Could Comet Industries Ltd Decline After Today’s Huge Increase?


The stock of Comet Industries Ltd (CVE:CMU) is a huge mover today! About 25,500 shares traded hands or 10659.49% up from the average. Comet Industries Ltd (CVE:CMU) has risen 6.00% since August 14, 2016 and is uptrending. It has underperformed by 10.49% the S&P500.
The move comes after 8 months positive chart setup for the $12.13M company. It was reported on Sep, 13 by We have $4.48 PT which if reached, will make CVE:CMU worth $7.64 million more.

Comet Industries Ltd. is an exploration-stage company. The company has a market cap of $12.13 million. The Firm is engaged in the business of acquiring, holding mineral properties, and holding and managing real properties, all in British Columbia. It has a 68.75 P/E ratio. The Company’s divisions include rental, exploration and general/administration.

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