Comet Industries Ltd’s Trend Down, Especially After Today’s Weak Session

 Comet Industries Ltd's Trend Down, Especially After Today's Weak Session

The stock of Comet Industries Ltd (CVE:CMU) is a huge mover today! About 4,000 shares traded hands or 669.23% up from the average. Comet Industries Ltd (CVE:CMU) has risen 6.00% since October 12, 2016 and is uptrending. It has underperformed by 0.15% the S&P500.
The move comes after 8 months negative chart setup for the $13.74M company. It was reported on Nov, 11 by Barchart.com. We have $2.34 PT which if reached, will make CVE:CMU worth $1.37M less.

More news for Comet Industries Ltd (CVE:CMU) were recently published by: Bloomberg.com, which released: “Family Business: Saving the Remains of Britain’s Steel Industry” on June 01, 2016. Businesswire.com‘s article titled: “Supervisory Board Appoints Dr. Franz Richter as new President and Chief …” and published on August 30, 2016 is yet another important article.

Comet Industries Ltd. is an exploration-stage company. The company has a market cap of $13.74 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 83.87 P/E ratio. The Company’s divisions include rental, exploration and general/administration.

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