Comet Industries (CVE:CMU) Trading Up 1.3% – Still a Buy?

Comet Industries Ltd. (CVE:CMUGet Free Report) shares shot up 1.3% on Thursday . The company traded as high as C$4.05 and last traded at C$4.05. 10,000 shares traded hands during mid-day trading, a decline of 0% from the average session volume of 10,003 shares. The stock had previously closed at C$4.00.

Comet Industries Stock Up 1.3 %

The stock’s 50 day moving average price is C$4.26 and its 200-day moving average price is C$4.26. The company has a market cap of C$18.91 million, a PE ratio of 2.45 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.

About Comet Industries

(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.

Recommended Stories

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.