Posted by admin on May 2nd, 2022

Thermal Energy International (CVE:TMG – Get Rating) posted its quarterly earnings data on Friday. The company reported C($0.01) EPS for the quarter, reports. The company had revenue of C$3.49 million for the quarter.

TMG opened at C$0.10 on Monday. The firm has a market cap of C$16.41 million and a P/E ratio of -16.67. The firm has a 50-day moving average price of C$0.11. Thermal Energy International has a 1 year low of C$0.10 and a 1 year high of C$0.24. The company has a debt-to-equity ratio of 211.03, a current ratio of 1.53 and a quick ratio of 1.22.

Thermal Energy International Company Profile (Get Rating)

Thermal Energy International Inc engages in the development, engineering, and supply of pollution control products, heat recovery systems, and condensate return solutions in North America, Europe, and internationally. Its products include GEM steam traps; FLU-ACE, a direct contact condensing heat recovery system that recycles the heat lost through the boiler flue gas exhaust; electricity co-generation solutions; and DRY-REX, a low temperature biomass drying system, as well as indirect contact heat recovery equipment.

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