Emergent Metals Corp. (CVE:EMR – Get Free Report)’s share price shot up 25% during trading on Wednesday . The company traded as high as C$0.08 and last traded at C$0.08. 956,800 shares were traded during mid-day trading, an increase of 378% from the average session volume of 200,372 shares. The stock had previously closed at C$0.06.
Emergent Metals Stock Up 25.0%
The business has a 50-day moving average price of C$0.04 and a 200-day moving average price of C$0.04. The stock has a market cap of C$3.88 million, a PE ratio of -7.50 and a beta of 2.72. The company has a current ratio of 0.08, a quick ratio of 0.23 and a debt-to-equity ratio of 3.61.
About Emergent Metals
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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