Comet Industries (CMU) Price & Analysis

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CMU Stock Chart & Stats

C$3.80

C$0.00(0.00%)

At close: Jan 06 4:00 PM EST

C$3.80

C$0.00(0.00%)

Day’s Range― - ―

52-Week RangeC$3.40 - C$4.70

Previous CloseN/A

Volume10.00K

Average Volume (3M)3.00

Market Cap

C$18.70M

Enterprise ValueC$17.70M

Total Cash (Recent Filing)C$1.04M

Total Debt (Recent Filing)C$35.27K

Price to Earnings (P/E)―

Beta-0.27

Next Earnings

Jun 03, 2026

EPS EstimateN/A

Next Dividend Ex-DateN/A

Dividend YieldN/A

Share Statistics

EPS (TTM)-0.03

Shares Outstanding4,794,528

10 Day Avg. Volume0

30 Day Avg. Volume3

Financial Highlights & Ratios

PEG Ratio0.46

Price to Book (P/B)2.01

Price to Sales (P/S)5996.86

P/FCF Ratio-13.02

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

Strong Balance Sheet LeverageThe company’s extremely low leverage (TTM debt-to-equity ~0.004) and large equity cushion provide durable financial flexibility. Over 2–6 months this reduces refinancing risk, supports sustained R&D and capex spending, and allows the firm to absorb operational setbacks without forced asset sales.

Recent Positive Cash GenerationA turn to positive TTM operating and free cash flow (1,253,690) is a meaningful improvement versus prior negative periods. If sustained, internally generated cash can fund commercialization, reduce external financing needs and support steady investment in higher-return projects over the medium term.

Diversified Business Model And ContractsComet’s exposure across advanced materials, aerospace components, automotive composites and renewable energy, plus partnerships, licensing and government/defense contracts, creates multiple durable revenue channels. This diversification lowers single-market risk and supports long-term order visibility and resilience.

Bears Say

Severely Weak TTM ProfitabilityTTM profitability is materially impaired: negligible revenue (3,238) and a large net loss (-739,530) with deeply negative margins. This persistent lack of scale undermines return generation, hinders reinvestment capacity and creates structural risk unless sustained topline and margin recovery occurs.

Sharp Revenue ContractionRevenue contracted sharply (Fundamentals.RevenueGrowth ~ -88.8%), indicating either demand loss or execution problems. Such a steep decline impairs operating leverage, weakens pricing power and makes margin recovery and durable profitability more difficult without a clear, sustained improvement in sales.

Volatile Cash Flow HistoryWhile TTM cash flow is positive, prior annual periods had repeated negative operating cash flow (2021–2024) and free cash flow is shrinking YoY (~-13%). This volatility undermines long-term planning, may force external financing if improvements slip, and challenges sustained investment in growth initiatives.

Comet Industries News

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...

25d 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,...

1M 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...

6M 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...

7M 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...

9M 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...

10M 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...

11M ago

Comet Industries Appoints New CFO to Enhance Financial Strategy

Comet Industries ( ($TSE:CMU) ) has shared an announcement. Comet Industries Ltd. has announced the appointment of Mr....

1y ago

Comet Industries Advances on Kamloops Development

Comet Industries (TSE:CMU) has released an update. Comet Industries Ltd. has announced progress on their Iron Mask Industrial...

1y ago

CMU

Comet Industries Announces Executive Changes

Comet Industries (TSE:CMU) has released an update. Comet Industries Ltd. has announced a significant shift in their corporate...

2y ago

CMU

CMU FAQ

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

Comet Industries lowest stock price was C$3.40 and its highest was C$4.70 in the past 12 months.

What is Comet Industries’s market cap?

Comet Industries’s market cap is C$18.70M.

When is Comet Industries’s upcoming earnings report date?

Comet Industries’s upcoming earnings report date is Jun 03, 2026 which is in 99 days.

How were Comet Industries’s earnings last quarter?

Comet Industries released its earnings results on Dec 23, 2025. The company reported -C$0.028 earnings per share for the quarter, missing the consensus estimate of N/A by -C$0.028.

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, missing expectations of N/A. 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 in British Columbia. It also acquires and holds mineral properties. The company holds a 40% working interest in the Iron Mask property with five crown granted mineral claims covering an area of approximately 76.9 hectares located in Kamloops, British Columbia. It also owns a 10% carried net profit interest in a contiguous block of mineral properties; and the surface land titles comprising the crown grants covering approximately 77.15 hectares located in Kamloops, British Columbia. In addition, the company holds and rents land and a commercial building located at the corner of Carrall and Powell Streets in the Gastown area of Vancouver, Canada. The company was incorporated in 1972 and is based in Vancouver, Canada.