Emergent Metals (CVE:EMR) Trading 36.4% Higher – Here’s Why

by · The Cerbat Gem

Shares of Emergent Metals Corp. (CVE:EMR – Get Free Report) were up 36.4% during trading on Friday . The company traded as high as C$0.08 and last traded at C$0.08. Approximately 116,000 shares traded hands during trading, an increase of 99% from the average daily volume of 58,333 shares. The stock had previously closed at C$0.06.

Emergent Metals Price Performance

The company has a debt-to-equity ratio of 3.35, a quick ratio of 0.23 and a current ratio of 0.11. The company has a market capitalization of C$2.41 million, a P/E ratio of -1.50 and a beta of 0.79. The firm’s fifty day moving average is C$0.09 and its 200 day moving average is C$0.07.

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.

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