Emergent Metals (CVE:EMR) Shares Up 25% – Here’s Why

by · The Cerbat Gem

Emergent Metals Corp. (CVE:EMR – Get Free Report)’s share price shot up 25% during mid-day trading 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 session volume of 104,154 shares. The stock had previously closed at C$0.04.

Emergent Metals Price Performance

The stock 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 current ratio of 0.08, a quick ratio of 0.23 and a debt-to-equity ratio of 3.61. The company’s fifty 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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