Emergent Metals Corp. (OTCMKTS:EGMCF) Sees Large Growth in Short Interest

Emergent Metals Corp. (OTCMKTS:EGMCF) saw a significant increase in short interest in March. As of March 15th, there was short interest totalling 11,600 shares, an increase of 123.1% from the February 28th total of 5,200 shares. Based on an average trading volume of 47,900 shares, the short-interest ratio is currently 0.2 days.

Emergent Metals Stock Performance

Emergent Metals stock traded up $0.00 during mid-day trading on Friday, reaching $0.03. 200 shares of the company’s stock were exchanged, compared to its average volume of 82,970. The business’s fifty day simple moving average is $0.05 and its 200 day simple moving average is $0.06. Emergent Metals has a one year low of $0.02 and a one year high of $0.09.

About Emergent Metals

Emergent Metals Corp. engages in the acquisition and exploration of mineral properties in Canada and the United States. The company explores for gold, silver, molybdenum, copper, and other mineral deposits. The company holds interest in the Golden Arrow, the New York Canyon, the Mindora, Buckskin Rawhide East, Buckskin Rawhide West, and Koegel Rawhide properties located in Nevada, the United States.