Comet Industries (CVE:CMU) Trading 2.3% Higher – Here’s What Happened

Comet Industries Ltd. (CVE:CMUGet Free Report) shares rose 2.3% on Tuesday . The stock traded as high as C$4.40 and last traded at C$4.40. Approximately 2,000 shares changed hands during mid-day 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 Trading Up 2.3 %

The company has a quick ratio of 6.63, a current ratio of 13.51 and a debt-to-equity ratio of 0.52. The stock’s 50 day moving average is C$4.30 and its 200-day moving average is C$4.30. The company has a market cap of C$20.55 million, a PE ratio of 2.67 and a beta of -0.25.

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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