Comet Industries (CVE:CMU) Shares Down 0.3% – Here’s What Happened

Comet Industries Ltd. (CVE:CMU) dropped 0.3% during mid-day trading on Thursday . The stock traded as low as C$3.60 and last traded at C$3.60. Approximately 1,000 shares changed hands during mid-day trading, a decline of 53% from the average daily volume of 2,150 shares. The stock had previously closed at C$3.61.

Comet Industries Trading Down 0.3%

The firm’s 50-day moving average is C$3.87 and its two-hundred day moving average is C$4.07. The stock has a market cap of C$16.80 million, a price-to-earnings ratio of -24.00 and a beta of -0.74.

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.