Jervois Global Limited (OTCMKTS:JRVMF – Get Rating) was up 5.4% during mid-day trading on Tuesday . The company traded as high as $0.38 and last traded at $0.38. Approximately 230,888 shares changed hands during trading, a decline of 32% from the average daily volume of 341,027 shares. The stock had previously closed at $0.36.
Separately, Canaccord Genuity Group upgraded shares of Jervois Global to a “buy” rating and lifted their price objective for the company from 1.00 to 1.10 in a report on Tuesday, May 31st.
The business’s fifty day moving average price is $0.56 and its 200-day moving average price is $0.53.
Jervois Global Limited explores for and evaluates mineral properties in the United States, Brazil, Finland, Australia, and internationally. The company explores for cobalt, nickel, copper, and gold deposits. It holds 100% interest in the Idaho Cobalt Operations project located in the state of Idaho; and the Nico Young nickel-cobalt deposits in New South Wales.
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