CO2 Solutions (CVE:CST) Stock Price Up 22.2%

CO2 Solutions Inc (CVE:CST) rose 22.2% during trading on Thursday . The stock traded as high as C$0.06 and last traded at C$0.06. Approximately 282,400 shares traded hands during trading, an increase of 123% from the average daily volume of 126,873 shares. The stock had previously closed at C$0.05.

The company’s 50 day moving average is C$0.05. The stock has a market capitalization of $9.59 million and a P/E ratio of -1.28.

CO2 Solutions Company Profile (CVE:CST)

CO2 Solutions Inc develops proprietary technologies for the capture and production of carbon dioxide (CO2) in Canada, the United States, and Europe. It focuses on commercializing an enzyme-based technology for efficient CO2 capture from various industrial flue gasses for reuse or sequestration. The company's technology has various industrial applications, such as enhanced oil recovery, oil and gas, pulp and paper, water treatment, cement, beverage carbonation, greenhouses, and other uses.

Further Reading: What is Considered a Good Return on Equity (ROE)?

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