Comet Industries (CVE:CMU) Reaches New 52-Week Low – What’s Next?

Shares of Comet Industries Ltd. (CVE:CMUGet Free Report) reached a new 52-week low on Monday . The stock traded as low as C$3.85 and last traded at C$3.85, with a volume of 10000 shares traded. The stock had previously closed at C$4.05.

Comet Industries Price Performance

The business has a 50 day moving average price of C$4.21 and a 200-day moving average price of C$4.26. The company has a market capitalization of C$17.98 million, a price-to-earnings ratio of 2.33 and a beta of -0.25. The company has a debt-to-equity ratio of 0.52, a quick ratio of 6.63 and a current ratio of 13.51.

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.