Shares of Emergent Metals Corp. (CVE:EMR – Get Free Report) were up 25% during trading on Wednesday . The stock traded as high as C$0.08 and last traded at C$0.08. Approximately 1,072,800 shares were traded during mid-day trading, an increase of 413% from the average daily volume of 209,295 shares. The stock had previously closed at C$0.06.
Emergent Metals Price Performance
The company has a debt-to-equity ratio of 3.61, a quick ratio of 0.23 and a current ratio of 0.08. The company has a 50-day moving average of C$0.04 and a 200-day moving average of C$0.04. The stock has a market capitalization of C$3.88 million, a price-to-earnings ratio of -7.50 and a beta of 2.72.
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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