Coniagas Battery Metals Inc
A Brand New Nickel Junior Advancing a High-Grade/Shallow Resource
Published: 4/15/2024
Author: FRC Analysts
Sector: Basic Materials | Industry: Industrial Materials
Ticker Symbols:COS.V - TSX 🔹
Rating and Key Data
| Metrics | Value |
|---|---|
| Current Price | CAD $0.15 |
| Fair Value | CAD $0.52 |
| Risk | 5 |
| 52 Week Range | CAD $ |
| Shares O/S (M) | 30 |
| Market Cap. (M) | CAD $5 |
| Current Yield (%) | N/A |
| P/E (forward) | N/A |
| P/B | 4.5 |
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Report Highlights
- Coniagas Battery Metals (COS) is a brand new nickel junior, spun out from Nord Precious Metals Mining (TSXV: NTH/MCAP: $12M).
- COS is advancing its 100%-owned Graal project in Quebec. The property shows promise for hosting class 1 nickel, essential for lithium-ion batteries in electric vehicles/EVs.
- Exploration has identified mineralization over a 6 km strike length. Initial drilling has returned high values of up to 1.07% NiEq (2.26% CuEq) over 28.9 m, mostly at shallow
