5632 (IOG.V) (CVE:IOG) Trading Down 8.1%

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5632 (IOG.V) (CVE:IOG) was down 8.1% on Wednesday . The company traded as low as C$0.17 and last traded at C$0.17. Approximately 190,498 shares were traded during trading, an increase of 48% from the average daily volume of 128,816 shares. The stock had previously closed at C$0.19.

The firm’s 50 day moving average price is C$0.17.

About 5632 (IOG.V) (CVE:IOG)

Pond Technologies Holdings Inc, formerly Ironhorse Oil & Gas Inc, is a Canada-based company that offers an algae growing platform, which converts carbon dioxide (CO2) into algal-based commercial products. As a pollution abatement technology, Pond Technologies Holdings Inc’s algae growing platform converts the CO2 found in the untreated stack gas of industrial emitters into biofuels, animal feeds and natural fertilizers.

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