Cobalt Blockchain Inc. operates as a mineral exploration and development company in the Democratic Republic of the Congo. More Details
+ 1 more risk
Adequate balance sheet with weak fundamentals.
Share Price & News
How has Cobalt Blockchain's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: COBC is more volatile than 75% of Canadian stocks over the past 3 months, typically moving +/- 18% a week.
Volatility Over Time: COBC's weekly volatility (18%) has been stable over the past year, but is still higher than 75% of Canadian stocks.
7 Day Return
CA Metals and Mining
1 Year Return
CA Metals and Mining
Return vs Industry: COBC exceeded the Canadian Metals and Mining industry which returned 20.8% over the past year.
Return vs Market: COBC exceeded the Canadian Market which returned 38.7% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Cobalt Blockchain's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 months ago | Simply Wall StAre Insiders Buying Cobalt Blockchain Inc. (CVE:COBC) Stock?
8 months ago | Simply Wall StHave Insiders Been Buying Cobalt Blockchain Inc. (CVE:COBC) Shares This Year?
1 year ago | Simply Wall StCan We See Significant Insider Ownership On The Cobalt Blockchain Inc. (CVE:COBC) Share Register?
Is Cobalt Blockchain undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate COBC's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate COBC's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: COBC is unprofitable, so we can't compare its PE Ratio to the Canadian Metals and Mining industry average.
PE vs Market: COBC is unprofitable, so we can't compare its PE Ratio to the Canadian market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate COBC's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: COBC is overvalued based on its PB Ratio (234.7x) compared to the CA Metals and Mining industry average (2.9x).
How is Cobalt Blockchain forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Materials industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Cobalt Blockchain has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
How has Cobalt Blockchain performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: COBC is currently unprofitable.
Growing Profit Margin: COBC is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: COBC is unprofitable, and losses have increased over the past 5 years at a rate of 7.4% per year.
Accelerating Growth: Unable to compare COBC's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: COBC is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (85.4%).
Return on Equity
High ROE: COBC has a negative Return on Equity (-738.31%), as it is currently unprofitable.
How is Cobalt Blockchain's financial position?
Financial Position Analysis
Short Term Liabilities: COBC's short term assets (CA$886.8K) exceed its short term liabilities (CA$859.8K).
Long Term Liabilities: COBC's short term assets (CA$886.8K) exceed its long term liabilities (CA$47.4K).
Debt to Equity History and Analysis
Debt Level: COBC is debt free.
Reducing Debt: COBC currently has no debt however we can't compare to 5 years ago as we have no data for that period.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: COBC has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: COBC has less than a year of cash runway if free cash flow continues to reduce at historical rates of 17.6% each year
What is Cobalt Blockchain current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate COBC's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate COBC's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if COBC's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if COBC's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of COBC's dividend in 3 years as they are not forecast to pay a notable one for the Canadian market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Peter Copetti (55 yo)
Mr. Peter Copetti is Executive Chairman and Chief Executive Officer of Cobalt Blockchain Inc since August 17, 2020. He served as Interim Chief Executive Officer of POET Technologies Inc. from February 10, ...
Experienced Management: COBC's management team is considered experienced (3.1 years average tenure).
Experienced Board: COBC's board of directors are not considered experienced ( 0.5 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 24%.
Cobalt Blockchain Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Cobalt Blockchain Inc.
- Ticker: COBC
- Exchange: TSXV
- Founded: NaN
- Industry: Diversified Metals and Mining
- Sector: Materials
- Market Cap: CA$14.118m
- Shares outstanding: 217.20m
- Website: https://www.cobaltblockchain.net
- Cobalt Blockchain Inc.
- 141 Adelaide Street West
- Suite 340
- M5H 3L5
Cobalt Blockchain Inc. operates as a mineral exploration and development company in the Democratic Republic of the Congo. The company primarily explores for and trades in cobalt, copper, tin, tantalum, and...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/05/13 04:27|
|End of Day Share Price||2021/05/12 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.