Separately, TD Securities cut their price target on shares of Ecobalt Solutions from C$2.25 to C$1.35 and set a speculative buy rating for the company in a report on Friday, September 14th.
Ecobalt Solutions stock opened at C$0.55 on Tuesday. Ecobalt Solutions has a 1-year low of C$0.45 and a 1-year high of C$1.98.
Ecobalt Solutions (TSE:ECS) last released its quarterly earnings data on Tuesday, November 13th. The company reported C($0.01) earnings per share for the quarter. On average, research analysts forecast that Ecobalt Solutions will post -0.01 EPS for the current fiscal year.
About Ecobalt Solutions
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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