Comet Industries Ltd. (CVE:CMU – Get Free Report) shares rose 1.3% during trading on Friday . The stock traded as high as C$4.05 and last traded at C$4.05. Approximately 10,000 shares were traded during trading, an increase of 47% from the average daily volume of 6,811 shares. The stock had previously closed at C$4.00.
Comet Industries Trading Up 1.3%
The firm has a 50 day simple moving average of C$4.21 and a 200 day simple moving average of C$4.03. The firm has a market capitalization of C$22.39 million, a PE ratio of -11.75 and a beta of -0.25.
Insider Buying and Selling at Comet Industries
In other news, Director Jesus Alfonso purchased 15,000 shares of the stock in a transaction dated Monday, July 7th. The shares were purchased at an average cost of C$4.24 per share, with a total value of C$63,600.00. 43.77% of the stock is owned by insiders.
Comet Industries Company Profile
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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