Emergent Metals (CVE:EMR) Stock Price Up 36.4% – Time to Buy?

Emergent Metals Corp. (CVE:EMRGet Free Report)’s share price rose 36.4% during trading on Friday . The stock traded as high as C$0.08 and last traded at C$0.08. Approximately 116,000 shares traded 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 Performance

The firm has a fifty day simple moving average of C$0.09 and a 200 day simple moving average of C$0.07. 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 stock has a market cap of C$2.09 million, a price-to-earnings ratio of -1.30 and a beta of 0.79.

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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