Emergent Metals (CVE:EMR) Shares Up 37.5% – Still a Buy?

Emergent Metals Corp. (CVE:EMRGet Free Report)’s stock price traded up 37.5% during trading on Monday . The company traded as high as C$0.12 and last traded at C$0.11. 950,983 shares traded hands during trading, an increase of 335% from the average session volume of 218,817 shares. The stock had previously closed at C$0.08.

Emergent Metals Stock Performance

The company has a quick ratio of 0.23, a current ratio of 0.08 and a debt-to-equity ratio of 3.61. The firm’s 50 day moving average is C$0.05 and its two-hundred day moving average is C$0.04. The stock has a market cap of C$5.18 million, a price-to-earnings ratio of -10.00 and a beta of 2.72.

About Emergent Metals

(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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