Emergent Metals (CVE:EMR) Trading Up 25% – Time to Buy?

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

Emergent Metals Stock Up 25.0%

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 firm has a 50-day simple moving average of C$0.04 and a 200 day simple moving average of C$0.04. The stock has a market capitalization of C$3.88 million, a P/E ratio of -7.50 and a beta of 2.72.

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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