Emergent Metals (CVE:EMR) Shares Up 37.5% – What’s Next?

Emergent Metals Corp. (CVE:EMR – Get Free Report) shares traded up 37.5% during mid-day trading on Monday . The company traded as high as C$0.12 and last traded at C$0.11. 950,983 shares were traded during trading, an increase of 335% from the average session volume of 218,817 shares. The stock had previously closed at C$0.08.

Emergent Metals Stock Up 31.3%

The company has a quick ratio of 0.23, a current ratio of 0.08 and a debt-to-equity ratio of 3.61. The company has a market capitalization of C$5.44 million, a price-to-earnings ratio of -10.50 and a beta of 2.72. The business has a fifty day simple moving average of C$0.04 and a two-hundred day simple moving average of 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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