Cielo Waste Solutions (CVE:CMC) Trading 33.3% Higher – What’s Next?

by · The Markets Daily

Cielo Waste Solutions Corp. (CVE:CMC – Get Free Report)’s share price was up 33.3% during trading on Saturday . The stock traded as high as C$0.10 and last traded at C$0.08. Approximately 422,515 shares traded hands during mid-day trading, an increase of 459% from the average daily volume of 75,623 shares. The stock had previously closed at C$0.06.

Cielo Waste Solutions Trading Up 33.3%

The company has a 50 day moving average price of C$0.06 and a 200 day moving average price of C$0.06. The firm has a market cap of C$12.06 million, a price-to-earnings ratio of -0.18 and a beta of -1.79. The company has a debt-to-equity ratio of 17.99, a quick ratio of 9.95 and a current ratio of 0.06.

Cielo Waste Solutions Company Profile

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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.

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