Emergent Metals (CVE:EMR) Shares Down 20% – What’s Next?

Emergent Metals Corp. (CVE:EMRGet Free Report) shares were down 20% during mid-day trading on Friday . The company traded as low as C$0.04 and last traded at C$0.04. Approximately 176,500 shares changed hands during mid-day trading, an increase of 76% from the average daily volume of 100,275 shares. The stock had previously closed at C$0.05.

Emergent Metals Stock Down 20.0%

The business has a fifty day moving average price of C$0.04 and a two-hundred day moving average price of C$0.04. 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 firm has a market cap of C$2.07 million, a PE ratio of -2.00 and a beta of 2.47.

Emergent Metals Company Profile

(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.

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