Komet Resources (CVE:KMT) Trading Up 43.8%

Komet Resources Inc (CVE:KMT)’s stock price was up 43.8% during trading on Thursday . The stock traded as high as C$0.23 and last traded at C$0.23. Approximately 191,000 shares were traded during trading, an increase of 306% from the average daily volume of 47,099 shares. The stock had previously closed at C$0.16.

The stock has a market cap of $10.29 million and a P/E ratio of -4.89. The company has a fifty day moving average of C$0.14 and a 200 day moving average of C$0.10. The company has a debt-to-equity ratio of 65.23, a current ratio of 0.99 and a quick ratio of 0.06.

About Komet Resources (CVE:KMT)

Komet Resources Inc, through its subsidiaries, engages in the acquisition, exploration, and development of mining properties in West Africa. The company owns a 100% interest in the Guiro-Diouga gold mining property located in northern Burkina Faso; and the Dabia South permit that covers 35 square kilometers located in the gold-mining camp of Kéniéba, Republic of Mali.

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