Here’s how much Cobre (ASX:CBE) has gained in last six months

September 06, 2022 12:40 PM AEST | By Khushboo Joshi

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Here’s how much Cobre (ASX:CBE) has gained in last six months — Image source: © Johnjewell | Megapixl.com

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Highlights:

Cobre Limited has witnessed a surge of 600% in last six months.

The copper developer is known for its projects in Botswana and Western Australia.

The company has been sharing several positive updates from ongoing drill programmes at its projects.

The share price of copper explorer Cobre Limited (ASX:CBE) was quoted 10.526% strong at AU$0.420 per share at 11:06 AM AEST on ASX today (6 September 2022).

The company with prospective projects in Botswana and Western Australia, has gained 180% in its share price value in last one year. On year-to-date basis, the stock CBE has surged 366.67%. In last six months, the company has gained a whopping 600% in its value and in last one month, CBE has gone up 121.05% (as of 11:10 AM AEST, 6 September 2022).

Broader benchmark index S&P/ASX 200 Materials sector (INDEXASX:XMJ) was 0.24% higher at 15,442.4 points around the same time.

Why is Cobre in news these days?

Commenting on the tenement renewal in Botswana, Martin Holland, Executive Chairman and Managing Director, Cobre said:

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