Emergent Metals Corp. (OTCMKTS:EGMCF) Short Interest Update

Emergent Metals Corp. (OTCMKTS:EGMCF) was the target of a significant drop in short interest in the month of October. As of October 15th, there was short interest totalling 38,900 shares, a drop of 85.5% from the September 30th total of 267,900 shares. Based on an average trading volume of 338,100 shares, the days-to-cover ratio is presently 0.1 days.

Emergent Metals Stock Performance

Emergent Metals stock remained flat at $0.06 during mid-day trading on Friday. The company had a trading volume of 263,550 shares, compared to its average volume of 80,384. The business has a 50 day simple moving average of $0.05 and a two-hundred day simple moving average of $0.04. Emergent Metals has a 1-year low of $0.02 and a 1-year high of $0.11.

Emergent Metals Company Profile

Emergent Metals Corp. engages in the acquisition and exploration of mineral properties in Canada and the United States. The company explores for gold, silver, molybdenum, copper, and other mineral deposits. The company holds interest in the Golden Arrow, the New York Canyon, the Mindora, Buckskin Rawhide East, Buckskin Rawhide West, and Koegel Rawhide properties located in Nevada, the United States.