Vertex Resource Group (CVE:VTX) Hits New 52-Week High – Still a Buy?

Vertex Resource Group Ltd. (CVE:VTX)’s stock price hit a new 52-week high during trading on Monday. The stock traded as high as C$0.24 and last traded at C$0.24, with a volume of 17,680 shares changing hands. The stock had previously closed at C$0.23.

Vertex Resource Group Trading Up 6.5%

The company’s fifty day moving average price is C$0.18 and its two-hundred day moving average price is C$0.18. The company has a current ratio of 1.09, a quick ratio of 1.22 and a debt-to-equity ratio of 211.40. The firm has a market cap of C$27.45 million, a P/E ratio of -3.50 and a beta of -1.00.

Vertex Resource Group Company Profile

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.