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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 Leverage And Stronger Balance SheetDebt-to-equity near 0.09 provides durable financial flexibility for a capital-intensive explorer. Lower leverage reduces refinancing and interest risk, making it easier to fund staged appraisal or partner deals over the next several months without excessive solvency stress.
Return To Revenue And Narrowing LossesResumption of revenue and materially reduced headline losses signal operational progress versus prior years. Narrowing losses and improved EBIT show cost or production improvements that, if sustained, provide a clearer path toward breakeven and support longer-term project development.
Focused Gas Asset Base In Surat BasinA clear strategic focus on Surat Basin gas assets aligns with long lead-time development value chains and potential partner interest. Concentrated acreage and project advancement expertise are durable competitive traits for realizing value through appraisal, JV structuring or staged development.
Bears Say
Negative Cash GenerationSustained negative operating and free cash flow indicates persistent cash burn and reliance on external financing to fund exploration and appraisal. Over a multi-month horizon this constrains project execution, increases dilution or borrowing risk, and pressures strategic optionality.
Ongoing Unprofitability And Weak MarginsLarge negative net margin and continued losses show the business is not yet self-sustaining. This structural profitability gap risks repeated funding needs and undermines internal capital generation, making long-term project funding dependent on external capital or partners.
Negative Return On EquityNegative ROE signals the company’s invested capital is not producing positive returns, a persistent structural weakness. Without material operational gains or monetisation events, negative returns will continue to limit reinvestment capacity and investor confidence over months.
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 67 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%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-31.25%
12-Months-Change
Fundamentals
Return on Equity
―
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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