How to buy Comet Ridge shares

Comet Ridge Limited is an oil & gas e&p business based in Australia. Comet Ridge shares (COI) are listed on the Australian Securities Exchange (ASX) and all prices are listed in Australian Dollars. Comet Ridge has a trailing 12-month revenue of around $2,000.

How to buy shares in Comet Ridge

1. Compare share trading platforms. To buy shares listed in Australia, you'll need to sign up to a broker with access to the Australian Securities Exchange (ASX). Our table below can help you choose.
2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and tax file number. Fund your account with a bank transfer, PayPal or debit card.
3. Search for Comet Ridge. Find the share by name or ticker symbol: COI. Research its history to confirm it's a solid investment against your financial goals.
4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Comet Ridge reaches your desired price. To spread out your risk, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
5. Decide on how many to buy. At today's price of $N/A, weigh your budget against a diversified portfolio that can minimise risk through the market's ups and downs.
6. Check in on your investment. Congratulations, you own a part of Comet Ridge. Optimise your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

Comet Ridge share price

Use our graph to track the performance of COI stocks over time.

Comet Ridge shares at a glance

• Key figures

Information last updated 2020-09-25.

52-week range	AUDA$0.048 - AUDA$0.29
50-day moving average	AUDA$0.0814
200-day moving average	AUDA$0.0826
Target price	AUDA$0.55
PE ratio	N/A
Dividend yield	N/A (0%)
Earnings per share (TTM)	AUDA$-0.006

Share Trading Account Offer

IG Share Trading Offer

AUD 8

Standard brokerage - Australian shares

Share Trading Account Offer

Competitive broker fees on Australian and international shares

• Brokerage - AU shares: From AUD 5 or 0.05%
• Brokerage - US shares: USD 0
• Sign-up process: Instant
• Support - After hours: Yes

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Important: Share trading carries risk of capital loss.

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The value of your investments can fall as well as rise and you may get back less than you invested. Past performance is no indication of future results.

Is it a good time to buy Comet Ridge stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

Technical Analysis of Comet Ridge Limited by TradingView

Comet Ridge financials

Revenue TTM	$2,000
Gross profit TTM	$0
Return on assets TTM	-2.58%
Return on equity TTM	-6.07%
Profit margin	0%
Book value	0.082
Market capitalisation	$73.4 million

TTM: trailing 12 months

Comet Ridge share dividends

We're not expecting Comet Ridge to pay a dividend over the next 12 months.

Have Comet Ridge's shares ever split?

Comet Ridge's shares were split on 20 May 2009.

Comet Ridge share price volatility

Over the last 12 months, Comet Ridge's shares have ranged in value from as little as $0.048 up to $0.29. A popular way to gauge a stock's volatility is its "beta".

Beta is a measure of a share's volatility in relation to the market. The market (AU average) beta is 1, while Comet Ridge's is 1.2325. This would suggest that Comet Ridge's shares are a little bit more volatile than the average for this exchange and represent, relatively-speaking, a slightly higher risk (but potentially also market-beating returns).

Comet Ridge overview

Comet Ridge Limited, together with its subsidiaries, engages in the exploration and appraisal of coal seam gas and sandstone reserves in Eastern Australia. The company holds 100% interests in the ATP 743, ATP 744, and ATP 1015 projects located in the Galilee Basin, Queensland; and 40% interests in the ATP 1191 Mahalo project covering an area of approximately 911 square kilometers located in the Bowen Basin, Queensland, as well as holds 29.55% interest in the PEL 6, 59.09% interest in PEL 427, and 68.42% interest in PEL 428 projects covering an area of approximately 17,000 square kilometers located in the Gunnedah Basin, New South Wales. Comet Ridge Limited was incorporated in 2003 and is based in Brisbane, Australia.

Frequently asked questions

• What percentage of Comet Ridge is owned by insiders or institutions?

  Currently 27.056% of Comet Ridge shares are held by insiders and 0.621% by institutions.

• When does the fiscal year end for Comet Ridge?

  Comet Ridge's fiscal year ends in June.

• Where is Comet Ridge based?

  Comet Ridge's address is: 410 Queen Street, Brisbane, QLD, Australia, 4000

• What is Comet Ridge's ISIN number?

  Comet Ridge's international securities identification number is: AU000000COI3