Emergent Metals (CVE:EMR) Sets New 52-Week High – What’s Next?

Emergent Metals Corp. (CVE:EMR)’s share price hit a new 52-week high during trading on Monday . The company traded as high as C$0.11 and last traded at C$0.12, with a volume of 221042 shares changing hands. The stock had previously closed at C$0.11.

Emergent Metals Price Performance

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 capitalization of C$5.95 million, a price-to-earnings ratio of -11.50 and a beta of 2.72. The stock has a 50 day moving average price of C$0.05 and a 200-day moving average price of C$0.04.

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.