Emergent Metals (CVE:EMR) Shares Up 36.4% – Here’s What Happened

by · The Markets Daily

Shares of Emergent Metals Corp. (CVE:EMR – Get Free Report) were up 36.4% during trading on Thursday . The stock traded as high as C$0.08 and last traded at C$0.08. Approximately 116,000 shares changed hands during mid-day 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 stock has a market cap of C$2.09 million, a PE ratio of -1.30 and a beta of 0.79. The firm’s fifty day moving average price is C$0.09 and its 200 day moving average price 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.

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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