Risk factor
Very poor trading liquidity
Profitability factor
Very low or no dividends
About
Comet Ridge Limited, together with its subsidiaries, engages in the oil and gas exploration activities in Australia. The company's flagship asset includes Mahalo gas project covering an area of 989 square kilometers located in the Bowen Basin, Queensland. It holds 100% interests in the ATP 743, ATP 744, and ATP 1015 projects located in the...
Company Valuation
From both historical and forecast perspectives, the stock is overpriced compared to similar stocks. In particular, the stock is 'expensive' on EV/EBITDA.
Target Price
The average target price of COI.AX is 0.21 and suggests 45% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to incr
Buy
Sell