Shares of Emergent Metals Corp. (CVE:EMR – Get Free Report) fell 14.3% during trading on Thursday. The stock traded as low as C$0.09 and last traded at C$0.09. 766,000 shares changed hands during 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 Stock Down 9.5%
The firm has a market capitalization of C$6.44 million, a PE ratio of -8.00 and a beta of 1.96. The business’s 50 day simple moving average is C$0.09 and its 200 day simple moving average is C$0.09. The company has a current ratio of 0.50, a quick ratio of 0.23 and a debt-to-equity ratio of 45.89.
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. in March 2022. Emergent Metals Corp. was incorporated in 1989 and is based in Vancouver, Canada.
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