Shares of Cielo Waste Solutions Corp. (CVE:CMC – Get Free Report) shot up 9.1% during mid-day trading on Tuesday . The company traded as high as C$0.06 and last traded at C$0.06. 136,083 shares traded hands during trading, an increase of 104% from the average session volume of 66,785 shares. The stock had previously closed at C$0.06.
Cielo Waste Solutions Stock Performance
The business has a 50-day moving average price of C$0.09 and a 200-day moving average price of C$0.11. The company has a quick ratio of 9.95, a current ratio of 0.06 and a debt-to-equity ratio of 17.99. The firm has a market capitalization of C$6.70 million, a price-to-earnings ratio of -0.35 and a beta of 2.82.
Cielo Waste Solutions Company Profile
Cielo Waste Solutions Corp. operates as a waste-to-fuel environmental technology company in Canada. It converts and transforms waste feedstocks, including organic material and wood derivative waste into fuel, such as diesel, naphtha, and kerosene. The company was formerly known as Cielo Gold Corp. and changed its name to Cielo Waste Solutions Corp.
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