Emergent Metals (CVE:EMR) Trading Up 9.5% – Time to Buy?

Emergent Metals Corp. (CVE:EMRGet Free Report) was up 9.5% during mid-day trading on Friday . The stock traded as high as C$0.12 and last traded at C$0.12. Approximately 790,500 shares changed hands during mid-day trading, an increase of 121% from the average daily volume of 357,259 shares. The stock had previously closed at C$0.11.

Emergent Metals Stock Performance

The business’s fifty day moving average is C$0.08 and its two-hundred day moving average is C$0.05. The company has a current ratio of 0.08, a quick ratio of 0.23 and a debt-to-equity ratio of 3.61. The company has a market capitalization of C$6.47 million, a PE ratio of -12.50 and a beta of 3.65.

About Emergent Metals

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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. in March 2022. Emergent Metals Corp. was incorporated in 1989 and is based in Vancouver, Canada.

Further Reading

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