Emergent Metals Corp. (CVE:EMR – Get Free Report) shot up 20% during trading on Monday. The company traded as high as C$0.09 and last traded at C$0.09. 142,900 shares traded hands during trading, a decline of 46% from the average daily volume of 267,074 shares. The stock had previously closed at C$0.07.
Emergent Metals Price Performance
The company has a current ratio of 0.50, a quick ratio of 0.23 and a debt-to-equity ratio of 45.89. The stock has a 50-day simple moving average of C$0.09 and a 200 day simple moving average of C$0.09. The stock has a market capitalization of C$6.11 million, a price-to-earnings ratio of -8.00 and a beta of 1.61.
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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