Komet Resources (CVE:KMT) Hits New 52-Week High at $0.17

Shares of Komet Resources Inc (CVE:KMT) reached a new 52-week high during mid-day trading on Tuesday . The stock traded as high as C$0.17 and last traded at C$0.17, with a volume of 2000 shares traded. The stock had previously closed at C$0.15.

The firm has a 50 day simple moving average of C$0.10 and a 200-day simple moving average of C$0.09. The company has a debt-to-equity ratio of 65.23, a current ratio of 0.78 and a quick ratio of 0.07. The company has a market cap of $10.29 million and a price-to-earnings ratio of -2.69.

Komet Resources Company Profile (CVE:KMT)

Komet Resources Inc, through its subsidiaries, engages in the acquisition, exploration, and development of mining properties in West Africa. The company owns a 100% interest in the Guiro-Diouga gold mining property located in northern Burkina Faso; and the Dabia South permit that covers 35 square kilometers located in the gold-mining camp of Kéniéba, Republic of Mali.

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