EverGen Infrastructure (OTCMKTS:EVGIF) Trading Down 41% – Here’s Why

EverGen Infrastructure Corp. (OTCMKTS:EVGIFGet Free Report) shares fell 41% during mid-day trading on Monday . The stock traded as low as C$0.25 and last traded at C$0.25. 2,000 shares traded hands during mid-day trading, a decline of 58% from the average session volume of 4,812 shares. The stock had previously closed at C$0.43.

EverGen Infrastructure Price Performance

The firm’s 50-day simple moving average is C$0.40 and its two-hundred day simple moving average is C$0.36.

EverGen Infrastructure Company Profile

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EverGen Infrastructure Corp. acquires, develops, builds, owns, and operates a portfolio of renewable natural gas (RNG), waste to energy, and related infrastructure projects in Canada and North America. It operates through RNG production; and Organic Waste and Composting segments. The company operates the Fraser Valley Biogas project, an anaerobic digestion facility that utilizes local agriculture and commercial food processing waste to generate renewable natural gas and renewable fertilizer; and Sea to Sky Soils project, which processes organics to produce stable compost.

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