Emergent Metals Corp. (CVE:EMR – Get Free Report)’s share price shot up 25% during mid-day trading on Wednesday . The stock traded as high as C$0.08 and last traded at C$0.08. 956,800 shares changed hands during trading, an increase of 378% from the average session volume of 200,372 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 company has a market capitalization of C$3.88 million, a PE ratio of -7.50 and a beta of 2.72. The firm’s fifty day simple moving average is C$0.04 and its 200 day simple 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. in March 2022. Emergent Metals Corp. was incorporated in 1989 and is based in Vancouver, Canada.
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