Emergent Metals Corp. (CVE:EMR – Get Free Report) shot up 36.4% on Friday . The company traded as high as C$0.08 and last traded at C$0.08. 116,000 shares were traded during mid-day trading, an increase of 99% from the average session volume of 58,333 shares. The stock had previously closed at C$0.06.
Emergent Metals Stock Performance
The company has a current ratio of 0.11, a quick ratio of 0.23 and a debt-to-equity ratio of 3.35. The company’s 50-day moving average price is C$0.09 and its two-hundred day moving average price is C$0.07. The company has a market cap of C$2.41 million, a P/E ratio of -1.50 and a beta of 0.79.
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.
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