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

Emergent Metals Corp. (CVE:EMRGet Free Report)’s stock price shot up 25% on Wednesday . The company traded as high as C$0.05 and last traded at C$0.05. 519,005 shares were traded during trading, an increase of 398% from the average session volume of 104,154 shares. The stock had previously closed at C$0.04.

Emergent Metals Trading Up 25.0%

The firm has a market cap of C$2.59 million, a price-to-earnings ratio of -5.00 and a beta of 2.57. 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 quick ratio of 0.23, a current ratio of 0.08 and a debt-to-equity ratio of 3.61.

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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