Emergent Metals (CVE:EMR) Shares Up 15% – Here’s What Happened

Emergent Metals Corp. (CVE:EMRGet Free Report) shares shot up 15% on Wednesday . The company traded as high as C$0.12 and last traded at C$0.12. 11,000 shares were traded during mid-day trading, a decline of 88% from the average session volume of 90,314 shares. The stock had previously closed at C$0.10.

Emergent Metals Trading Down 4.5 %

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 company’s 50-day moving average price is C$0.08 and its 200-day moving average price is C$0.06. The firm has a market capitalization of C$3.37 million, a PE ratio of -2.30 and a beta of 0.79.

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.

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