Emergent Metals (CVE:EMR) Stock Price Up 36.4% – Here’s Why

Emergent Metals Corp. (CVE:EMRGet Free Report) rose 36.4% during mid-day trading on Thursday . The company traded as high as C$0.08 and last traded at C$0.08. Approximately 116,000 shares traded hands during trading, an increase of 99% from the average daily volume of 58,333 shares. The stock had previously closed at C$0.06.

Emergent Metals Stock Performance

The stock has a market cap of C$2.41 million, a PE ratio of -1.50 and a beta of 0.79. The stock has a fifty day moving average of C$0.09 and a 200-day moving average of C$0.07. The company has a quick ratio of 0.23, a current ratio of 0.11 and a debt-to-equity ratio of 3.35.

About Emergent Metals

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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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