Carbon Streaming (OTCMKTS:MXVDF) Stock Price Down 5.7% – What’s Next?

Shares of Carbon Streaming Co. (OTCMKTS:MXVDF) dropped 5.7% on Thursday . The stock traded as low as $0.62 and last traded at $0.62. Approximately 1,768 shares traded hands during trading, a decline of 89% from the average daily volume of 16,216 shares. The stock had previously closed at $0.6577.

Carbon Streaming Trading Up 2.2%

The business’s fifty day simple moving average is $0.59 and its two-hundred day simple moving average is $0.54.

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.