Emergent Metals (CVE:EMR) Trading Up 36.4% – Still a Buy?

Emergent Metals Corp. (CVE:EMRGet Free Report) shares were up 36.4% during trading on Friday . The company traded as high as C$0.08 and last traded at C$0.08. Approximately 116,000 shares changed hands during mid-day 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 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 business has a 50 day simple moving average of C$0.09 and a 200 day simple moving average of C$0.07. The company 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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