Emergent Metals (CVE:EMR) Trading 25% Higher – Should You Buy?

Shares of Emergent Metals Corp. (CVE:EMRGet Free Report) traded up 25% on Thursday . The stock traded as high as C$0.08 and last traded at C$0.08. 1,072,800 shares traded hands during trading, an increase of 413% from the average session volume of 209,295 shares. The stock had previously closed at C$0.06.

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 fifty day simple moving average of C$0.04 and a 200-day simple moving average of C$0.04. The company has a market capitalization of C$4.14 million, a price-to-earnings ratio of -8.00 and a beta of 2.72.

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. in March 2022. Emergent Metals Corp. was incorporated in 1989 and is based in Vancouver, Canada.

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