Emergent Metals (CVE:EMR) Stock Price Up 36.4% – Should You Buy?

Emergent Metals Corp. (CVE:EMRGet Free Report) traded up 36.4% on Thursday . The company traded as high as C$0.08 and last traded at C$0.08. 116,000 shares traded hands during 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 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 has a fifty day moving average of C$0.09 and a two-hundred day moving average of C$0.07. The firm has a market capitalization of C$2.09 million, a price-to-earnings ratio of -1.30 and a beta of 0.79.

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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