Emergent Metals (CVE:EMR) Stock Price Up 25% – Should You Buy?

by · The Cerbat Gem

Emergent Metals Corp. (CVE:EMR – Get Free Report) shot up 25% during mid-day trading on Wednesday . The company traded as high as C$0.05 and last traded at C$0.05. 519,005 shares changed hands 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 Trading Up 25.0%

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

About Emergent Metals

(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