Shares of Emergent Metals Corp. (CVE:EMR – Get Free Report) rose 25% on Thursday . The stock traded as high as C$0.08 and last traded at C$0.08. Approximately 1,072,800 shares were traded during trading, an increase of 413% from the average daily volume of 209,295 shares. The stock had previously closed at C$0.06.
Emergent Metals Stock Performance
The company has a debt-to-equity ratio of 3.61, a current ratio of 0.08 and a quick ratio of 0.23. The stock has a market cap of C$3.88 million, a P/E ratio of -7.50 and a beta of 2.72. The stock has a 50-day simple moving average of C$0.04 and a 200-day simple moving average of C$0.04.
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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