Emergent Metals (CVE:EMR) Trading 25% Higher – What’s Next?

by · The Cerbat Gem

Emergent Metals Corp. (CVE:EMR – Get Free Report) shares traded up 25% on Thursday . The stock traded as high as C$0.05 and last traded at C$0.05. 519,005 shares were traded during trading, an increase of 398% from the average session volume of 104,154 shares. The stock had previously closed at C$0.04.

Emergent Metals Stock Up 25.0%

The stock’s fifty day moving average price is C$0.04 and its 200-day moving average price is C$0.04. The company has a quick ratio of 0.23, a current ratio of 0.08 and a debt-to-equity ratio of 3.61. The company has a market capitalization of C$2.59 million, a price-to-earnings ratio of -5.00 and a beta of 2.57.

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.

See Also