Emergent Metals (CVE:EMR) Shares Up 16.7% – What’s Next?
by Sarita Garza · The Markets DailyEmergent Metals Corp. (CVE:EMR – Get Free Report)’s share price shot up 16.7% on Wednesday . The stock traded as high as C$0.08 and last traded at C$0.07. 620,800 shares changed hands during trading, an increase of 323% from the average session volume of 146,603 shares. The stock had previously closed at C$0.06.
Emergent Metals Trading Up 25.0%
The stock has a fifty day moving average of C$0.04 and a 200 day moving average of C$0.04. The company 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 debt-to-equity ratio of 3.61, a quick ratio of 0.23 and a current ratio of 0.08.
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.