Emergent Metals (CVE:EMR) Trading 25% Higher – Still a Buy?

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

Emergent Metals Stock Performance

The stock has a market cap of C$3.88 million, a PE ratio of -7.50 and a beta of 2.72. The firm’s 50-day moving average is C$0.04 and its 200 day moving average is C$0.04. The company has a debt-to-equity ratio of 3.61, a quick ratio of 0.23 and a current ratio of 0.08.

Emergent Metals Company Profile

(Get Free Report)

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.

Featured Stories

Receive News & Ratings for Emergent Metals Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Emergent Metals and related companies with MarketBeat.com's FREE daily email newsletter.