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Comet Ridge Limited (ASX:COI) Insider Tor McCaul Purchases 370,560 Shares

kopsource ·  Mar 3, 2023 01:32

Comet Ridge Limited (ASX:COI – Get Rating) insider Tor McCaul purchased 370,560 shares of the company's stock in a transaction on Thursday, February 23rd. The stock was bought at an average price of A$0.14 ($0.09) per share, for a total transaction of A$50,025.60 ($33,801.08).

Tor McCaul also recently made the following trade(s):

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  • On Monday, January 23rd, Tor McCaul 750,000 shares of Comet Ridge stock.
  • On Friday, December 23rd, Tor McCaul 1,320,000 shares of Comet Ridge stock.

Comet Ridge Price Performance

The company has a current ratio of 0.17, a quick ratio of 0.16 and a debt-to-equity ratio of 40.88.

Comet Ridge Company Profile

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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 Galilee Basin, Queensland; and Mahalo North, Mahalo East, and Mahalo Far East projects located in the Southern Bowen Basin, Queensland.

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