BluMetric Environmental (CVE:BLM) Sets New 12-Month Low – Here’s What Happened

Shares of BluMetric Environmental Inc. (CVE:BLM) reached a new 52-week low during trading on Friday . The company traded as low as C$0.86 and last traded at C$0.91, with a volume of 371428 shares. The stock had previously closed at C$1.00.

BluMetric Environmental Trading Down 5.0%

The business’s 50 day moving average price is C$1.24 and its two-hundred day moving average price is C$1.34. The company has a current ratio of 1.46, a quick ratio of 3.08 and a debt-to-equity ratio of 25.01. The company has a market capitalization of C$51.86 million, a price-to-earnings ratio of -13.57 and a beta of -0.16.

BluMetric Environmental Company Profile

BluMetric Environmental Inc provides solutions for environmental issues worldwide. The company offers professional services in the fields of environmental geosciences and engineering, industrial hygiene, occupational health and safety, renewable energy, water and wastewater treatment, and environmental contracting and management. It also provides environmental site assessment and remediation services, environmental engineering solutions, occupational hygiene and safety, geomatics, and fabrication and operation support services.