Comet Resources Share Price and Company Fundamentals



Price
$0.021
Change
0.001 (5.000%)
52 week
0.016 - 0.033

Last traded: Today at 6:10 AM

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 situated near the town of Barraba; and 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

3.50

Dividend yield

Beta

2.18

Market cap

$14.52M

Enterprise value

$9.87M

Company profile

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

Dividends

Comet Resources does not pay dividends.

Company Executives

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

NameTitleAgeTotal Pay
Mr. Matthew O'KaneMD & Exec. Director233.98k
Mr. Sonu Cheema CPACompany Sec. & CFO36

Profitability and management effectiveness

Profit margin

0.00%

Operating margin

0.00%

Return on assets

-99.49%

Return on equity

-123.18%

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 14.52M and its enterprise value is 9.87M.

The CRL's stocks Beta value is 2.18 making it 118% 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 $0.021.

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 http://www.cometres.com.au.

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

Comet Resources's stock is managed by ADVANCED SHARE REGISTRY SERVICES.