Cover Technologies Inc. (COVE.CN)
Cover Technologies Inc. operates in the Industrial Materials industry of the Basic Materials sector, headquartered in Vancouver, BC, CA. The stock last traded at $0.18, up 0.00% on the session, giving a market capitalisation of $7.6M. Its beta of 0.15 implies it has historically moved less than the broad market.
Cover Technologies Inc. specializes in the advancement of magnesium processing methods and solutions. The company is also creating ElectrumX, a blockchain-powered platform intended for the tracking and exchange of raw commodity minerals. This platform incorporates a spot market and supports various third-party decentralized finance (DeFi) applications. Furthermore, Cover Technologies is involved in the creation of non-fungible tokens (NFTs) and associated assets within the DeFi sector. Established in 2007, the enterprise was formerly known as Mag One Products Inc. before rebranding to Cover Technologies Inc. in October 2020. Its corporate headquarters are located in Vancouver, Canada.
Cover Technologies Inc. is most often compared with the following Basic Materials names: