Emergent Metals (CVE:EMR) Stock Price Down 20% – Here’s What Happened

Emergent Metals Corp. (CVE:EMRGet Free Report) shares were down 20% during mid-day trading on Saturday . The company traded as low as C$0.04 and last traded at C$0.04. Approximately 176,500 shares changed hands during mid-day trading, an increase of 76% from the average daily volume of 100,275 shares. The stock had previously closed at C$0.05.

Emergent Metals Price Performance

The company has a market capitalization of C$2.07 million, a PE ratio of -2.00 and a beta of 2.47. The firm has a fifty day moving average of C$0.04 and a two-hundred day moving average of C$0.04. The company has a current ratio of 0.08, a quick ratio of 0.23 and a debt-to-equity ratio of 3.61.

Emergent Metals Company Profile

(Get Free Report)

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.

Featured Stories

Receive News & Ratings for Emergent Metals Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Emergent Metals and related companies with MarketBeat.com's FREE daily email newsletter.