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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$0.08 - AU$0.18
Previous CloseN/A
Volume2.43M
Average Volume (3M)337.20K
Market Cap
AU$130.80M
Enterprise ValueAU$155.83M
Total Cash (Recent Filing)AU$7.05M
Total Debt (Recent Filing)AU$7.34M
Price to Earnings (P/E)―
Beta0.79
Next Earnings
Sep 29, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding1,503,402,100
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 Upside103.70% 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 / Balance Sheet FlexibilityThe company’s low debt ratio provides durable financial flexibility for a capital‑intensive explorer. Lower leverage reduces interest burden and gives capacity to fund appraisal or farm‑out work, improving options to partner or raise capital on less dilutive terms.
Revenue Recovery And Narrowing LossesA return to material revenue alongside smaller net losses signals advancing commercial activity and improving operational execution. That trajectory can create a path to break‑even if sustained, enabling internal funding for stepped‑up appraisal and reducing reliance on emergency capital.
Focused Upstream Gas Exploration StrategyA clear, asset‑centric strategy in the Surat Basin gives durable strategic focus and technical specialization. Concentrated acreage and project progression expertise increase potential for JV deals, farm‑outs or staged development, preserving upside as projects are de‑risked.
Bears Say
Sustained Negative Cash GenerationPersistent negative operating and free cash flow indicates ongoing cash burn from exploration and capex. Over the medium term this necessitates external funding or asset sales, risks diluting shareholders, and can delay project timelines if financing terms sour.
Ongoing Unprofitability And Weak MarginsLarge negative margins show the business is not yet generating profitable operations despite revenue re‑emergence. Without sustained margin improvement from commercial production or cost reduction, the company will remain dependent on capital markets to fund activity.
Negative Returns On CapitalA negative ROE signals the existing asset base is not producing investor returns. Over time this undermines the case for incremental equity funding, complicates partner negotiations, and suggests management must materially improve project economics to create shareholder value.
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$130.80M.
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 54 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 1,503,402,100 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 (103.70% Upside)
AU$0.18 (103.70% Upside)
Blogger Sentiment
Bullish
AU:COI Sentiment 100%
Sector Average 61%
Sector Average 61%
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
▲(103.70% Upside)
Technical Analysis
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