Emergent Metals (CVE:EMR) Trading 36.4% Higher – Should You Buy?

by · The Markets Daily

Emergent Metals Corp. (CVE:EMR – Get Free Report) shares rose 36.4% during mid-day trading on Thursday . The company 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 Trading Up 36.4 %

The company has a debt-to-equity ratio of 3.35, a quick ratio of 0.23 and a current ratio of 0.11. The company has a market capitalization of C$2.41 million, a P/E ratio of -1.50 and a beta of 0.79. The company has a 50-day simple moving average of C$0.09 and a 200 day simple moving average of C$0.07.

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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