Emergent Metals Corp. (CVE:EMR – Get Free Report) shares rose 16.7% during mid-day trading on Wednesday . The company traded as high as C$0.08 and last traded at C$0.07. Approximately 620,800 shares were traded during trading, an increase of 323% from the average daily volume of 146,603 shares. The stock had previously closed at C$0.06.
Emergent Metals Stock Performance
The firm’s 50-day moving average price is C$0.04 and its 200-day moving average price is C$0.04. The company has a debt-to-equity ratio of 3.61, a current ratio of 0.08 and a quick ratio of 0.23. The stock has a market cap of C$3.88 million, a P/E ratio of -7.50 and a beta of 2.72.
Emergent Metals Company Profile
Emergent Metals Corp. engages in the acquisition and exploration of mineral properties in Canada and the United States. It explores for gold, silver, molybdenum, copper, base, and other mineral deposits. The company was formerly known as Emgold Mining Corporation and changed its name to Emergent Metals Corp. in March 2022. Emergent Metals Corp. was incorporated in 1989 and is based in Vancouver, Canada.
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