Emergent Metals Corp. (CVE:EMR – Get Free Report) shares were down 18.2% on Monday . The stock traded as low as C$0.05 and last traded at C$0.05. Approximately 98,000 shares changed hands during trading, an increase of 176% from the average daily volume of 35,517 shares. The stock had previously closed at C$0.06.
Emergent Metals Price Performance
The firm has a 50-day simple moving average of C$0.06 and a two-hundred day simple moving average of C$0.08. The company has a market capitalization of C$1.82 million, a price-to-earnings ratio of -2.66 and a beta of 0.79. The company has a current ratio of 0.08, a quick ratio of 0.23 and a debt-to-equity ratio of 3.61.
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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