Vertex Resource Group (CVE:VTX) Shares Up 16.7% – What’s Next?

Shares of Vertex Resource Group Ltd. (CVE:VTX) rose 16.7% during mid-day trading on Wednesday. The company traded as high as C$0.21 and last traded at C$0.21. 35,012 shares were traded during mid-day trading, a decline of 77% from the average session volume of 152,574 shares. The stock had previously closed at C$0.18.

Vertex Resource Group Stock Up 10.0%

The business’s 50 day simple moving average is C$0.18 and its 200-day simple moving average is C$0.18. The company has a debt-to-equity ratio of 211.40, a quick ratio of 1.22 and a current ratio of 1.09. The company has a market cap of C$24.65 million, a price-to-earnings ratio of -3.14 and a beta of -1.15.

About Vertex Resource Group

Vertex Resource Group Ltd. provides environmental and industrial services in Canada and the United States. It operates through two segments, Environmental Services and Environmental Consulting. The Environmental Consulting segment offers planning and regulatory approvals, site assessments and monitoring, geotechnical and civil engineering, wildlife management, reclamation, remediation, groundwater monitoring, drilling waste, gas migration, emissions testing and reporting, and well sub-surface engineering services; advisory services, including estimating, project controls, and facility engineering; land and regulatory services; emergency spill response services; abandonment, completion, and drilling engineering; and geographical information services, and mapping and drone services to various industries, including governments, industry, and commercial clients.