Emergent Metals (CVE:EMR) Shares Up 31.3% – Time to Buy?

Emergent Metals Corp. (CVE:EMRGet Free Report)’s stock price was up 31.3% on Monday . The company traded as high as C$0.12 and last traded at C$0.11. Approximately 1,587,167 shares were traded during mid-day trading, an increase of 432% from the average daily volume of 298,203 shares. The stock had previously closed at C$0.08.

Emergent Metals Stock Performance

The company has a quick ratio of 0.23, a current ratio of 0.08 and a debt-to-equity ratio of 3.61. The firm has a market cap of C$5.44 million, a price-to-earnings ratio of -10.50 and a beta of 2.72. The company has a 50 day moving average of C$0.05 and a 200 day moving average of C$0.04.

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. in March 2022. Emergent Metals Corp. was incorporated in 1989 and is based in Vancouver, Canada.

Further Reading

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