Comet Industries (CVE:CMU) Director Jesus Alfonso Purchases 2,000 Shares

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

Comet Industries Trading Up 0.2%

Shares of Comet Industries stock opened at C$6.00 on Friday. The company’s 50-day moving average price is C$5.98 and its 200-day moving average price is C$4.80. The company has a current ratio of 4.89, a quick ratio of 6.63 and a debt-to-equity ratio of 16.79. 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 market cap of C$28.77 million, a price-to-earnings ratio of -50.00 and a beta of -0.36.

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.