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Comet Industries (CMU) Price & Analysis

4 Followers

CMU Stock Chart & Stats

C$5.58

-C$0.10(-1.79%)

At close: Aug 07 4:00 PM EDT

C$5.58

-C$0.10(-1.79%)

Day’s Range― - ―

52-Week RangeC$3.50 - C$6.35

Previous CloseN/A

Volume1.00

Average Volume (3M)0.00

Market Cap

C$26.37M

Enterprise ValueC$27.39

Total Cash (Recent Filing)C$1.95M

Total Debt (Recent Filing)C$1.54M

Price to Earnings (P/E)―

Beta>-0.01

Next Earnings

Dec 17, 2026

EPS EstimateN/A

Next Dividend Ex-DateN/A

Dividend YieldN/A

Share Statistics

EPS (TTM)-0.11

Shares Outstanding4,794,528

10 Day Avg. Volume0

30 Day Avg. Volume0

Financial Highlights & Ratios

PEG Ratio-0.68

Price to Book (P/B)1.87

Price to Sales (P/S)1072.07

P/FCF Ratio-56.43

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)N/A

Revenue Forecast (FY)N/A

Bulls Say, Bears Say

Bulls Say

Moderate LeverageModerate leverage leaves Comet with a comparatively stronger financial cushion while it manages volatile operating results. Lower debt relative to equity can reduce financing pressure, preserve borrowing capacity, and provide more flexibility to fund development or withstand weaker periods.

Strong TTM Cash GenerationThe strong TTM operating and free cash flow provides meaningful internal funding capacity and exceeds current debt levels. If this cash generation can be sustained beyond the latest period, it could support projects, reduce reliance on external financing, and strengthen balance-sheet resilience.

Expanded Asset BaseMaterial asset growth may increase the platform from which Comet can pursue real-estate development opportunities. Combined with sizable equity relative to debt, a larger asset base could support future project activity and improve operating scale if assets are converted into productive earnings.

Bears Say

Severe Earnings VolatilityThe swing from strong 2024 profitability to sizeable losses in 2025 and 2026 shows that earnings are not currently consistent. Such volatility weakens confidence in near-term profit visibility, makes planning more difficult, and reduces the reliability of internally generated earnings.

Minimal Revenue BaseEffectively zero TTM revenue and negative gross profit indicate that the current operating base is too small to demonstrate durable commercial momentum. Without recurring revenue, future results remain highly dependent on individual transactions or projects, increasing uncertainty around earnings stability.

Lumpy Cash FlowThe contrast between several years of negative annual cash flow and the latest TTM surge suggests cash generation may depend on working-capital movements or project timing. That reduces confidence that the recent inflow is recurring and makes funding capacity harder to forecast over the next several quarters.

Comet Industries News

Comet Industries Secures $8 Million Non-Dilutive Loan for Iron Mask Project

Comet Industries ( ($TSE:CMU) ) just unveiled an announcement. Comet Industries Ltd. has secured a commitment for a...

6d ago

Comet Industries Land Sale Boosts Momentum at Kamloops Industrial Park

An announcement from Comet Industries ( ($TSE:CMU) ) is now available. Comet Industries has completed the $22 million...

6M ago

Comet Industries Secures Insider-Backed Short-Term Loans for Iron Mask Project

Comet Industries ( ($TSE:CMU) ) just unveiled an announcement. Comet Industries has arranged approximately $742,000 in unsecured short-term...

6M ago

Comet Industries Sells One-Acre Parcel at Iron Mask Project for $1.1 Million

Comet Industries ( ($TSE:CMU) ) just unveiled an update. Comet Industries has entered into a purchase and sale...

8M ago

Comet Industries Secures $2 Million Non-Dilutive Loan for Iron Mask Project in Kamloops

The latest announcement is out from Comet Industries ( ($TSE:CMU) ). Comet Industries has secured a CAD$2 million,...

8M ago

Comet Industries Secures Key Approval for Iron Mask Industrial Park

Comet Industries ( ($TSE:CMU) ) has shared an update. Comet Industries has achieved a significant milestone by securing...

1y ago

Comet Industries Advances Iron Mask Industrial Park with Rezoning Approval

Comet Industries ( ($TSE:CMU) ) just unveiled an announcement. Comet Industries Ltd. has received rezoning approval for the...

1y ago

Comet Industries Advances Iron Mask Industrial Park with Completed Archaeological Assessment

The latest announcement is out from Comet Industries ( ($TSE:CMU) ). Comet Industries has completed an Archaeological Impact...

1y ago

Comet Industries Advances Iron Mask Industrial Park Development

The latest announcement is out from Comet Industries ( ($TSE:CMU) ). Comet Industries Ltd. has announced the next...

1y ago

Comet Industries Expands Real Estate Holdings and Approves Stock Options

Comet Industries ( ($TSE:CMU) ) just unveiled an update. Comet Industries Ltd. has approved the grant of 60,000...

1y ago

CMU FAQ

What was Comet Industries’s price range in the past 12 months?

Comet Industries lowest stock price was C$3.50 and its highest was C$6.35 in the past 12 months.

What is Comet Industries’s market cap?

Comet Industries’s market cap is C$26.37M.

When is Comet Industries’s upcoming earnings report date?

Comet Industries’s upcoming earnings report date is Dec 17, 2026 which is in 77 days.

How were Comet Industries’s earnings last quarter?

Comet Industries released its earnings results on Sep 28, 2026. The company reported -C$0.028 earnings per share for the quarter.

Is Comet Industries overvalued?

According to Wall Street analysts Comet Industries’s price is currently Overvalued. Get more investment ideas with TipRanks Premium

Does Comet Industries pay dividends?

Comet Industries does not currently pay dividends.

What is Comet Industries’s EPS estimate?

Comet Industries’s EPS estimate for its next earnings report is not yet available.

How many shares outstanding does Comet Industries have?

Comet Industries has 4,794,528 shares outstanding.

What happened to Comet Industries’s price movement after its last earnings report?

Comet Industries reported an EPS of -C$0.028 in its last earnings report. Following the earnings report the stock price went same 0%.

Which hedge fund is a major shareholder of Comet Industries?

Currently, no hedge funds are holding shares in TSE:CMU

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

Company Description

Comet Industries

Comet Industries Ltd. holds and manages real estate properties and the properties under development in the British Columbia. It is involved in the business of holding mineral properties. It holds a 40% working interest in five crown granted mineral claims comprising the Iron Mask property located in southwest Kamloops, British Columbia. The company was incorporated in 1966 and is based in Vancouver, Canada.