Vertex Resource Group (CVE:VTX) Stock Price Up 13% – Here’s Why

Shares of Vertex Resource Group Ltd. (CVE:VTX) rose 13% during trading on Tuesday . The company traded as high as C$0.26 and last traded at C$0.26. Approximately 113,000 shares traded hands during trading, an increase of 336% from the average daily volume of 25,921 shares. The stock had previously closed at C$0.23.

Vertex Resource Group Trading Up 13.0 %

The company has a debt-to-equity ratio of 211.40, a current ratio of 1.09 and a quick ratio of 1.22. The business’s 50 day moving average is C$0.26 and its 200 day moving average is C$0.26. The stock has a market cap of C$29.13 million, a price-to-earnings ratio of -26.00 and a beta of 1.09.

About Vertex Resource Group

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.