Emergent Metals (CVE:EMR) Trading Up 36.4% – Time to Buy?
by Michael Walen · The Markets DailyEmergent Metals Corp. (CVE:EMR – Get Free Report) shares were up 36.4% on Thursday . The company 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 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 cap of C$2.09 million, a PE ratio of -1.30 and a beta of 0.79. The firm’s 50 day moving average is C$0.09 and its 200-day moving average is C$0.07.
Emergent Metals Company Profile
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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