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Vertex Resource Group Ltd. ( (TSE:VTX) ) has issued an update.
Vertex Resource Group Ltd. reported its first quarter 2025 financial results, highlighting a gross revenue of $56.5 million and an adjusted EBITDA of $5.2 million. The company saw strong performance in its Environmental Consulting segment and drilling-related services, despite challenges in propane and butane hauling due to tariff uncertainties. The company is focusing on cost management and operational efficiency in response to global trade tensions and is cautiously optimistic about future opportunities, particularly with the anticipated operations commencement at LNG Canada.
More about Vertex Resource Group Ltd.
Since 1962, Vertex Resource Group Ltd. has been a leading North American provider of environmental services. Headquartered in Sherwood Park, Alberta, the company employs around 1,000 staff and lease operators, offering a wide array of services from site selection to environmental cleanup across industries such as energy, mining, utilities, and more. Vertex primarily operates in Canada with select locations in the United States.
Average Trading Volume: 29,198
Technical Sentiment Signal: Sell
Current Market Cap: C$24.09M
Learn more about VTX stock on TipRanks’ Stock Analysis page.