Shares of CO2 Solutions Inc (CVE:CST) traded down 14.3% on Wednesday . The company traded as low as C$0.03 and last traded at C$0.03. 243,500 shares traded hands during mid-day trading, an increase of 70% from the average session volume of 143,314 shares. The stock had previously closed at C$0.04.
The company has a market cap of $7.95 million and a price-to-earnings ratio of -1.03.
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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.
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