Jesus Alfonso Acquires 2,000 Shares of Comet Industries (CVE:CMU) Stock

Comet Industries Ltd. (CVE:CMU) Director Jesus Alfonso bought 2,000 shares of the business’s stock in a transaction on Thursday, July 2nd. The shares were purchased at an average cost of C$6.00 per share, for a total transaction of C$12,000.00. Following the completion of the purchase, the director owned 215,800 shares in the company, valued at approximately C$1,294,800. This trade represents a 0.94% increase in their ownership of the stock.

Comet Industries Price Performance

CMU opened at C$6.00 on Friday. The stock has a fifty day moving average of C$5.97 and a 200-day moving average of C$4.81. The firm has a market capitalization of C$28.77 million, a P/E ratio of -50.00 and a beta of -0.36. Comet Industries Ltd. has a 12-month low of C$3.40 and a 12-month high of C$6.35. The company has a quick ratio of 6.63, a current ratio of 4.89 and a debt-to-equity ratio of 16.79.

About Comet Industries

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. In addition, the company holds, and rents land and a commercial building located at the corner of Carrall and Powell Streets in the Gastown area of Vancouver, Canada.