Comet Industries Ltd. (CVE:CMU – Get Free Report) shares traded down 7.6% during mid-day trading on Thursday . The company traded as low as C$4.25 and last traded at C$4.25. 11,200 shares traded hands during mid-day trading, an increase of 241% from the average session volume of 3,281 shares. The stock had previously closed at C$4.60.
Comet Industries Stock Performance
The stock has a market cap of C$19.85 million, a price-to-earnings ratio of 2.58 and a beta of -0.25. The company’s 50 day simple moving average is C$4.35 and its 200 day simple moving average is C$4.36. The company has a debt-to-equity ratio of 0.52, a quick ratio of 6.63 and a current ratio of 13.51.
About Comet Industries
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.
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