Cielo Waste Solutions (CVE:CMC) Trading 7.7% Higher

Cielo Waste Solutions Corp. (CVE:CMCGet Rating)’s stock price traded up 7.7% on Friday . The company traded as high as C$0.07 and last traded at C$0.07. 1,535,404 shares changed hands during mid-day trading, a decline of 44% from the average session volume of 2,748,134 shares. The stock had previously closed at C$0.07.

Cielo Waste Solutions Price Performance

The company has a current ratio of 1.39, a quick ratio of 0.94 and a debt-to-equity ratio of 44.17. The firm has a market cap of C$52.15 million and a price-to-earnings ratio of -0.86. The stock has a 50-day moving average of C$0.07 and a two-hundred day moving average of C$0.16.

Cielo Waste Solutions Company Profile

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Cielo Waste Solutions Corp. engages in refining landfill, and municipal and commercial waste into a renewable diesel in Canada. It uses landfill waste, tires, plastics, wood shavings, and paper products to produce renewable Kerosene, highway diesel, and naphtha. The company was formerly known as Cielo Gold Corp.

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