Comet Industries Ltd. (CVE:CMU – Get Free Report) fell 5.6% during mid-day trading on Tuesday . The company traded as low as C$4.25 and last traded at C$4.25. 100 shares traded hands during mid-day trading, a decline of 97% from the average session volume of 3,158 shares. The stock had previously closed at C$4.50.
Comet Industries Trading Down 5.6 %
The firm 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 has a 50-day moving average price of C$4.25 and a 200 day moving average price of C$4.32. The company has a quick ratio of 6.63, a current ratio of 13.51 and a debt-to-equity ratio of 0.52.
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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