Emergent Metals (CVE:EMR) Trading Up 25% – Here’s Why

Emergent Metals Corp. (CVE:EMRGet Free Report)’s stock price traded up 25% during trading on Thursday . The stock traded as high as C$0.08 and last traded at C$0.08. 1,072,800 shares were traded 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 Price Performance

The company has a market capitalization of C$3.88 million, a PE 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 stock has a fifty day simple moving average of C$0.04 and a 200-day simple moving average of C$0.04.

Emergent Metals Company Profile

(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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