Shares of Comet Industries Ltd. (CVE:CMU – Get Free Report) fell 9.8% on Wednesday . The stock traded as low as C$3.61 and last traded at C$3.61. 100 shares were traded during mid-day trading, a decline of 97% from the average session volume of 3,300 shares. The stock had previously closed at C$4.00.
Comet Industries Trading Down 9.8%
The stock has a market cap of C$17.31 million, a PE ratio of -24.07 and a beta of -0.74. The company’s 50 day moving average is C$4.15 and its 200-day moving average is C$4.14.
Comet Industries Company Profile
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.
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