Emergent Metals Corp. (CVE:EMR – Get Free Report)’s stock price rose 17.6% on Wednesday . The company traded as high as C$0.12 and last traded at C$0.10. 1,094,001 shares changed hands during mid-day trading, an increase of 318% from the average session volume of 261,861 shares. The stock had previously closed at C$0.09.
Emergent Metals Stock Performance
The company has a quick ratio of 0.23, a current ratio of 0.64 and a debt-to-equity ratio of 41.36. The stock has a market cap of C$6.44 million, a price-to-earnings ratio of -8.00 and a beta of 2.27. The stock’s fifty day moving average is C$0.08 and its 200-day moving average is C$0.09.
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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