Comet Ridge Ltd COI
About Quantitative Ratings
Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.
Trading Information
- Previous Close Price
- A$0.07
- Day Range
- A$0.06–0.07
- 52-Week Range
- A$0.06–0.18
- Bid/Ask
- A$0.06 / A$0.07
- Shares Outstanding
- 1.68B
- Market Cap
- A$119.21M
- Volume/Avg
- 3M / 2M
Key Statistics
- Price/Earnings (Normalized)
- —
- Price/Sales
- —
- Dividend Yield (Trailing)
- 0.00%
- Dividend Yield (Forward)
- 0.00%
- Dividend Payment Schedule
- —
- Total Yield
- —
Company Profile
Comet Ridge Ltd is engaged in the oil and gas exploration, appraisal and development activities. It has tenement interests and a number of prospective projects in eastern Australia. It is focused on the development of natural gas for the east coast Australian market. The company's flagship Mahalo Gas Hub area consists of high-quality natural gas resources with low CO2, shallow coals and very competitive production costs. The Mahalo Gas Hub contains gross 2P (Reserves) and 2C (Contingent Resources) totalling 676 PJ (Petajoules) close to the Gladstone LNG export and domestic market precinct as well as gas transport infrastructure. It operates in a single segment of exploration and evaluation of its tenements for gas reserves.
- Sector
- Energy
- Industry
- Oil & Gas E&P
- Stock Style Box
- Small Core
- Total Number of Employees
- 2
- Website
- https://www.cometridge.com.au
Valuation
|
Metric
|
COI
|
|---|---|
Price/Earnings (Normalized) | — |
Price/Book Value | 0.81 |
Price/Sales | — |
Price/Cash Flow | — |
Price/Earnings
COI
Financial Strength
|
Metric
|
COI
|
|---|---|
Quick Ratio | 0.68 |
Current Ratio | 0.74 |
Interest Coverage | −0.69 |
Quick Ratio
COI
Profitability
|
Metric
|
COI
|
|---|---|
Return on Assets (Normalized) | −3.79% |
Return on Equity (Normalized) | −5.76% |
Return on Invested Capital (Normalized) | −2.63% |
Return on Assets
COI
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United States