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COI Stock Chart & Stats
AU$0.09
>-AU$0.01(-3.26%)
At close: 4:00 PM EDT
AU$0.09
>-AU$0.01(-3.26%)
Day’s Range― - ―
52-Week RangeAU$0.07 - AU$0.18
Previous CloseN/A
Volume2.43M
Average Volume (3M)1.78M
Market Cap
AU$125.93M
Enterprise ValueAU$89.75M
Total Cash (Recent Filing)AU$28.25M
Total Debt (Recent Filing)AU$7.93M
Price to Earnings (P/E)―
Beta0.69
Next Earnings
Mar 05, 2027EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding1,679,009,000
10 Day Avg. Volume1,131,166
30 Day Avg. Volume1,779,637
Financial Highlights & Ratios
PEG Ratio-1.58
Price to Book (P/B)1.05
Price to Sales (P/S)0.00
P/FCF Ratio-31.19
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)>-0.01
Revenue Forecast (FY)N/A
Bulls Say, Bears Say
Bulls Say
Low LeverageThe sharp reduction in debt-to-equity indicates a comparatively conservative capital structure and limits balance-sheet pressure while projects are advanced. Lower leverage can preserve financial flexibility for exploration and development spending and reduce dependence on debt funding over the next several quarters.
Substantial Equity And Asset BaseA sizable equity base and growing asset base provide Comet Ridge with resources to continue technical work and pursue development opportunities. This financial foundation offers greater capacity to absorb ongoing exploration costs and support project advancement than a highly leveraged balance sheet would.
Reduced Cash BurnThe substantial reduction in annual free-cash-flow burn is a meaningful improvement in capital consumption, even though cash flow remains negative. If maintained, lower spending pressure could extend funding capacity and give management more time to progress projects toward commercial outcomes.
Bears Say
Persistent Losses And Volatile RevenueRecurring losses and a return to zero revenue show that the company has not yet established a dependable operating revenue stream. This weak commercialization profile limits earnings visibility, makes performance dependent on project progress, and increases execution risk over the next several quarters.
Core Operations Are Not Self-fundingConsistently negative operating cash flow means the existing business does not generate enough cash to fund its operations. Continued cash deficits can require external capital, constrain the pace of exploration and development, and leave the company more exposed if project funding needs persist.
Negative Returns On EquityPersistently negative returns on equity indicate that shareholder capital has not yet produced profits, despite the company’s sizable equity base. If losses continue, capital efficiency will remain weak and the equity cushion could gradually erode, reducing long-term funding flexibility.
Comet Ridge Ltd News
COI FAQ
What was Comet Ridge Ltd’s price range in the past 12 months?
Comet Ridge Ltd lowest share price was AU$0.07 and its highest was AU$0.17 in the past 12 months.
What is Comet Ridge Ltd’s market cap?
Comet Ridge Ltd’s market cap is AU$125.93M.
When is Comet Ridge Ltd’s upcoming earnings report date?
Comet Ridge Ltd’s upcoming earnings report date is Mar 05, 2027 which is in 142 days.
How were Comet Ridge Ltd’s earnings last quarter?
Comet Ridge Ltd released its earnings results on Sep 24, 2026. The company reported -AU$0.002 earnings per share for the quarter.
Is Comet Ridge Ltd overvalued?
According to Wall Street analysts Comet Ridge Ltd’s price is currently Overvalued.
Does Comet Ridge Ltd pay dividends?
Comet Ridge Ltd does not currently pay dividends.
What is Comet Ridge Ltd’s EPS estimate?
Comet Ridge Ltd’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does Comet Ridge Ltd have?
Comet Ridge Ltd has 1,679,009,000 shares outstanding.
What happened to Comet Ridge Ltd’s price movement after its last earnings report?
Comet Ridge Ltd reported an EPS of -AU$0.002 in its last earnings report. Following the earnings report the stock price went down -4.762%.
Which hedge fund is a major shareholder of Comet Ridge Ltd?
Currently, no hedge funds are holding shares in AU:COI
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Comet Ridge Ltd Stock Smart Score
Neutral
1
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10
Blogger Sentiment
Bullish
AU:COI Sentiment 100%
Sector Average 64%
Sector Average 64%
Insider Transactions
Bought Shares
Worth AU$213.1K over
the Last 3 Months
the Last 3 Months
Technicals
SMA
Negative
20 days / 200 days
Momentum
-31.81%
12-Months-Change
Fundamentals
Return on Equity
-4.77%
Trailing 12-Months
Asset Growth
19.94%
Trailing 12-Months
Learn more about TipRanks Smart Score
Company Description
Comet Ridge Ltd
Comet Ridge Limited engages in the oil and gas exploration, appraisal, and development activities in Australia. The company’s flagship property is the Mahalo Gas Hub which consists of 2 reserves and 2 contingent resources of 676 petajoules located in southern Bowen Basin. Comet Ridge Limited was incorporated in 2003 and is based in Brisbane, Australia.
Technical Analysis
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