Shares of Solarvest Bioenergy Inc (CVE:SVS) dropped 100% on Wednesday . The company traded as low as C$0.08 and last traded at C$0.09, approximately 12,000 shares traded hands during trading. A decline of 67% from the average daily volume of 36,848 shares. The stock had previously closed at C$799,390.00.
The company has a market cap of $3.09 million and a P/E ratio of -1.84. The stock has a 50-day moving average of C$0.09 and a two-hundred day moving average of C$0.14.
Solarvest Bioenergy Company Profile (CVE:SVS)
Solarvest BioEnergy Inc engages in the development of algal-based production systems to produce natural based green commercial products in Canada and internationally. Its algal-based production systems are used to produce nutritional nutraceuticals, pharmaceutical oils, and biologic active ingredients/therapies.
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