Emergent Metals (CVE:EMR) Trading 25% Higher – Here’s Why
by Scott Moore · The Cerbat GemEmergent Metals Corp. (CVE:EMR – Get Free Report)’s share price was up 25% on Thursday . The stock traded as high as C$0.05 and last traded at C$0.05. Approximately 519,005 shares changed hands during mid-day trading, an increase of 398% from the average daily volume of 104,154 shares. The stock had previously closed at C$0.04.
Emergent Metals Trading Up 25.0%
The stock has a 50-day moving average of C$0.04 and a two-hundred day moving average of C$0.04. The company has a market cap of C$2.59 million, a P/E ratio of -5.00 and a beta of 2.57. 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.