Emergent Metals (CVE:EMR) Shares Up 25% – Here’s What Happened

Emergent Metals Corp. (CVE:EMRGet Free Report) shares shot up 25% during mid-day trading on Wednesday . The company traded as high as C$0.08 and last traded at C$0.08. 1,072,800 shares traded hands during mid-day trading, an increase of 413% from the average session volume of 209,295 shares. The stock had previously closed at C$0.06.

Emergent Metals Trading Up 25.0%

The stock’s fifty day moving average price is C$0.04 and its 200 day moving average price is C$0.04. The stock has a market cap of C$3.88 million, a P/E 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.

About Emergent Metals

(Get Free Report)

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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