Comet Industries (CVE:CMU) Reaches New 1-Year Low – What’s Next?

Comet Industries Ltd. (CVE:CMUGet Free Report) shares hit a new 52-week low on Thursday . The stock traded as low as C$4.00 and last traded at C$4.00, with a volume of 10009 shares trading hands. The stock had previously closed at C$4.25.

Comet Industries Trading Down 5.9 %

The company has a market cap of C$18.68 million, a price-to-earnings ratio of 2.42 and a beta of -0.25. The company has a current ratio of 13.51, a quick ratio of 6.63 and a debt-to-equity ratio of 0.52. The business’s 50 day moving average price is C$4.35 and its 200-day moving average price is C$4.33.

Comet Industries Company Profile

(Get Free Report)

Comet Industries Ltd. holds and manages real estate properties in the British Columbia. It also acquires and develops mineral properties. The company holds a 40% working interest in the Iron Mask property located in southwest Kamloops, British Columbia. It also owns a 10% carried net profit interest in a contiguous block of mineral properties; and the surface land titles comprising the crown grants located in Kamloops, British Columbia.

Featured Articles

Receive News & Ratings for Comet Industries Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Comet Industries and related companies with MarketBeat.com's FREE daily email newsletter.