Emergent Metals (CVE:EMR) Shares Up 6.7% – Here’s Why

Shares of Emergent Metals Corp. (CVE:EMRGet Free Report) shot up 6.7% during mid-day trading on Tuesday . The stock traded as high as C$0.08 and last traded at C$0.08. Approximately 43,000 shares traded hands during mid-day trading, a decline of 81% from the average session volume of 220,527 shares. The stock had previously closed at C$0.07.

Emergent Metals Price Performance

The company has a current ratio of 0.64, a quick ratio of 0.23 and a debt-to-equity ratio of 41.36. The company has a fifty day moving average price of C$0.08 and a two-hundred day moving average price of C$0.09. The firm has a market cap of C$5.43 million, a P/E ratio of -8.00 and a beta of 2.24.

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

Read More

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.