Emergent Metals (CVE:EMR) Trading 36.4% Higher – Here’s Why

Emergent Metals Corp. (CVE:EMRGet Free Report) shares shot up 36.4% during mid-day trading on Thursday . The stock traded as high as C$0.08 and last traded at C$0.08. 116,000 shares changed hands during mid-day trading, an increase of 99% from the average session volume of 58,333 shares. The stock had previously closed at C$0.06.

Emergent Metals Price 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 firm 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 50-day moving average of C$0.09 and a 200-day 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.

Further Reading

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