Emergent Metals Corp. (CVE:EMR – Get Free Report) shot up 15.4% during mid-day trading on Friday . The company traded as high as C$0.08 and last traded at C$0.07. Approximately 114,300 shares traded hands during mid-day trading, a decline of 50% from the average session volume of 227,341 shares. The stock had previously closed at C$0.07.
Emergent Metals Stock Up 23.1%
The company has a market capitalization of C$5.43 million, a price-to-earnings ratio of -8.00 and a beta of 2.24. The company has a quick ratio of 0.23, a current ratio of 0.64 and a debt-to-equity ratio of 41.36. The business has a 50-day moving average price of C$0.08 and a 200-day moving average price of C$0.09.
Emergent Metals Company Profile
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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