Emergent Metals (CVE:EMR) Trading 36.4% Higher – Time to Buy?

by · The Cerbat Gem

Emergent Metals Corp. (CVE:EMR – Get Free Report)’s share price was up 36.4% during mid-day trading on Thursday . The stock traded as high as C$0.08 and last traded at C$0.08. Approximately 116,000 shares were traded 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 Stock Performance

The company’s fifty day simple moving average is C$0.09 and its 200 day simple moving average is C$0.07. The company has a quick ratio of 0.23, a current ratio of 0.11 and a debt-to-equity ratio of 3.35. The stock has a market capitalization of C$2.09 million, a price-to-earnings ratio of -1.30 and a beta of 0.79.

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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