Shares of Emergent Metals Corp. (CVE:EMR – Get Free Report) fell 11.8% during trading on Thursday . The company traded as low as C$0.15 and last traded at C$0.15. 76,107 shares traded hands during trading, a decline of 83% from the average session volume of 457,815 shares. The stock had previously closed at C$0.17.
Emergent Metals Stock Performance
The firm’s fifty day simple moving average is C$0.10 and its 200 day simple moving average is C$0.06. The company has a market capitalization of C$7.25 million, a price-to-earnings ratio of -14.00 and a beta of 2.33. The company has a debt-to-equity ratio of 2.16, a current ratio of 0.22 and a quick ratio of 0.23.
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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