Emergent Metals (CVE:EMR) Trading 25% Higher – Should You Buy?

Emergent Metals Corp. (CVE:EMRGet Free Report)’s stock price rose 25% during mid-day 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 mid-day 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 Stock Up 25.0%

The firm has a market capitalization of C$2.59 million, a price-to-earnings ratio of -5.00 and a beta of 2.57. The firm has a fifty day moving average price of C$0.04 and a 200 day moving average price of 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.

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.

Further Reading

Receive News & Ratings for Emergent Metals Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Emergent Metals and related companies with MarketBeat.com's FREE daily email newsletter.