Shares of Cielo Waste Solutions Corp. (CVE:CMC – Get Free Report) shot up 16.7% during trading on Friday . The stock traded as high as C$0.07 and last traded at C$0.07. 237,716 shares traded hands during trading, an increase of 11% from the average session volume of 214,214 shares. The stock had previously closed at C$0.06.
Cielo Waste Solutions Stock Performance
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 stock has a market cap of C$12.61 million, a PE ratio of -0.21 and a beta of -0.86. The business’s 50-day moving average price is C$0.08 and its 200-day moving average price is C$0.08.
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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