Comet Industries Ltd. (CVE:CMU – Get Free Report)’s share price was down 9.1% during trading on Tuesday. The company traded as low as C$5.00 and last traded at C$5.00. 200 shares changed hands during trading, a decline of 95% from the average daily volume of 3,966 shares. The stock had previously closed at C$5.50.
Comet Industries Price Performance
The company’s 50-day simple moving average is C$5.48 and its two-hundred day simple moving average is C$5.73. The firm has a market capitalization of C$23.98 million, a P/E ratio of -45.45 and a beta of -0.15. The company has a debt-to-equity ratio of 17.39, a current ratio of 1.42 and a quick ratio of 6.63.
Comet Industries Company Profile
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. In addition, the company holds, and rents land and a commercial building located at the corner of Carrall and Powell Streets in the Gastown area of Vancouver, Canada.
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