Andrew Macritchie Acquires 100,000 Shares of Emergent Metals (CVE:EMR) Stock

Emergent Metals Corp. (CVE:EMR) Director Andrew Macritchie bought 100,000 shares of the firm’s stock in a transaction that occurred on Thursday, February 5th. The shares were acquired at an average cost of C$0.11 per share, for a total transaction of C$11,000.00. Following the purchase, the director directly owned 364,500 shares in the company, valued at C$40,095. This trade represents a 37.81% increase in their position.

Emergent Metals Price Performance

CVE EMR opened at C$0.11 on Friday. Emergent Metals Corp. has a 12 month low of C$0.03 and a 12 month high of C$0.13. The company has a current ratio of 0.08, a quick ratio of 0.23 and a debt-to-equity ratio of 3.61. The stock has a market cap of C$5.44 million, a PE ratio of -10.50 and a beta of 3.65. The stock’s 50 day moving average is C$0.06 and its 200 day moving average is C$0.04.

About Emergent Metals

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.