Vertex Resource Group (CVE:VTX) Trading Up 10.5% – Here’s What Happened

Vertex Resource Group Ltd. (CVE:VTX) was up 10.5% during trading on Monday . The company traded as high as C$0.21 and last traded at C$0.21. Approximately 60,500 shares traded hands during mid-day trading, an increase of 52% from the average daily volume of 39,898 shares. The stock had previously closed at C$0.19.

Vertex Resource Group Price Performance

The stock has a market cap of C$23.53 million, a price-to-earnings ratio of -1.75 and a beta of -0.44. 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 stock’s 50 day simple moving average is C$0.18 and its two-hundred day simple moving average is C$0.22.

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.