Comet Industries (CVE:CMU) Shares Down 1.3%

Comet Industries Ltd. (CVE:CMUGet Rating) shares were down 1.3% during mid-day trading on Friday . The stock traded as low as C$3.95 and last traded at C$3.95. Approximately 1,500 shares traded hands during mid-day trading, a decline of 34% from the average daily volume of 2,283 shares. The stock had previously closed at C$4.00.

Comet Industries Price Performance

The company has a debt-to-equity ratio of 40.27, a quick ratio of 4.45 and a current ratio of 4.60. The company has a 50-day moving average of C$3.89 and a 200-day moving average of C$3.38. The firm has a market capitalization of C$18.43 million and a price-to-earnings ratio of 49.38.

Comet Industries Company Profile

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Comet Industries Ltd. holds and manages real estate properties in British Columbia. It also acquires and holds mineral properties. The company holds a 40% working interest in the Iron Mask property with five crown granted mineral claims covering an area of approximately 76.9 hectares located in Kamloops, British Columbia.

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