Emergent Metals (CVE:EMR) Stock Price Up 31.3% – What’s Next?

Emergent Metals Corp. (CVE:EMRGet Free Report) traded up 31.3% during mid-day trading on Monday . The stock traded as high as C$0.12 and last traded at C$0.11. 1,587,167 shares changed hands during mid-day trading, an increase of 432% from the average session volume of 298,203 shares. The stock had previously closed at C$0.08.

Emergent Metals Price Performance

The company has a debt-to-equity ratio of 3.61, a quick ratio of 0.23 and a current ratio of 0.08. The business has a 50-day simple moving average of C$0.05 and a 200 day simple moving average of C$0.04. The firm has a market cap of C$5.44 million, a P/E ratio of -10.50 and a beta of 2.72.

About Emergent Metals

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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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