Emergent Metals Corp. (CVE:EMR – Get Free Report)’s stock price shot up 15.4% during mid-day trading on Friday . The stock traded as high as C$0.08 and last traded at C$0.07. 114,300 shares changed hands during mid-day trading, a decline of 50% from the average daily volume of 227,341 shares. The stock had previously closed at C$0.07.
Emergent Metals Price Performance
The business has a fifty day moving average price of C$0.08 and a 200 day moving average price of C$0.09. The company has a debt-to-equity ratio of 41.36, a current ratio of 0.64 and a quick ratio of 0.23. The company has a market capitalization of C$5.43 million, a price-to-earnings ratio of -8.00 and a beta of 2.24.
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. in March 2022. Emergent Metals Corp. was incorporated in 1989 and is based in Vancouver, Canada.
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