Cielo Waste Solutions Corp. (CVE:CMC – Get Free Report) shares rose 16.7% on Thursday . The company traded as high as C$0.07 and last traded at C$0.07. Approximately 237,716 shares changed hands during trading, an increase of 11% from the average daily volume of 214,214 shares. The stock had previously closed at C$0.06.
Cielo Waste Solutions Trading Up 16.7%
The business’s 50 day simple moving average is C$0.08 and its 200 day simple moving average is C$0.08. The stock has a market cap of C$12.61 million, a price-to-earnings ratio of -0.21 and a beta of -0.86. The company has a quick ratio of 9.95, a current ratio of 0.06 and a debt-to-equity ratio of 17.99.
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. in August 2013. Cielo Waste Solutions Corp. was incorporated in 2011 and is based in Calgary, Canada.
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