Buy recommendation. . .we expect Cobalt 27 will conclude a streaming deal, which could add material value to the stock."
|
|||
|
|||
Craig Hutchison, TD Securities
(3/12/18)
"We are resuming coverage of Cobalt 27 Capital Corp. following the closing of its $200M equity private placement. . .following the equity financing, we now estimate that the company has ~$206M in cash to fund potential growth through acquisitions of physical cobalt, royalties and/or streams. . .our Buy rating and $17 target price remain unchanged."
|
|||
|
|||
Jonathan Guy, Numis
(3/12/18)
"Cobalt 27 Capital Corp. has raised CA$200M through the issue of 17.56M shares at a price of CA$11.40. . .this material strengthening of the balance sheet should make it easier for the company to bid for streams and royalties, as counterparties will know that the company has the capacity to fund transactions. We expect Cobalt 27 to principally target assets where cobalt is produced as a byproduct of nickel mining."
|
|||
|
|||
![]() |
Rupert Merer, National Bank of Canada
(3/12/18)
"Cobalt 27 Capital Corp. closed a $185M private placement offering. The company has agreed on terms for a private placement of common shares with a group of investors; it issued 16.2M shares at $11.40/share (15% discount to prior closing price)."
|
||
|
|||
![]() |
Eric Zaunscherb, Canaccord Genuity
(3/12/18)
"We increase our Cobalt 27 Capital Corp. target price to CA$15 from CA$14 to reflect the $200M equity issue just completed in anticipation of a potential acquisition of a cobalt streaming deal. . .the company's strengthening balance sheet, underpinned by physical cobalt, in our view enhances the likelihood that Cobalt 27 may participate in a streaming arrangement in the near term."
|
||
|
|||
| |||
| |||
| |||
|
Michael Doumet, Equity Analyst – Scotiabank, Scotia Capital Inc. | |
![]() |
Colin Healey, Analyst – Haywood Securities |
Craig Hutchison, Analyst – TD Securities | |
Carey MacRury, Equity Analyst – TD Securities | |
![]() |
Rupert Merer – National Bank Financial |
Andrew Mikitchook, Analyst – M Partners | |
Anoop Prihar, Director, Special Situations Analyst – GMP Securities | |
![]() |
David Talbot, Vice President, Senior Analyst – Eight Capital |
MacMurray Whale, Analyst – Cormark Securities | |
![]() |
Eric Zaunscherb, Analyst – Canaccord Genuity |
The information provided above is from analysts, newsletters, the company and other contributors.
Cobalt 27 Capital Corp. is a sponsor of Streetwise Reports. The company's sponsorship fees pay for Streetwise Reports to create and update this "Investor Summary Page," to which links are placed on Streetwise Reports' websites and newsletters. Streetwise Reports does not accept stock for the payment of fees. See disclaimer for more details.
The company description, investing highlights and catalyst calendar on this page were prepared by the company. The Expert Comments and Experts Following This Company sections of this page are compiled by Streetwise Reports. There may be other information about the company that is not placed on this page. Streetwise Reports does not guarantee the accuracy or thoroughness of the information contained on this page.
The Expert Opinions above are excerpted from third-party sources not affiliated with or controlled by Streetwise Reports. The statements or opinions expressed in the Expert Opinions above are those of the authors indicated, and Streetwise Reports has not verified the accuracy of material excerpted here.
Streetwise Reports does not provide investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security.Streetwise Reports does not endorse or recommend the business, products, services or securities of any company mentioned on Streetwise Reports.
Readers should conduct their own research for all information publicly available concerning the company.
One of the only companies providing pure-play exposure to cobalt | |
Business model minimizes the risks in cobalt investments while maximizing upside | |
Cobalt 27 shares are underpinned by its substantial holdings of physical cobalt |