Emergent Metals (CVE:EMR) Trading 25% Higher – Here’s Why

Emergent Metals Corp. (CVE:EMR) traded up 25% during trading on Thursday . The company traded as high as C$0.05 and last traded at C$0.05. 519,005 shares changed hands during mid-day trading, an increase of 398% from the average session volume of 104,154 shares. The stock had previously closed at C$0.04.

Emergent Metals Stock Up 25.0%

The company’s 50 day moving average is C$0.04 and its 200 day moving average is C$0.04. The company has a market cap of C$2.59 million, a PE ratio of -5.00 and a beta of 2.57. The company has a current ratio of 0.08, a quick ratio of 0.23 and a debt-to-equity ratio of 3.61.

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.