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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$0.06 - AU$0.18
Previous CloseN/A
Volume2.43M
Average Volume (3M)1.90M
Market Cap
AU$110.81M
Enterprise ValueAU$89.75M
Total Cash (Recent Filing)AU$28.25M
Total Debt (Recent Filing)AU$7.93M
Price to Earnings (P/E)―
Beta0.66
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. Volume1,685,433
30 Day Avg. Volume1,901,082
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 Leverage And Equity BaseLow leverage and a substantial equity base provide Comet Ridge with greater financial flexibility than a highly indebted exploration company. This can support continued technical work and development planning while reducing balance-sheet pressure during the period before gas projects generate commercial returns.
Growing Asset BaseGrowth in the asset base indicates that the company has accumulated resources to support its exploration and development strategy. Combined with low leverage, this provides a stronger platform for advancing Queensland gas projects and potentially creating value through future production or transactions.
Focused Natural Gas StrategyA defined focus on Queensland natural gas gives Comet Ridge a clear operating direction rather than a broad, unfocused exploration strategy. Concentration on the Surat Basin and related acreage may help align technical evaluation, development planning, and future commercialization efforts.
Bears Say
Persistent UnprofitabilityRecurring losses show that Comet Ridge has not yet established a profitable operating model. The wider 2026 loss, despite earlier improvement, reduces confidence in near-term earnings sustainability and means future value depends heavily on successful project progression and eventual gas commercialization.
Negative Cash GenerationPersistent negative operating and free cash flow means the business is not currently self-funding its activities. Continued exploration and development therefore require external capital, which can constrain strategic flexibility and expose shareholders to future funding needs before projects produce meaningful cash returns.
Unproven Revenue ModelMinimal and inconsistent revenue indicates that Comet Ridge remains primarily dependent on advancing projects rather than operating a stable commercial business. The return to zero revenue in 2026 highlights execution and commercialization risk, with future financial performance tied to converting resources into production or transactions.
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$0.06 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$110.81M.
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 135 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
2
3
4
5
6
7
8
9
10
Blogger Sentiment
Bullish
AU:COI Sentiment 100%
Sector Average 65%
Sector Average 65%
Insider Transactions
Bought Shares
Worth AU$213.1K over
the Last 3 Months
the Last 3 Months
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-40.00%
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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