Biorem (CVE:BRM) Stock Price Up 18.2%

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Biorem Inc (CVE:BRM) rose 18.2% during mid-day trading on Monday . The company traded as high as C$0.40 and last traded at C$0.39, approximately 127,300 shares traded hands during trading. An increase of 524% from the average daily volume of 20,414 shares. The stock had previously closed at C$0.33.

The firm’s 50-day moving average price is C$0.34 and its 200 day moving average price is C$0.35. The company has a market capitalization of $12.39 million and a P/E ratio of 2.93.

About Biorem (CVE:BRM)

BIOREM Inc, an environmental biotechnology company, designs, manufactures, and sells air emissions control systems that are used to eliminate odors, volatile organic compounds (VOCs), and hazardous air pollutants (HAPs) in Canada, the United States, China, and internationally. It offers biofilters for the removal of odors, H2S, VOCs and HAPs; and biotrickling filters for applications of high concentrations of H2S or other water soluble compounds.

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