Emergent Metals (CVE:EMR) Trading Up 25% – Should You Buy?
by Scott Moore · The Cerbat GemShares of Emergent Metals Corp. (CVE:EMR – Get Free Report) shot up 25% on Wednesday . The company traded as high as C$0.08 and last traded at C$0.08. 1,072,800 shares changed 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 Stock Up 25.0%
The company has a fifty day simple moving average of C$0.04 and a 200 day simple moving average of C$0.04. The firm has a market capitalization of C$3.88 million, a P/E ratio of -7.50 and a beta of 2.72. The company has a quick ratio of 0.23, a current ratio of 0.08 and a debt-to-equity ratio of 3.61.
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.