Emergent Metals Corp. (CVE:EMR – Get Free Report) shot up 31.3% during mid-day trading on Monday . The stock traded as high as C$0.12 and last traded at C$0.11. 1,587,167 shares changed hands during trading, an increase of 432% from the average session volume of 298,203 shares. The stock had previously closed at C$0.08.
Emergent Metals Trading Up 31.3%
The business’s 50 day simple moving average is C$0.05 and its 200 day simple moving average is C$0.04. The stock has a market cap of C$5.44 million, a price-to-earnings ratio of -10.50 and a beta of 2.72. The company has a quick ratio of 0.23, a current ratio of 0.08 and a debt-to-equity ratio of 3.61.
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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