Emergent Metals Corp. (CVE:EMR – Get Free Report)’s share price shot up 36.4% on Friday . The company traded as high as C$0.08 and last traded at C$0.08. 116,000 shares traded hands during mid-day trading, an increase of 99% from the average session volume of 58,333 shares. The stock had previously closed at C$0.06.
Emergent Metals Stock Performance
The stock has a market cap of C$2.41 million, a P/E ratio of -1.50 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. The company has a quick ratio of 0.23, a current ratio of 0.11 and a debt-to-equity ratio of 3.35.
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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