Mining Penny Stocks: Albert Mining and First Cobalt Dominate the TSXV

penny stocks

Mining penny stocks are trending high on the TSXV today. Cannabis stocks are among the stocks that are top in trading, but several mining stocks are not far behind on daily trade volume. Today, we’ll take a look at Albert Mining Inc. (TSXV:AIIM) and First Cobalt (TSXV:FCC) and their latest company movements.

Mining Penny Stocks: Albert Mining Inc.

Albert Mining is a junior mining exploration company that is based out of Ottawa, Canada. The company was incorporated back in 1996 and has continually been a mining resource company with one recent name change in June of 2017.

The last company update for the junior mining stock was three days ago. The company held its annual shareholders’ meeting on October 10th, 2018 in Brossard, Quebec. At that time the company announced it has reappointed the following directors: Mr. Andre Larente, Mr. Michel Fontaine, Mr. Jacques Letendre, and Mr. Andre Audet. 

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According to Yahoo Finance, the mining penny stock is currently trading at $0.04 a share, up +$0.01 (+33.33%).

Mining Penny Stocks: First Cobalt Corp.

First Cobalt is headquartered in Toronto, Ontario, and it engages in the acquisition and exploration of resource properties. The company focuses specifically on mining cobalt in North America. 

The latest news released from the junior mining company was on October 25th. At that time, First Cobalt released a corporate video showcasing its flagship asset, the Creek Cobalt Project.

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This project is 100% owned by the company and is located in Idaho, USA. In the video, many senior leaders in the company were interviewed about the Creek Cobalt Project describing what makes the creek a unique cobalt asset.

You can view the video here.

It remains unknown at this time why the mining stock is trending on the TSXV today. According to Yahoo Finance, FCC is currently trading at $0.28 a share, up +$0.04 (+16.67%).

Featured Image: Depositphotos/© albertyurolaits