Emergent Metals (CVE:EMR) Shares Up 36.4% – What’s Next?

Emergent Metals Corp. (CVE:EMRGet Free Report)’s share price traded up 36.4% on Friday . The stock traded as high as C$0.08 and last traded at C$0.08. 116,000 shares traded hands during 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 Stock Up 36.4 %

The business has a fifty day moving average price of C$0.09 and a two-hundred day moving average price of C$0.07. 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 debt-to-equity ratio of 3.35, a current ratio of 0.11 and a quick ratio of 0.23.

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.

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