Ecobalt analysts viewThe cobalt market has dropped since last September 2018 but the Ecobalt project is even more develped Here is a look at the analysts review of our project back then. It is even more valuable now that it is more developed with more assets invested than 9 months ago.
By comparison the Jervois stock price was 33 1/2 cents Australian on September 4 now it is 24 cents - about 1/3 lower in its own currency so both stocks are down and Ecobalt fell farther. I think that gives it a larger upside when it comes than Jervois could if nothing else had changed.. This article below is from https://www.analystratings.com/articles/canaccord-genuity-thinks-ecobalt-solutions-stock-is-going-to-recover/
eCobalt Solutions (TSX: ECS), the Materials sector company, was revisited by a Wall Street analyst yesterday. Analyst Eric Zaunscherb from Canaccord Genuity reiterated a Buy rating, with a C$0.90 price target. Zaunscherb has an average return of 24.5% when recommending eCobalt Solutions.
According to TipRanks.com, Zaunscherb is ranked #213 out of 4872 analysts.
eCobalt Solutions has an analyst consensus of Moderate Buy, with a price target consensus of C$1.58.
eCobalt Solutions’ market cap is currently C$121.6M and has a P/E ratio of 0. The company has a Price to Book ratio of 1.13.
eCobalt Solutions, Inc. is a mineral exploration and mine development company. It engages in the business of exploring mineral properties in Canada, the United States and Mexico. The firm holds interest in Idaho Cobalt project.
The company’s shares closed on Wednesday at C$0.76, close to its 52-week low of C$0.54.