Shares of Emergent Metals Corp. (CVE:EMR – Get Free Report) traded up 25% during trading on Wednesday . The company traded as high as C$0.08 and last traded at C$0.08. 1,072,800 shares were traded during 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 Price Performance
The company has a debt-to-equity ratio of 3.61, a current ratio of 0.08 and a quick ratio of 0.23. The business’s fifty day moving average is C$0.04 and its 200-day moving average is C$0.04. The firm has a market cap of C$3.88 million, a PE 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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