Cielo Waste Solutions Corp. (CVE:CMC – Get Free Report) shares were up 12.3% on Thursday . The company traded as high as C$0.32 and last traded at C$0.32. Approximately 202,275 shares traded hands during trading, an increase of 104% from the average daily volume of 99,234 shares. The stock had previously closed at C$0.29.
Cielo Waste Solutions Trading Up 8.8 %
The firm has a market capitalization of C$35.12 million, a price-to-earnings ratio of -1.90 and a beta of 3.10. The business’s 50-day simple moving average is C$0.33 and its two-hundred day simple moving average is C$0.15. The company has a quick ratio of 9.95, a current ratio of 0.35 and a debt-to-equity ratio of 24.53.
About Cielo Waste Solutions
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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