EverGen Infrastructure (OTCMKTS:EVGIF) Stock Price Up 39.7% – Time to Buy?

EverGen Infrastructure Corp. (OTCMKTS:EVGIF – Get Free Report) shares shot up 39.7% on Thursday. The stock traded as high as C$0.56 and last traded at C$0.56. Approximately 3,000 shares were traded during mid-day trading, a decline of 3% from the average session volume of 3,100 shares. The stock had previously closed at C$0.40.

EverGen Infrastructure Stock Down 0.4%

The company’s fifty day moving average price is C$0.38 and its 200-day moving average price is C$0.32.

About EverGen Infrastructure

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EverGen Infrastructure Corp. is a Canadian renewable energy company focused on developing, building, owning and operating renewable natural gas (RNG) infrastructure. The company converts organic waste and other feedstocks into biogas and RNG, providing lower-carbon alternatives to conventional natural gas while supporting the diversion of organic material from landfills.

EverGen’s assets and development activities are concentrated in Western Canada. Its portfolio has included the Fraser Valley Biogas facility in British Columbia, which processes agricultural waste to produce renewable gas, as well as projects involving the collection, processing and upgrading of organic waste and biogas.

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