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

Vertex Resource Group Ltd. (CVE:VTX) shares rose 13% 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 mid-day 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 stock has a market capitalization of C$29.13 million, a PE ratio of -26.00 and a beta of 1.09. The company has a quick ratio of 1.22, a current ratio of 1.09 and a debt-to-equity ratio of 211.40. The business’s 50-day moving average is C$0.26 and its two-hundred day moving average is C$0.26.

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.