Emergent Metals (CVE:EMR) Trading Up 36.4% – Still a Buy?

by · The Cerbat Gem

Emergent Metals Corp. (CVE:EMR – Get Free Report)’s stock price traded up 36.4% during trading on Thursday . The stock traded as high as C$0.08 and last traded at C$0.08. 116,000 shares traded hands during mid-day trading, an increase of 99% from the average session volume of 58,333 shares. The stock had previously closed at C$0.06.

Emergent Metals Trading Up 36.4 %

The company’s fifty day simple moving average is C$0.09 and its two-hundred day simple moving average is C$0.07. The company has a market capitalization of C$2.41 million, a price-to-earnings ratio of -1.50 and a beta of 0.79. The company has a quick ratio of 0.23, a current ratio of 0.11 and a debt-to-equity ratio of 3.35.

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.

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