Insider Buying: Cobalt Blue Holdings Ltd (COB) Insider Acquires 91,500 Shares of Stock

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Cobalt Blue Holdings Ltd (ASX:COB) insider Josef Kaderavek bought 91,500 shares of the business’s stock in a transaction on Thursday, November 1st. The stock was bought at an average cost of A$0.22 ($0.16) per share, for a total transaction of A$20,130.00 ($14,276.60).

Shares of Cobalt Blue stock opened at A$0.24 ($0.17) on Friday. Cobalt Blue Holdings Ltd has a 1 year low of A$0.14 ($0.10) and a 1 year high of A$1.01 ($0.72). The company has a debt-to-equity ratio of 3.43, a quick ratio of 12.61 and a current ratio of 12.75.

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About Cobalt Blue

Cobalt Blue Holdings Limited engages in the development and commercialization of cobalt deposits. It holds 70% interest in the Thackaringa project that covers an area of approximately 63 square kilometers located in the Broken Hill, New South Wales. The company was incorporated in 2016 and is based in North Sydney, Australia.

Further Reading: What are Closed-End Mutual Funds?

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