Vertex Resource Group (CVE:VTX) Shares Up 13% – Still a Buy?

Vertex Resource Group Ltd. (CVE:VTX)’s share price rose 13% during mid-day trading 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 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 Price Performance

The company’s 50-day simple moving average is C$0.26 and its 200 day simple moving average is C$0.26. The company has a market cap of C$29.13 million, a PE ratio of -26.00 and a beta of 1.09. The company has a debt-to-equity ratio of 211.40, a quick ratio of 1.22 and a current ratio of 1.09.

Vertex Resource Group Company Profile

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.