Emergent Metals (CVE:EMR) Trading Up 36.4% – Here’s Why

Shares of Emergent Metals Corp. (CVE:EMRGet Free Report) rose 36.4% during mid-day trading on Friday . The company traded as high as C$0.08 and last traded at C$0.08. Approximately 116,000 shares traded hands during 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 Price Performance

The firm has a market capitalization of C$2.41 million, a P/E ratio of -1.50 and a beta of 0.79. The company has a current ratio of 0.11, a quick ratio of 0.23 and a debt-to-equity ratio of 3.35. The firm has a 50 day moving average price of C$0.09 and a 200-day moving average price of C$0.07.

Emergent Metals Company Profile

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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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