Shares of Cielo Waste Solutions Corp. (CVE:CMC – Get Free Report) traded up 23.1% during trading on Friday . The company traded as high as C$0.09 and last traded at C$0.08. 159,908 shares changed hands during mid-day trading, an increase of 71% from the average session volume of 93,562 shares. The stock had previously closed at C$0.07.
Cielo Waste Solutions Trading Up 23.1%
The company has a market capitalization of C$14.41 million, a price-to-earnings ratio of -0.24 and a beta of -1.98. The company has a current ratio of 0.06, a quick ratio of 9.95 and a debt-to-equity ratio of 17.99. The business’s 50 day moving average price is C$0.11 and its two-hundred day moving average price is C$0.08.
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. in August 2013. Cielo Waste Solutions Corp. was incorporated in 2011 and is based in Calgary, Canada.
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