Emergent Metals (CVE:EMR) Stock Price Up 36.4% – Here’s What Happened

Emergent Metals Corp. (CVE:EMRGet Free Report)’s share price rose 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 were traded 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 Trading Down 13.3 %

The company has a quick ratio of 0.23, a current ratio of 0.11 and a debt-to-equity ratio of 3.35. The firm has a market cap of C$2.09 million, a price-to-earnings ratio of -1.30 and a beta of 0.79. The business has a 50 day moving average price of C$0.09 and a 200-day moving average price of C$0.07.

About Emergent Metals

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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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