Emergent Metals (CVE:EMR) Shares Up 25% – Here’s Why

Emergent Metals Corp. (CVE:EMRGet Free Report)’s share price traded up 25% on Wednesday . The stock traded as high as C$0.08 and last traded at C$0.08. 1,072,800 shares were traded during trading, an increase of 413% from the average session volume of 209,295 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 quick ratio of 0.23 and a current ratio of 0.08. The company’s 50 day moving average price is C$0.04 and its 200-day moving average price is C$0.04. The company has a market cap of C$3.88 million, a PE ratio of -7.50 and a beta of 2.72.

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. in March 2022. Emergent Metals Corp. was incorporated in 1989 and is based in Vancouver, Canada.

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