Comet Resources Share Price and Company Fundamentals



Price
$0.02
Change
0.000 (0.000%)
52 week
0.018 - 0.03

Last traded: 01/25/2022

Comet Resources Limited operates as a mineral exploration company in Australia and Mexico. The company holds a 50% interest in the Santa Teresa gold project that consists of two mineral claims covering an area of 202 hectares located in the El Alamo district, Baja California, Mexico. It also holds a 100% interest in the Barraba copper project covering an area of 2,375 hectares located near the town of Barraba; and a 100% interest in the Springdale Graphite project comprising two tenements located in south western Australia. The company was incorporated in 1993 and is based in Subiaco, Australia.

Key Metrics

PE ratio

-

PB ratio

8.70

Dividend yield

0.00%

Beta

1.45

Market cap

-

Enterprise value

-

Company profile

Primary activitiesMineral Exploration
Industry / SectorOther Industrial Metals & Mining / Basic Materials
Websitehttps://www.cometres.com.au
Mailing address330 Churchill Avenue Suite 9 Subiaco WA 6008 Australia
Phone / Fax61 8 6489 1600 / 61 8 6489 1601
Share registryAUTOMIC REGISTRY SERVICES

Annual reports

Published onReport
30 Sep 2022Annual Report to shareholders

Dividends

More: Comet Resources Dividend history, yield and payout ratio

Dividend yield

0.00%

Dividend amount

$0.00

Payout ratio

0.00%

Comet Resources paid $0.00 dividend and the ex-dividend date was 25 June 2001.The dividend payout ratio is 0.00%. The dividend payout ratio is defined as the amout of dividend paid divided by the earnings of the company.CRL dividend payout ratio is less than 70. This is ideal as it gives company room to grow the dividends and also the excess earnings can be invested in company for growth.

CRL's forward dividend amount is $ and the forward dividend yield is . A forward dividend yield is the percentage of a company's current stock price that it expects to pay out as dividends over a certain time period, generally 12 months. Forward dividend yields are generally used in circumstances where the yield is predictable based on past instances. If not, trailing yields, which indicate the same value over the previous 12 months, are used.

Company Executives

As of Oct 2022, following are the company executives and directors listed on Comet Resources.

NameTitleAgeTotal Pay
Mr. Matthew O'Kane CPA, M.B.A.MD & Exec. Director279.9k
Mr. Sonu Cheema C.P.A.Company Sec. & CFO37

Profitability and management effectiveness

Profit margin

0.00%

Operating margin

0.00%

Return on assets

-16.65%

Return on equity

8.91%

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 Resources is and its enterprise value is .

The CRL's stocks Beta value is 1.45 making it 45% 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 Resources (CRL)

Comet Resources (ASX:CRL) Frequently Asked Questions

1. What is Comet Resources's Stock Symbol?

Comet Resources trades on ASX under the ticker symbol "CRL".

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

One share of CRL stock can currently be purchased for approximately $0.02.

3. How can I contact Comet Resources?

Comet Resources's mailing address is 330 Churchill Avenue Suite 9 Subiaco WA 6008 Australia. The company can be reached via phone at 61 8 6489 1600.

4. What is Comet Resources's official website?

The official website of Comet Resources is https://www.cometres.com.au.

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

Comet Resources's stock is managed by AUTOMIC REGISTRY SERVICES.