Emergent Metals Corp. (CVE:EMR – Get Free Report) dropped 14.3% on Thursday. The stock traded as low as C$0.09 and last traded at C$0.09. 766,000 shares traded hands during mid-day trading, an increase of 182% from the average session volume of 271,552 shares. The stock had previously closed at C$0.10.
Emergent Metals Price Performance
The company has a quick ratio of 0.23, a current ratio of 0.50 and a debt-to-equity ratio of 45.89. The company has a market capitalization of C$6.78 million, a P/E ratio of -8.00 and a beta of 1.96. The business has a 50 day simple moving average of C$0.09 and a 200-day simple moving average of C$0.09.
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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