Emergent Metals Corp. (CVE:EMR – Get Free Report) shares traded up 15.4% on Friday . The company traded as high as C$0.08 and last traded at C$0.07. 114,300 shares traded hands during trading, a decline of 50% from the average daily volume of 227,341 shares. The stock had previously closed at C$0.07.
Emergent Metals Stock Performance
The company has a current ratio of 0.64, a quick ratio of 0.23 and a debt-to-equity ratio of 41.36. The stock has a market capitalization of C$5.43 million, a price-to-earnings ratio of -8.00 and a beta of 2.24. The firm’s fifty day moving average price is C$0.08 and its 200 day moving average price is C$0.09.
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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