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$0.08
- Day Range
- A$0.08–0.08
- 52-Week Range
- A$0.08–0.18
- Bid/Ask
- A$0.08 / A$0.08
- Shares Outstanding
- 1.68B
- Market Cap
- A$137.68M
- Volume/Avg
- 451,543 / 3M
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 an Australian energy company focused on the development of natural gas for the supply-constrained east coast Australian market. It has tenement interests and a suite of prospective projects in Queensland. The company's flagship Mahalo Gas Hub area (Mahalo Gas Project) consists of high-quality natural gas resources with low CO2 and competitive production costs. The Mahalo Gas Hub contains gross 2P (Reserves) and 2C (Contingent Resources) of 676 Petajoules close to the Gladstone LNG export and domestic market precinct, as well as gas transport infrastructure. Additionally, the company also holds various permits in the eastern part of the Galilee Basin, and an exploration licence (PEL 427), in the northern Gunnedah Basin, New South Wales.
- 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 | 0.93 |
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