Shares of Emergent Metals Corp. (CVE:EMR – Get Free Report) rose 36.4% during trading on Thursday . The company traded as high as C$0.08 and last traded at C$0.08. Approximately 116,000 shares traded 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 Down 13.3 %
The business has a 50-day moving average price of C$0.09 and a 200-day moving average price of C$0.07. The company has a quick ratio of 0.23, a current ratio of 0.11 and a debt-to-equity ratio of 3.35. The firm has a market capitalization of C$2.09 million, a P/E ratio of -1.30 and a beta of 0.79.
About Emergent Metals
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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