Shares of Emergent Metals Corp. (CVE:EMR – Get Free Report) dropped 20% during trading on Friday . The stock traded as low as C$0.04 and last traded at C$0.04. Approximately 176,500 shares traded hands during trading, an increase of 76% from the average daily volume of 100,275 shares. The stock had previously closed at C$0.05.
Emergent Metals Price Performance
The company has a debt-to-equity ratio of 3.61, a quick ratio of 0.23 and a current ratio of 0.08. The company has a market cap of C$2.07 million, a P/E ratio of -2.00 and a beta of 2.47. The firm’s fifty day moving average is C$0.04 and its two-hundred day moving average is C$0.04.
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.
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