Emergent Metals (CVE:EMR) Trading Up 36.4% – Still a Buy?

Emergent Metals Corp. (CVE:EMRGet Free Report)’s share price was up 36.4% on Thursday . The stock traded as high as C$0.08 and last traded at C$0.08. Approximately 116,000 shares were traded 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 quick ratio of 0.23, a current ratio of 0.11 and a debt-to-equity ratio of 3.35. The stock has a fifty day moving average price of C$0.09 and a two-hundred day moving average price of C$0.07. The company has a market capitalization of C$2.41 million, a price-to-earnings ratio of -1.50 and a beta of 0.79.

Emergent Metals Company Profile

(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.

Further Reading

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