Emergent Metals (CVE:EMR) Shares Up 6.7% – Here’s Why

Shares of Emergent Metals Corp. (CVE:EMRGet Free Report) shot up 6.7% during trading on Friday . The stock traded as high as C$0.08 and last traded at C$0.08. 295,000 shares were traded during mid-day trading, an increase of 37% from the average daily volume of 215,810 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 market capitalization of C$5.77 million, a P/E ratio of -8.00 and a beta of 1.74. The company has a fifty day simple moving average of C$0.08 and a two-hundred day simple moving average of C$0.09.

About Emergent Metals

(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.

Recommended Stories

Receive News & Ratings for Emergent Metals Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Emergent Metals and related companies with MarketBeat.com's FREE daily email newsletter.