Comet Industries (CVE:CMU) Reaches New 1-Year High at $5.00

Shares of Comet Industries Ltd. (CVE:CMUGet Free Report) hit a new 52-week high on Tuesday . The company traded as high as C$5.00 and last traded at C$5.00, with a volume of 200 shares changing hands. The stock had previously closed at C$4.75.

Comet Industries Stock Performance

The company has a current ratio of 107.37, a quick ratio of 6.63 and a debt-to-equity ratio of 0.52. The company has a market cap of C$23.35 million, a P/E ratio of 2.50 and a beta of -0.19. The company has a 50 day moving average price of C$4.35 and a 200-day moving average price of C$4.15.

Insider Transactions at Comet Industries

In other news, Director Michael Santoro bought 6,400 shares of the company’s stock in a transaction on Thursday, June 6th. The stock was purchased at an average cost of C$4.25 per share, for a total transaction of C$27,200.00. Company insiders own 43.49% of the company’s stock.

About Comet Industries

(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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