Emergent Metals (CVE:EMR) Trading Up 25% – Here’s What Happened

by · The Markets Daily

Shares of Emergent Metals Corp. (CVE:EMR – Get Free Report) traded up 25% during mid-day trading 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 debt-to-equity ratio of 3.61, a quick ratio of 0.23 and a current ratio of 0.08. The company has a market capitalization of C$3.88 million, a price-to-earnings ratio of -7.50 and a beta of 2.72. The firm’s 50-day simple moving average is C$0.04 and its 200-day simple moving average is C$0.04.

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.

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