- Mining services in Australia are likely to build on an existing partnership with Japan in the development of future technologies.
- Civeo had no outstanding letters of credit in Australia into Q3 2021 despite having $0.9 million under the US debt facility and $2.1 million in Canada's loan program.
- The constant debt reduction since 2019 will increase Civeo's equity value in the long term.
- CVEO's market cap has surged 131.6%, settling at $352.32 million as of September 3,2021, but declined 46.76% from a high of $722.27 million as of October 5, 2018.
For further details see:
Civeo Corp.: Debt Reduction Points To A Robust Bull Run