Thermal Energy International (TMG) Receiving Somewhat Favorable Press Coverage, Study Shows

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Media headlines about Thermal Energy International (CVE:TMG) have been trending somewhat positive this week, according to InfoTrie. The research group identifies positive and negative news coverage by monitoring more than 6,000 news and blog sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Thermal Energy International earned a media sentiment score of 1.43 on their scale. InfoTrie also assigned press coverage about the company an news buzz score of 5 out of 10, meaning that recent news coverage is somewhat likely to have an effect on the stock’s share price in the near term.

Shares of CVE TMG opened at C$0.07 on Friday. The company has a market cap of $11.33 million and a P/E ratio of -70.00. The company has a quick ratio of 0.75, a current ratio of 0.83 and a debt-to-equity ratio of 88.97. Thermal Energy International has a 52-week low of C$0.07 and a 52-week high of C$0.10.

Thermal Energy International (CVE:TMG) last released its quarterly earnings results on Monday, April 29th. The company reported C($0.01) earnings per share for the quarter. The firm had revenue of C$3.12 million for the quarter.

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About Thermal Energy International

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, China, 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; and DRY-REX, a low temperature biomass drying system.

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