Ecobalt Solutions (ECS) PT Lowered to C$0.90

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Ecobalt Solutions (TSE:ECS) had its target price lowered by equities researchers at Canaccord Genuity from C$1.80 to C$0.90 in a research note issued on Thursday. Canaccord Genuity’s price objective indicates a potential upside of 25.00% from the stock’s current price.

Shares of TSE ECS traded down C$0.04 during midday trading on Thursday, hitting C$0.72. 72,906 shares of the stock traded hands, compared to its average volume of 597,462. Ecobalt Solutions has a one year low of C$0.54 and a one year high of C$2.10.

Ecobalt Solutions Company Profile

eCobalt Solutions Inc engages in the exploration and development of mineral properties in Canada, the United States, and Mexico. It primarily explores for base and precious metals, and uranium, as well as copper, gold, silver, lead, and zinc deposits. The company owns 100% interest in its primary asset, the Idaho Cobalt project that includes a mine/mill site located in Lemhi County, Idaho, producing battery grade cobalt salts for rechargeable battery and renewable energy sectors.

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