Cielo Waste Solutions' stock rose 9.1% to C$0.06, but financial metrics caution against optimism.

Cielo Waste Solutions (CVE:CMC), a Canadian company converting waste into fuel, saw its stock price rise 9.1% to C$0.06 on Monday, with trading volume up 104%. Despite the increase, the company's market cap is C$6.70 million, and its financial ratios—current ratio at 0.06 and debt-to-equity at 17.99—suggest caution for investors. Its 50-day moving average is C$0.08, and 200-day moving average is C$0.11.