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COI Stock Chart & Stats
AU$0.15
<AU$0.01(3.70%)
At close: 4:00 PM EST
AU$0.15
<AU$0.01(3.70%)
Day’s Range― - ―
52-Week RangeAU$0.08 - AU$0.18
Previous CloseN/A
Volume569.02K
Average Volume (3M)337.20K
Market Cap
AU$134.54M
Enterprise ValueAU$155.83M
Total Cash (Recent Filing)AU$7.05M
Total Debt (Recent Filing)AU$7.34M
Price to Earnings (P/E)―
Beta0.85
Next Earnings
Sep 29, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding1,494,858,300
10 Day Avg. Volume505,534
30 Day Avg. Volume337,198
Financial Highlights & Ratios
PEG Ratio0.82
Price to Book (P/B)1.40
Price to Sales (P/S)40.29
P/FCF Ratio-5.50
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
AU$0.18Price Target Upside22.22% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering3
EPS Forecast (FY)-0.01
Revenue Forecast (FY)N/A
Bulls Say, Bears Say
Bulls Say
Low LeverageA materially lower debt-to-equity (≈0.09 vs 0.41) meaningfully reduces interest and refinancing risk for a capital-intensive explorer. This durable balance-sheet flexibility supports multi-month appraisal programs, JV negotiations and funding optionality without immediate heavy debt servicing pressure.
Return To RevenueRevenue resumed in FY2025 (A$2.79M) with narrower net losses vs prior year, indicating progress toward monetizing assets. Sustained revenue growth over successive quarters would provide a durable pathway to reduce reliance on external financing and improve operational self-funding prospects.
Improving Operating PerformanceMaterial improvement in EBIT signals operational leverage and better cost or production dynamics. If sustained, this trend supports margin recovery and increases the probability that capital deployed in appraisal generates commercial outcomes rather than persistent operating losses.
Bears Say
Severe Cash BurnVery negative operating cash flow and deeply negative free cash flow, worsening from prior years, create a durable funding need: absent a sustained revenue ramp or asset monetisation, the business will likely require external capital, dilutive equity issuance or asset sales to fund ongoing exploration and development.
Unprofitable OperationsLarge negative margins and negative returns indicate the current asset base is not generating profits. Persisting unprofitability constrains reinvestment, weakens long-term return prospects for shareholders, and means operational improvements must be sustained to reach break-even.
Exploration Model RiskA business centered on exploration and appraisal faces structural risks: long development timelines, technical uncertainty and high capital intensity. Even with good geology, converting permits and subsurface work into commercial production can take many months to years and requires sustained funding and execution.
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$0.08 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$134.54M.
When is Comet Ridge Ltd’s upcoming earnings report date?
Comet Ridge Ltd’s upcoming earnings report date is Sep 29, 2026 which is in 71 days.
How were Comet Ridge Ltd’s earnings last quarter?
Comet Ridge Ltd released its earnings results on Mar 05, 2026. The company reported -AU$0.002 earnings per share for the quarter, missing the consensus estimate of N/A by -AU$0.002.
Is Comet Ridge Ltd overvalued?
According to Wall Street analysts Comet Ridge Ltd’s price is currently Undervalued.
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 1,494,858,300 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, missing expectations of N/A. Following the earnings report the stock price went up 7.407%.
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
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Analyst Consensus
Moderate Buy
Average Price Target:
AU$0.18 (22.22% Upside)
AU$0.18 (22.22% Upside)
Blogger Sentiment
Bullish
AU:COI Sentiment 100%
Sector Average 65%
Sector Average 65%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-31.25%
12-Months-Change
Fundamentals
Return on Equity
-4.27%
Trailing 12-Months
Asset Growth
-2.94%
Trailing 12-Months
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.
COI Stock 12 Month Forecast
Average Price Target
AU$0.18
▲(22.22% Upside)
Technical Analysis
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