BioRem (CVE:BRM) Reaches New 12-Month High - What's Next?

Key Points

• 52-week high: BioRem (CVE:BRM) reached a new 52-week high of C$3.41, up about 1.2% on the day with 21,035 shares traded.
• Technical and valuation signals show an uptrend (50-day SMA C$2.66 vs. 200-day SMA C$2.52) with a market cap of C$55.02 million and a P/E of 13.12.
• BioRem is a clean‑technology company supplying air pollution control systems (biofilters, biotrickling filters, biogas desulfurization, cannabis odor control), and its balance sheet shows a current ratio of 1.85, quick ratio 1.08 and debt‑to‑equity of 18.97.

BioRem Inc. (CVE:BRM - )'s stock price hit a new 52-week high on Thursday . The company traded as high as C$3.41 and last traded at C$3.41, with a volume of 21035 shares. The stock had previously closed at C$3.37.

BioRem Stock Up 1.2%

The business has a 50-day simple moving average of C$2.66 and a two-hundred day simple moving average of C$2.52. The company has a market cap of C$55.02 million, a price-to-earnings ratio of 13.12 and a beta of 1.05. The company has a quick ratio of 1.08, a current ratio of 1.85 and a debt-to-equity ratio of 18.97.

About BioRem

BioRem Inc, a clean technology engineering company, designs, manufactures, distributes, and sells air pollution control systems that are used to eliminate odors, volatile organic compounds (VOCs), and hazardous air pollutants (HAPs). It offers biofilters for the removal of odors, H2S, VOCs, and HAPs; and biotrickling filters for applications of high levels of H2S or other water-soluble VOCs. The company also provides multi-stage systems to remove odors from various municipal/urban wastewater treatment processes; biogas desulfurization systems; dry scrubber adsorption systems; and cannabis odor control systems.

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