Emergent Metals (CVE:EMR) Trading 36.4% Higher – Should You Buy?

Emergent Metals Corp. (CVE:EMRGet Free Report) traded up 36.4% during mid-day trading on Friday . The stock traded as high as C$0.08 and last traded at C$0.08. 116,000 shares changed 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 Down 13.3 %

The company has a debt-to-equity ratio of 3.35, a current ratio of 0.11 and a quick ratio of 0.23. The company has a market capitalization of C$2.09 million, a P/E ratio of -1.30 and a beta of 0.79. The company has a 50 day moving average of C$0.09 and a 200-day moving average of C$0.07.

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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