Emergent Metals Corp. (CVE:EMR – Get Free Report) shares shot up 37.5% during trading on Monday . The company traded as high as C$0.12 and last traded at C$0.11. 950,983 shares traded hands during trading, an increase of 335% from the average session volume of 218,817 shares. The stock had previously closed at C$0.08.
Emergent Metals Trading Up 31.3%
The business has a 50 day moving average of C$0.04 and a 200 day moving average of C$0.04. The firm has a market capitalization of C$5.44 million, a price-to-earnings ratio of -10.50 and a beta of 2.72. The company has a debt-to-equity ratio of 3.61, a current ratio of 0.08 and a quick ratio of 0.23.
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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