Emergent Metals Corp. (CVE:EMR – Get Free Report) shares were up 25% on Thursday . The stock traded as high as C$0.08 and last traded at C$0.08. Approximately 1,072,800 shares changed hands 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 Trading Up 25.0%
The company has a market cap of C$3.88 million, a price-to-earnings ratio of -7.50 and a beta of 2.72. 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 business’s 50 day moving average price is C$0.04 and its 200-day moving average price is C$0.04.
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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