Comet Industries (CVE:CMU) Reaches New 1-Year High at $3.50

Comet Industries Ltd (CVE:CMU)’s share price reached a new 52-week high during trading on Thursday . The company traded as high as C$3.50 and last traded at C$3.50, with a volume of 28500 shares traded. The stock had previously closed at C$2.75.

The company has a debt-to-equity ratio of 85.57, a quick ratio of 0.25 and a current ratio of 0.36. The firm has a market cap of $12.13 million and a price-to-earnings ratio of 211.54. The stock has a fifty day moving average price of C$3.08.

About Comet Industries (CVE:CMU)

Comet Industries Ltd. acquires, holds, manages, and rents land and a commercial building located at the corner of Carrall and Powell Streets in the Gastown area of Vancouver, Canada. The company holds a 40% working interest in the Iron Mask property with five crown granted mineral claims covering approximately 76.9 hectares located in Kamloops, British Columbia.

See Also: How does quantitative easing work?

Receive News & Ratings for Comet Industries Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Comet Industries and related companies with MarketBeat.com's FREE daily email newsletter.