Emergent Metals (CVE:EMR) Stock Price Up 25% – What’s Next?

Emergent Metals Corp. (CVE:EMR) was up 25% during trading on Wednesday . The company traded as high as C$0.05 and last traded at C$0.05. Approximately 519,005 shares traded hands during trading, an increase of 398% from the average daily volume of 104,154 shares. The stock had previously closed at C$0.04.

Emergent Metals Trading Up 25.0%

The stock has a market capitalization of C$2.59 million, a P/E ratio of -5.00 and a beta of 2.57. The stock’s fifty day moving average price is C$0.04 and its two-hundred day moving average price is C$0.04. The company has a current ratio of 0.08, a quick ratio of 0.23 and a debt-to-equity ratio of 3.61.

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.