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

Emergent Metals Corp. (CVE:EMRGet Free Report) shares 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 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 Price Performance

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 stock’s fifty day moving average is C$0.09 and its 200-day moving average is C$0.07. The stock has a market cap of C$2.09 million, a PE ratio of -1.30 and a beta of 0.79.

About Emergent Metals

(Get Free Report)

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.

Further Reading

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