Komet Resources Inc (CVE:KMT)’s stock price reached a new 52-week low during trading on Wednesday . The company traded as low as C$0.10 and last traded at C$0.10, with a volume of 48500 shares trading hands. The stock had previously closed at C$0.11.

The stock has a market cap of $8.08 million and a PE ratio of -0.83. The company has a quick ratio of 0.06, a current ratio of 1.28 and a debt-to-equity ratio of 65.23. The business’s 50-day moving average price is C$0.11.

Komet Resources (CVE:KMT) last released its quarterly earnings results on Thursday, May 30th. The company reported C($0.01) EPS for the quarter.

About Komet Resources (CVE:KMT)

Komet Resources Inc, through its subsidiaries, engages in the acquisition, exploration, and development of mining properties in West Africa. The company owns a 100% interest in the Guiro-Diouga gold mining property located in northern Burkina Faso; and the Dabia South permit that covers 35 square kilometers located in the gold-mining camp of Kéniéba, Republic of Mali.

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