Carbon Streaming Co. (OTCMKTS:MXVDF – Get Free Report)’s stock price fell 1.9% during trading on Monday. The company traded as low as $0.6551 and last traded at $0.6551. Approximately 2,533 shares changed hands during mid-day trading, a decline of 84% from the average daily volume of 16,216 shares. The stock had previously closed at $0.6675.
Carbon Streaming Stock Performance
The company’s 50-day moving average price is $0.67 and its 200-day moving average price is $0.67.
Carbon Streaming Company Profile
Carbon Streaming Corporation is a Canada-based environmental finance company that provides capital to carbon-reduction and removal projects in exchange for the right to receive a portion of the projects’ future carbon credits. Its streaming model is designed to help project developers fund activities such as reforestation, forest conservation, improved land management and other initiatives that generate verified emissions reductions or removals.
The company has historically invested in carbon projects across multiple regions, including North America, South America, Africa and Asia.
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