Emergent Metals Corp. (CVE:EMR – Get Free Report) shares shot up 20% on Monday. The company traded as high as C$0.09 and last traded at C$0.09. 142,900 shares traded hands during mid-day trading, a decline of 46% from the average daily volume of 267,074 shares. The stock had previously closed at C$0.07.
Emergent Metals Stock Down 11.1%
The stock has a market capitalization of C$5.43 million, a PE ratio of -8.00 and a beta of 1.61. The firm has a 50 day moving average of C$0.09 and a two-hundred day moving average of C$0.09. The company has a current ratio of 0.50, a quick ratio of 0.23 and a debt-to-equity ratio of 45.89.
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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