Comet Industries (CVE:CMU) Stock Price Up 1.3% – Here’s What Happened

Comet Industries Ltd. (CVE:CMUGet Free Report)’s share price rose 1.3% during mid-day trading on Thursday . The stock traded as high as C$4.05 and last traded at C$4.05. Approximately 10,000 shares were traded during trading, a decline of 0% from the average daily volume of 10,003 shares. The stock had previously closed at C$4.00.

Comet Industries Trading Up 1.3 %

The firm has a market capitalization of C$18.91 million, a price-to-earnings ratio of 2.45 and a beta of -0.25. The company has a current ratio of 13.51, a quick ratio of 6.63 and a debt-to-equity ratio of 0.52. The company has a fifty day moving average price of C$4.26 and a 200-day moving average price of C$4.26.

About Comet Industries

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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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