Emergent Metals (CVE:EMR) Trading Up 9.5% – What’s Next?

Emergent Metals Corp. (CVE:EMR) rose 9.5% on Friday . The stock traded as high as C$0.12 and last traded at C$0.12. Approximately 790,500 shares were traded during trading, an increase of 121% from the average daily volume of 357,259 shares. The stock had previously closed at C$0.11.

Emergent Metals Stock Performance

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 company has a market capitalization of C$6.47 million, a P/E ratio of -12.50 and a beta of 3.65. The business has a 50-day moving average of C$0.08 and a 200-day moving average of C$0.05.

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.