Emergent Metals (CVE:EMR) Trading Up 36.4% – Here’s Why

Emergent Metals Corp. (CVE:EMRGet Free Report)’s share price rose 36.4% on Thursday . The company traded as high as C$0.08 and last traded at C$0.08. Approximately 116,000 shares traded hands during trading, an increase of 99% from the average daily volume of 58,333 shares. The stock had previously closed at C$0.06.

Emergent Metals Stock Performance

The company has a debt-to-equity ratio of 3.35, a quick ratio of 0.23 and a current ratio of 0.11. The company has a market cap of C$2.41 million, a PE ratio of -1.50 and a beta of 0.79. The company’s 50 day moving average price is C$0.09 and its 200-day moving average price is C$0.07.

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.

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