Cielo Waste Solutions (CVE:CMC) Trading Up 94.7% – Here’s What Happened

Cielo Waste Solutions Corp. (CVE:CMCGet Free Report) shares traded up 94.7% during mid-day trading on Saturday . The stock traded as high as C$0.20 and last traded at C$0.19. 1,456,885 shares were traded during mid-day trading, an increase of 1,595% from the average session volume of 85,968 shares. The stock had previously closed at C$0.10.

Cielo Waste Solutions Price 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 company has a 50 day simple moving average of C$0.06 and a 200 day simple moving average of C$0.06. The stock has a market cap of C$27.90 million, a P/E ratio of -0.42 and a beta of -1.79.

About Cielo Waste Solutions

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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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