Comet Ridge Share Price and Company Fundamentals



Price
$0.088
Change
-0.002 (-2.222%)
52 week
0.054 - 0.105

Last traded: Today at 5:40 AM

Comet Ridge Limited, together with its subsidiaries, engages in the exploration and appraisal of coal seam gas and sandstone reserves in Eastern Australia. The company holds 100% interests in the ATP 743, ATP 744, and ATP 1015 projects located in the Galilee Basin, Queensland; and 40% interests in the ATP 1191 Mahalo project covering an area of approximately 911 square kilometers located in the Bowen Basin, Queensland, as well as holds 29.55% interest in the PEL 6, 59.09% interest in PEL 427, and 68.42% interest in PEL 428 projects covering an area of approximately 17,000 square kilometers located in the Gunnedah Basin, New South Wales. Comet Ridge Limited was incorporated in 2003 and is based in Brisbane, Australia.

Key Metrics

PE ratio

-

PB ratio

1.28

Dividend yield

Beta

1.58

Market cap

$70.01M

Enterprise value

$68.03M

Company profile

Primary activitiesOil and gas exploration in Australia
Industry / SectorOil & Gas E&P / Energy
Websitehttp://www.cometridge.com.au
Mailing address410 Queen Street Level 3 Brisbane QLD 4000 Australia
Phone / Fax61 7 3221 3661 / 61 7 3221 3668
Share registryCOMPUTERSHARE INVESTOR SERVICES PTY LIMITED

Dividends

Comet Ridge does not pay dividends.

Company Executives

As of Jul 2021, following are the company executives and directors listed on Comet Ridge.

NameTitleAgeTotal Pay
Mr. Tor McCaul B.E., M.B.A., B.E. (Hons), B.Econ, MBAMD & Director387.94k
Mr. Christopher John Patrick Pieters B.Sc., B.Sc (Hons), B.BusExec. Director38164.5k
Mr. Phil HicksChief Financial Officer
Mr. Dale Aaskow Dipl.TChief Operating Officer
Mr. Ashley Vincent EdgarGen. Mang. of Exploration & Sub-Surface
Mr. Stephen RodgersCompany Sec.

Profitability and management effectiveness

Profit margin

0.00%

Operating margin

-526,750.00%

Return on assets

-7.82%

Return on equity

-18.09%

Profitability ratios are a class of financial metrics that are used to assess a business's ability to generate earnings relative to its revenue, operating costs, balance sheet assets, and shareholders' equity over time, using data from a specific point in time.

The return on equity signifies how well the management is running the company in terms of capital management. The ideal return on equity is greater than 10%. The return on equity is calculated as net income divided by total share holders equity.

Valuation and Trading Info

The market capitalization of Comet Ridge is 70.01M and its enterprise value is 68.03M. The enterprise value to revenue ratio of COI is 34,014.53.

The COI's stocks Beta value is 1.58 making it 58% more volatile compared to ASX market index. Technology stocks and small caps tend to have higher betas than the market benchmark. This indicates that adding the stock to a portfolio will increase the portfolio’s risk, but also increase its expected return. On the other hand utility stocks often have low betas because they tend to move more slowly than market averages.

Companies similar to Comet Ridge (COI)

Comet Ridge (ASX:COI) Frequently Asked Questions

1. What is Comet Ridge's Stock Symbol?

Comet Ridge trades on ASX under the ticker symbol "COI".

2. What is Comet Ridge's stock price today?

One share of COI stock can currently be purchased for approximately $0.088.

3. How can I contact Comet Ridge?

Comet Ridge's mailing address is 410 Queen Street Level 3 Brisbane QLD 4000 Australia. The company can be reached via phone at 61 7 3221 3661.

4. What is Comet Ridge's official website?

The official website of Comet Ridge is http://www.cometridge.com.au.

5. Which share registry manages Comet Ridge's stock?

Comet Ridge's stock is managed by COMPUTERSHARE INVESTOR SERVICES PTY LIMITED.