Shares of Carbon Streaming Co. (OTCMKTS:MXVDF – Get Free Report) were down 3.2% during mid-day trading on Tuesday . The company traded as low as $0.60 and last traded at $0.60. Approximately 41,597 shares traded hands during mid-day trading, an increase of 157% from the average daily volume of 16,216 shares. The stock had previously closed at $0.62.
Carbon Streaming Stock Performance
The stock has a 50 day simple moving average of $0.55 and a two-hundred day simple moving average of $0.50.
About Carbon Streaming
Carbon Streaming Corporation is a Canada-based streaming and royalty company focused on the voluntary carbon market. The firm provides upfront capital to developers of greenhouse gas reduction projects in exchange for a share of future carbon credits generated by those projects. By funding early-stage initiatives, Carbon Streaming aims to accelerate the deployment of emission-reducing technologies and practices around the globe.
The company structures long-term offtake agreements across a variety of sectors, including forestry conservation, agricultural carbon sequestration, methane capture at landfills and oil & gas operations, and renewable energy projects.
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