BluMetric Environmental (CVE:BLM) Shares Down 5.1% – Here’s What Happened

BluMetric Environmental Inc. (CVE:BLM – Get Free Report)’s stock price was down 5.1% during mid-day trading on Tuesday . The stock traded as low as C$0.91 and last traded at C$0.93. Approximately 3,109 shares were traded during trading, a decline of 95% from the average session volume of 61,864 shares. The stock had previously closed at C$0.98.

BluMetric Environmental Price Performance

The company has a 50 day moving average price of C$0.94 and a 200 day moving average price of C$0.92. The company has a market capitalization of C$51.24 million, a price-to-earnings ratio of -9.30 and a beta of -0.21. The company has a current ratio of 1.50, a quick ratio of 3.08 and a debt-to-equity ratio of 13.80.

About BluMetric Environmental

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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.

Further Reading

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