CO2 Solutions Inc (CVE:CST) traded up 10% during trading on Tuesday . The company traded as high as C$0.06 and last traded at C$0.06. 139,558 shares changed hands during mid-day trading, an increase of 4% from the average session volume of 134,572 shares. The stock had previously closed at C$0.05.
The company has a market capitalization of $9.59 million and a PE ratio of -1.47.
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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.
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