BluMetric Environmental (CVE:BLM) Shares Up 8.8% – Still a Buy?

BluMetric Environmental Inc. (CVE:BLM)’s stock price shot up 8.8% during trading on Friday . The company traded as high as C$0.99 and last traded at C$0.99. 112,949 shares were traded during mid-day trading, an increase of 25% from the average session volume of 90,557 shares. The stock had previously closed at C$0.91.

BluMetric Environmental Stock Performance

The company has a debt-to-equity ratio of 25.01, a current ratio of 1.46 and a quick ratio of 3.08. The stock has a market cap of C$54.04 million, a price-to-earnings ratio of -14.14 and a beta of 0.35. The stock’s 50-day moving average is C$1.09 and its 200 day moving average is C$1.30.

About BluMetric Environmental

BluMetric Environmental Inc provides solutions for environmental issues worldwide. The company offers professional services in the fields of environmental geosciences and engineering, industrial hygiene, occupational health and safety, renewable energy, water and wastewater treatment, and environmental contracting and management. It also provides environmental site assessment and remediation services, environmental engineering solutions, occupational hygiene and safety, geomatics, and fabrication and operation support services.