COI Stock Overview
Engages in the oil and gas exploration, appraisal, and development activities in Australia. More details
| Snowflake Score | |
|---|---|
| Valuation | 3/6 |
| Future Growth | 0/6 |
| Past Performance | 0/6 |
| Financial Health | 4/6 |
| Dividends | 0/6 |
Rewards
Risk Analysis
My Notes
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Comet Ridge Limited Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | AU$0.14 |
| 52 Week High | AU$0.24 |
| 52 Week Low | AU$0.14 |
| Beta | 1.2 |
| 1 Month Change | -12.12% |
| 3 Month Change | -14.71% |
| 1 Year Change | -25.64% |
| 3 Year Change | 31.82% |
| 5 Year Change | -23.68% |
| Change since IPO | -53.23% |
Recent News & Updates
Recent updates
Is Comet Ridge (ASX:COI) Using Too Much Debt?
Nov 23
Is Comet Ridge (ASX:COI) Using Too Much Debt?
Mar 16We're Not Very Worried About Comet Ridge's (ASX:COI) Cash Burn Rate
Feb 02We're Hopeful That Comet Ridge (ASX:COI) Will Use Its Cash Wisely
Sep 29How Much Is Comet Ridge's (ASX:COI) CEO Getting Paid?
Dec 31
Shareholder Returns
| COI | AU Oil and Gas | AU Market | |
|---|---|---|---|
| 7D | 0% | -2.5% | -2.7% |
| 1Y | -25.6% | -27.4% | 6.5% |
Return vs Industry: COI exceeded the Australian Oil and Gas industry which returned -27.4% over the past year.
Return vs Market: COI underperformed the Australian Market which returned 6.5% over the past year.
Price Volatility
| COI volatility | |
|---|---|
| COI Average Weekly Movement | 7.0% |
| Oil and Gas Industry Average Movement | 10.0% |
| Market Average Movement | 8.0% |
| 10% most volatile stocks in AU Market | 16.8% |
| 10% least volatile stocks in AU Market | 3.1% |
Stable Share Price: COI has not had significant price volatility in the past 3 months compared to the Australian market.
Volatility Over Time: COI's weekly volatility (7%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2003 | n/a | Tor McCaul | www.cometridge.com.au |
Comet Ridge Limited engages in the oil and gas exploration, appraisal, and development activities in Australia. The company holds 57.14% interest in the Mahalo Joint Venture project covering an area of 989 square kilometers located in the Southern Bowen Basin, Queensland. It holds 100% interest in the Mahalo North project covering 450 square kilometers, the Mahalo East project covering 97 square kilometers, and the Mahalo Far East project covering 338 square kilometers located in the Southern Bowen Basin, Queensland; and the ATP 743, ATP 744, and ATP 1015 projects located in the Galilee Basin, Queensland.
Comet Ridge Limited Fundamentals Summary
| COI fundamental statistics | |
|---|---|
| Market cap | AU$161.03m |
| Earnings (TTM) | -AU$7.16m |
| Revenue (TTM) | n/a |
0.0x
P/S Ratio-22.5x
P/E RatioIs COI overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| COI income statement (TTM) | |
|---|---|
| Revenue | AU$0 |
| Cost of Revenue | AU$0 |
| Gross Profit | AU$0 |
| Other Expenses | AU$7.17m |
| Earnings | -AU$7.16m |
Last Reported Earnings
Jun 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | -0.0065 |
| Gross Margin | 0.00% |
| Net Profit Margin | 0.00% |
| Debt/Equity Ratio | 10.2% |
How did COI perform over the long term?
See historical performance and comparisonCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/21 06:00 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2024/06/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Comet Ridge Limited is covered by 8 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Stuart Howe | Bell Potter |
| James Bullen | Canaccord Genuity |
| Adrian Prendergast | Morgans Financial Limited |