Comet Industries (CVE:CMU) Shares Up 2.3% – Here’s What Happened

Comet Industries Ltd. (CVE:CMUGet Free Report)’s share price rose 2.3% during trading on Tuesday . The stock traded as high as C$4.40 and last traded at C$4.40. Approximately 2,000 shares traded hands during trading, a decline of 37% from the average daily volume of 3,166 shares. The stock had previously closed at C$4.30.

Comet Industries Price Performance

The firm has a fifty day moving average of C$4.30 and a two-hundred day moving average of C$4.30. The stock has a market capitalization of C$20.55 million, a P/E ratio of 2.67 and a beta of -0.25. The company has a debt-to-equity ratio of 0.52, a current ratio of 13.51 and a quick ratio of 6.63.

Comet Industries Company Profile

(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.

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