Shares of Emergent Metals Corp. (CVE:EMR – Get Free Report) were up 36.4% during trading on Friday . The company traded as high as C$0.08 and last traded at C$0.08. Approximately 116,000 shares changed hands during mid-day trading, an increase of 99% from the average daily volume of 58,333 shares. The stock had previously closed at C$0.06.
Emergent Metals Price Performance
The company has a debt-to-equity ratio of 3.35, a quick ratio of 0.23 and a current ratio of 0.11. The firm has a market cap of C$2.09 million, a P/E ratio of -1.30 and a beta of 0.79. The company has a 50-day moving average of C$0.09 and a 200 day moving average of C$0.07.
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.
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