Emergent Metals (CVE:EMR) Trading 25% Higher – Here’s What Happened

Shares of Emergent Metals Corp. (CVE:EMRGet Free Report) were up 25% during trading on Wednesday . The company traded as high as C$0.05 and last traded at C$0.05. Approximately 519,005 shares traded hands during trading, an increase of 398% from the average daily volume of 104,154 shares. The stock had previously closed at C$0.04.

Emergent Metals Stock Performance

The company has a market capitalization of C$2.59 million, a price-to-earnings ratio of -5.00 and a beta of 2.57. 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 stock has a 50 day simple moving average of C$0.04 and a two-hundred 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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