Shares of Emergent Metals Corp. (CVE:EMR – Get Free Report) fell 20% during mid-day trading on Saturday . The company traded as low as C$0.04 and last traded at C$0.04. 176,500 shares traded hands during trading, an increase of 76% from the average session volume of 100,275 shares. The stock had previously closed at C$0.05.
Emergent Metals Price Performance
The firm has a market cap of C$2.07 million, a price-to-earnings ratio of -2.00 and a beta of 2.47. The company has a debt-to-equity ratio of 3.61, a quick ratio of 0.23 and a current ratio of 0.08. The business 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.
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