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

by · The Markets Daily

Emergent Metals Corp. (CVE:EMR – Get Free Report)’s share price rose 36.4% on Friday . 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 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

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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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